Domino's Pizza Group PLC Directorate Change (6198Q)
June 29 2022 - 5:15AM
UK Regulatory
TIDMDOM
RNS Number : 6198Q
Domino's Pizza Group PLC
29 June 2022
29 June 2022
LEI: 213800Q6ZKHAOV48JL75
This announcement contains Inside Information
DOMINO'S PIZZA GROUP PLC
DIRECTORATE CHANGE
Domino's Pizza Group plc ("Domino's" or "the Group") announces
that Dominic Paul, Chief Executive Officer ("CEO"), has informed
the Board of his decision to leave the company to take up the role
of CEO of Whitbread PLC.
Since joining the Domino's board in May 2020, Dominic has
overseen a resolution of the longstanding dispute with franchisees
and navigated the challenges of the Covid-19 pandemic. He has built
a strong leadership team, delivered a robust financial performance
and put in place a clear strategy for future growth.
He will work his six months' contractual notice and leave in
December 2022. The Board is now initiating a process to identify
his successor and will provide an update in due course.
Domino's will report its interim results on 2 August 2022 and we
continue to expect FY22 underlying EBITDA and EPS to be in line
with current market expectations.
Matt Shattock, Chairman, said:
'Dominic has been an outstanding CEO of Domino's, and overseen
the transformational resolution with our world-class franchisees
which has given the business a strong platform for future growth.
He leaves with our thanks for his contribution to the company over
the past two years. The business has a clear strategy and an
excellent team, and I'm confident that with our franchisee
partners, we can execute on that strategy and deliver great value,
great service and great pizza to our customers in these uncertain
times.'
Dominic Paul, CEO, said:
'It has been a privilege to be CEO of Domino's, a company with a
powerful brand, brilliant team and superb franchisees. Returning to
Whitbread as CEO is the only job I would have left for at this
stage, and in the meantime, I'm looking forward to working closely
with everyone at Domino's over the next six months to ensure a
smooth transition. I'd like to thank Matt, the Board and all
Domino's franchisees and colleagues for the incredible support they
have given me, and wish the business every success for the
future.'
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014 as it forms part of domestic
law of the United Kingdom by virtue of the European Union
(Withdrawal) Act 2018, as amended (together, "MAR").
The person responsible for making this notification is Adrian
Bushnell, Company Secretary
Contacts
For Domino's Pizza Group plc:
Investor Relations
Will MacLaren, Head of Investor Relations +44 (0) 7443 192
118
Media:
Tim Danaher, Samantha Chiene - Brunswick +44 (0) 207 404
5959
About Domino's Pizza Group
Domino's Pizza Group plc is the UK's leading pizza brand and a
major player in the Irish market. We hold the master franchise
agreement to own, operate and franchise Domino's stores in the UK
and the Republic of Ireland, and have associate investments in
Germany and Luxembourg.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAGIGDLCXDDGDC
(END) Dow Jones Newswires
June 29, 2022 05:15 ET (09:15 GMT)
Domino's Pizza (LSE:DOM)
Historical Stock Chart
From Jul 2024 to Aug 2024
Domino's Pizza (LSE:DOM)
Historical Stock Chart
From Aug 2023 to Aug 2024