Domino’s Pizza has announced that Andrew Rennie is stepping down as chief executive officer (CEO) and board director, effective immediately, “by mutual agreement.”
In light of this change, the Domino’s board has initiated a search process to identify a new CEO.
Rennie had been leading a strategic shift within the company, focusing on increasing fried chicken offerings as he assessed the pizza market to be at saturation.
Additionally, the company plans to reassess its capital allocation priorities and has placed a second brand acquisition on hold until the new CEO is appointed.
Nicola Frampton, currently Domino’s chief operations officer (COO), will take on the role of interim CEO and will also join the board.
Frampton is an independent non-executive director at Frasers Group and has previously served as managing director of UK Retail at William Hill, bringing valuable experience to her new position.
Ian Bull, chair at Domino’s Pizza Group, expressed gratitude, stating, “I would like to thank Andrew for his contribution to the business, including overseeing continued operational excellence and significant market share gains. We wish him well for the future.”
“Domino’s has an exceptional brand, a resilient business model and continues to gain market share, despite the challenging external environment. The board believes that there are a number of opportunities to drive further growth and value creation in Domino’s core business.”
“We are focused on identifying the right CEO to lead the disciplined execution of that growth strategy, alongside our incoming CFO and the wider leadership team, underpinned by a rigorous focus on shareholder returns.”
Furthermore, Bull thanked Frampton for agreeing to step in as interim CEO, adding, “She has a deep understanding of our business, our customers and stakeholders, and the market in which we operate. Nicola is well-placed to lead the company through this transitional period, with the support of the board and the wider Domino’s leadership team.”
Frampton also shared her enthusiasm, stating, “I look forward to working with the board and leadership team, as well as our colleagues and franchisees, to ensure that we continue to strengthen the business and deliver for customers in the months ahead.”
“We have a number of ongoing growth and performance initiatives that we will be focused on executing at pace, including enhancing our supply chain, delivering product innovations such as the system-wide launch of CHICK’N’DIP next year, and preparing for the rollout of our loyalty program in 2026.”
Rennie reflected on his tenure, stating, “I have been privileged to lead the DPG business over the last two years supported by a great team and world-class Franchisees. We have collectively delivered strong market share growth through operational excellence, product innovation, and a digital transformation. I wish the Domino’s team all the best for the future.”
Looking ahead, Andy Andrea will join Domino’s as CFO on 16 March 2026, while Richard Snow will continue to serve as interim CFO until then.
