Domino’s CEO Patrick Doyle to depart after eight years in charge

Industry
10/01/2018 - 09:17
President and chief executive of Domino’s Pizza Inc., Patrick Doyle, has announced that he will leave the company in July 2018 after eight years at its helm.

Richard Allison, the current president of Domino’s International, has been announced as Doyle’s successor.

Doyle, who joined the company in 1997, said: “One of the great honours and opportunities of my professional life was being named CEO of this incredible brand in early 2010.

"At that time, I set three goals for myself: I wanted us to become the number one pizza company in the world; I wanted Domino's to provide our franchisees with the best possible return on their investment by creating a dramatically better experience for our customers; and I wanted to have a leadership team in place that would be ready to create even better results into the future.

“I'm proud to say that we've accomplished all of those goals, and I will leave Domino's knowing that it is in great hands."

Allison, who joined the company in 2011, will official take charge of the group on 1 July.

In his current role as president of Domino's International, Allison currently oversees more than 9,000 stores and all franchise relationships outside the United States.

He said: "I am honoured and humbled by this opportunity, as well as the trust and faith the board of directors has in me to lead this incredible global brand.

"Patrick Doyle inspired us with the vision to become the world's market share leader in pizza, and we've done that.

“Now, we're looking to continue accelerating our growth with the support of our tremendous franchisees, managers and team members the world over. We want to become the dominant player in pizza everywhere in the world. I can't wait to get started."

In another change to its senior management team, Russell Weiner, currently serving as president – Domino's USA, will take over in the newly-created role of chief operating officer of Domino's and president of the Americas, also on 1 July.

"Joining Domino's as CMO in 2008 was the thrill of a lifetime for me," Weiner said. "We had an opportunity to take a 'legacy' brand that was almost 50 years old and make it fresh again.

“Any marketer would love to have that chance. But then to become president of the U.S. business and now, to serve as chief operating officer and to lead the Americas, is an honour that is difficult to describe. I'm looking forward to working closely with Ritch as we set our sights even higher than ever."

Founded in 1960, Domino’s Pizza’s global enterprise is made up of more than 14,400 stores in over 85 international markets.

The group reported global retail sales of nearly $10.9 billion in 2016, with around $5.3 billion in the US and $5.5 billion internationally.

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