Domino’s CEO steps down by “mutual agreement”

Andrew Rennie is stepping down “by mutual agreement” as Chief Executive Officer (CEO) and as a Board Director with immediate effect
Andrew Rennie is stepping down as Chief Executive Officer. (Getty Images)

Domino’s is the latest company to reveal its chief executive is stepping down.

The pizza company said that Andrew Rennie is stepping down “by mutual agreement” as chief executive officer (CEO) and as a board director with immediate effect

The Domino’s board said it has commenced a search process to identify a successor as CEO.

Rennie had been spearheading a change in strategy at the company and was looking to offer more fried chicken as he believed that the pizza market was at saturation.

The company intends to review its capital allocation priorities and has put a second brand acquisition on hold until the new CEO is in place.

Nicola Frampton, currently Domino’s chief operations officer (COO), will serve as interim CEO and will join the board.

Frampton is also an independent non-executive director of Frasers Group, and her experience prior to Domino’s includes serving as managing director of UK Retail at William Hill.

Ian Bull, chair at Domino’s Pizza Group, said: “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, and underpinned by a rigorous focus on shareholder returns.”

He added that he is grateful to Frampton for agreeing to step in as interim CEO.

“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, as we continue to execute on our strategic and operational priorities,” he said.

Frampton added: “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. These include the continued enhancement of our supply chain, delivering further product innovation including the system-wide launch of CHICK’N’DIP next year, and preparing for the rollout of our loyalty program in 2026.”

Rennie said: “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.”

Andy Andrea will join Domino’s as CFO on 16 March 2026. Until then, Richard Snow continues as interim CFO.