Domino’s turnaround CEO to step down
Domino’s Pizza Inc.’s chief executive Patrick Doyle has announced that he will leave the biggest US pizza delivery chain in June.
Doyle is credited with the turnaround of the Domino’s brand, focusing on digital ordering and promotions.
"This is not a turnaround that took two or three years," Domino's CFO Jeff Lawrence said at an Orlando conference. "Some of these things took a decade or more."
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Richard Allison, who heads up the international business, will become CEO on 1 July 2018.
Doyle said that he set himself three key goals when he became CEO in 2010: making Domino’s the No. 1 pizza company, boosting the return on investment for franchises and putting a leadership team in place.
“We’ve accomplished all of those goals, and I will leave Domino’s knowing that it is in great hands,” Doyle said in a statement.
The executive shift comes a month after rival Pap Johns’s Internation Inc. revealed that it was changing its CEO. Founder John Schnatter announced plans to step down last month, passing the job to COO Steve Ritchie.
Domino’s has grown its share of the pizza-delivery market by roughly 1% every year since 2011.
Domino’s turnaround CEO to step down
Domino’s Pizza Inc.’s chief executive Patrick Doyle has announced that he will leave the biggest US pizza delivery chain in June.
Doyle is credited with the turnaround of the Domino’s brand, focusing on digital ordering and promotions.
"This is not a turnaround that took two or three years," Domino's CFO Jeff Lawrence said at an Orlando conference. "Some of these things took a decade or more."
Richard Allison, who heads up the international business, will become CEO on 1 July 2018.
Doyle said that he set himself three key goals when he became CEO in 2010: making Domino’s the No. 1 pizza company, boosting the return on investment for franchises and putting a leadership team in place.
“We’ve accomplished all of those goals, and I will leave Domino’s knowing that it is in great hands,” Doyle said in a statement.
The executive shift comes a month after rival Pap Johns’s Internation Inc. revealed that it was changing its CEO. Founder John Schnatter announced plans to step down last month, passing the job to COO Steve Ritchie.
Domino’s has grown its share of the pizza-delivery market by roughly 1% every year since 2011.
