logo
Share SHARE
FONT-SIZE Plus   Neg

Domino's Pizza Names David Wild Interim Chief Executive

UK-based pizza delivery firm Domino's Pizza Group Plc. (DOM.L) Friday said it will appoint David Wild, currently senior non-executive director of the firm, as interim chief executive with immediate effect.

According to the company, Wild will be acting in an executive capacity for a temporary period until two months after a new chief executive is appointed.

The firm stated that the current CEO, Lance Batchelor, will work alongside Wild to effect a handover until March 16, when he will leave the company. Stephen Hemsley, non-executive chairman, will also work with David Wild during the interim period until the appointment of a new chief executive.

Further, the company said Michael Shallow will be reappointed as senior independent director with immediate effect, as Wild will be serving the company in the temporary executive role.

In addition, Domino's Pizza noted that Wild will temporarily relinquish his role as Chairman of the Remuneration Committee and John Hodson will reassume the role of Chair of Remuneration Committee until further notice.

The firm confirmed the appointment of Ebbe Jacobsen as a non-executive Director with immediate effect.

Earlier last month, Domino's Pizza announced that Batchelor has resigned from the position, as he has been offered a new role in a private equity backed company. At that time, Hemsley had said the company has begun the process to find a replacement for Batchelor.

Domino's Pizza is scheduled to announce its preliminary results for full-year 2013 on February 27.

DOM.L is currently trading at 536.9 pence, up 22.9 pence or 4.46 percent, on a volume of 223,128 shares on the LSE.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Uber Technologies Inc., the company behind the famous ride-sharing app, is expanding its pilot food delivery service program, UberEATS, to New York City and Chicago. Uber's new pilot program allows customers to order a meal that will be delivered to them within ten minutes. There is a $3 delivery... Standard Chartered said it is still reviewing whether to shift its headquarters out of London, at a time when banks in Britain face higher levy and regulatory costs. Tyson Foods Inc. (TSN) Tuesday said it plans to eliminate the use of human antibiotics from its chicken production, as the meat producing giant joins other peers who have taken similar steps in the wake of health concerns. Tyson Foods said it is striving to eliminate the use of antibiotics from its...
comments powered by Disqus
Follow RTT