REG - Domino's Pizza Grp - CEO departure and succession

Dominos PizzaAnnouncement

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RNS Number : 8166I  Domino's Pizza Group PLC  25 November 2025

 

25th November 2025
                                                           LEI:
213800Q6ZKHAOV48JL75

Domino's Pizza Group PLC ("DPG")

CEO departure and succession

 

Domino's Pizza Group ("Domino's" or "DPG") announces that by mutual agreement
Andrew Rennie is stepping down as Chief Executive Officer (CEO) and as a Board
Director with immediate effect.

The Board has commenced a search process to identify a successor as CEO. Until
a permanent appointment is made, Nicola Frampton, currently Domino's Chief
Operations Officer (COO), will serve as Interim CEO and will join the Board.
Nicola is also an independent non-executive director of Frasers Group plc, and
her experience prior to Domino's includes serving as Managing Director of UK
Retail at William Hill.

 

Ian Bull, Chair, 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.

"We are grateful to Nicola Frampton for agreeing to step in as Interim CEO.
Nicola is a highly accomplished business leader with experience across both
executive and non-executive roles. 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."

 

Nicola Frampton, Interim CEO, Domino's Pizza Group, said:

"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."

 

Andrew 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."

As previously announced, Andy Andrea will join Domino's as Chief Financial
Officer (CFO) on 16 March 2026. Until then, Richard Snow continues as Interim
CFO.

Following Andy's arrival, the Company intends to review its capital allocation
priorities. The Company does not envisage pursuing a second brand acquisition
until the new CEO is in place.

The Company's planned Capital Markets Day on 9 December 2025 will be
rescheduled to a later date.

There is no change to Domino's previously announced FY25 outlook or profit
guidance.

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.

No further details require to be disclosed relating to the appointment of
Nicola Frampton under UK Listing Rule 6.4.8R

For further information, please contact:

Domino's Pizza Group plc:

Michael Barker, Director of Investor Relations - +44 (0) 7345 418 580

Brunswick:

Max McGahan / Emilia Smith - 020 7404 5959

 

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