Domino's chairman and CEO steps down

6th January 2010, 10:14am

Domino's Pizza has announced that chairman and chief executive officer (CEO) David Brandon will be stepping down as CEO from March 7.

The Board of directors plans to elect Patrick Doyle to take over Brandon's position.

Brandon will be retained by the company as a special advisor for the balance of 2010. In addition, he will stand for re-election to the Board when his current term expires in 2012.

Under Brandon's leadership, Domino's has grown worldwide store count by more than 2,600 sites. Brandon joined Domino's in March 1999, soon after the company was sold by its founder owner to Bain Capital. Since then, the Company's enterprise value has doubled to over

Brandon commented on the move: "It has been an honor and a privilege to lead Domino's Pizza for the past 11 years. My leadership team, our team members and franchisees are the very best in this - or any - business. 

"I will continue to stay connected to this great brand and company as Chairman of the Board, and I am confident that, under Patrick's leadership, Domino's Pizza will continue to grow and succeed. This company's best days still lie ahead."

He added: "Patrick Doyle has been a rising star at Domino's Pizza from the beginning. He has had numerous leadership successes at Domino's and has long been identified as the best choice to be my successor. 

"I look forward to continuing our close working relationship during this transition year. Our company is in great hands with Patrick. He's a strategic, proven and effective leader, a passionate operator, and loves Domino's Pizza as much as I do."

Related Articles:

• 15 Aug 2011 - Domino’s introduces gourmet pizza range
• 15 Feb 2011 - Pizza Delivery Domino's opens over 40 sites on Britain's motorways
• 11 Oct 2010 - Domino's Pizza celebrates its silver anniversary
• 24 Apr 2009 - Snow helps Domino's Pizza sales increase
• 01 Oct 2008 - Domino's profits bite into credit crunch
• 30 Nov 2007 - Domino's Pizza hits £1m mark in online sales
• 01 Nov 2007 - Domino's says pizza prices are set to rise
• 27 Jul 2007 - Union accuses Domino's pizza of exploitation
• 24 Jul 2007 - Domino's silver lining

Click here to submit a comment!

Have your say!

To comment on this article, simply enter your name and email and send us your views. Please note that your comment will appear publicly below this article once it has been processed. For enquiries please email info@eatoutmagazine.co.uk.