UK’s Domino's Pizza CEO steps down as strategy shift takes hold
The move comes as the chain broadens its focus beyond core pizzas to drive growth in a tough market
Add BT as a preferred source
[LONDON] Britain’s Domino’s Pizza Group said on Tuesday (Nov 25) that its CEO Andrew Rennie had stepped down, and would be replaced by chief operations officer Nicola Frampton, on an interim basis.
The move comes at a time when the pizza chain operator is broadening its focus beyond its core pizzas to drive growth in a challenging market. Domino’s UK is tapping into the fast-growing market of chicken products and healthier options for pizzas.
The company also named a new finance chief in September, joining a growing list of global retail companies changing leaders to better operate in an uncertain economy marred by tariff troubles and a choppy consumer spending backdrop.
It intends to review its capital allocation priorities following the arrival of incoming CFO Andrew Andrea.
Earlier this month, Domino’s UK warned that weak demand is likely to weigh on orders into 2026.
The company said its board has commenced a search process to identify a successor for Rennie and has postponed its December capital markets day to a later date. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore banks may need to address indirect exposure to captive coal in their financing policies
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Indonesia bets on creative economy, IP for growth amid rising global competition
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
