The head of Domino's Pizza Group who indicated the United Kingdom might have reached pizza saturation while broadening the company into poultry items has been replaced after tensions with its governing body.
Andrew Rennie is departing after a brief tenure in the top role, and will be replaced on an interim basis by the organization's operations head, Frampton, while the pizza giant seeks a new leader.
Rennie, who served at Domino's for over 20 years, had sought to pivot the UK's leading pizza food delivery firm towards poultry-based products, stating recently there was not “significant expansion” left in the pizza sector in the UK. He observed poultry was the quickest rising food category in the international market.
Reports indicate that there was disagreement between the CEO and the governance team over his strategy and management style, although Domino's release said he was leaving “through mutual consent”.
In September, Domino's introduced its chicken-focused offering – which the former chief described as a “major strategic shift” for the organization – and is trialling it in select stores in the North West region and Northern Ireland.
While the business is still intending to launch it across its almost 1,400 stores in 2026 as planned, it views fried chicken as an addition to its primary pizza operations.
Bull, the company chair, commented: “The board believes that there are a number of opportunities to boost expansion and value creation in the main pizza segment. We are prioritizing finding the right chief executive to oversee the systematic rollout of that expansion plan.”
Recently, the pizza delivery giant, which has a substantial customer base in the British Isles, said sales dipped by 1.5% in the Q3. In the summer, it warned that the takeaway market had “become tougher” as it attributed reduced spending in the period before the budget and rising wage costs for weaker-than-expected sales and a 15 percent decline in interim earnings.
Competitors are also struggling. Another major chain revealed the closure of 68 restaurants a recently, after the company behind its outlets fell into administration.
Responding to consumer trends towards better nutrition, the company has launched reduced-calorie options, such as its thin-crust line of bakes below 400 calories as well as meat-free and allergy-friendly pizzas. A big pepperoni bake has over 2,300 kcal. A large cheese and tomato pizza has 2,171, while a small has 909 kcal.
The interim chief has been with the company since 2021, and was formerly with the betting firm a well-known operator. It is thought that she does not want to occupy the CEO position permanently.
She commented: “Our team has a number of ongoing development and performance initiatives that we will be focused on executing at pace.”
She added these involved ongoing development on the company's supply chain and new item creation, and its rewards program.
The pizza chain is also lacking a permanent CFO until the spring, when a new appointee starts from the drinks company C&C Group. Until then, Richard Snow acts as temporary CFO.
Lena is a seasoned sports analyst with over a decade of experience in betting strategies and statistical modeling.
News
News
News
News
Stephanie Roberts
Stephanie Roberts
Stephanie Roberts
Stephanie Roberts