LONDON – Domino’s Pizza Group (DPG.L), the master franchise for the pizza delivery chain in the UK and Ireland, said on Monday that Chief Executive Officer Andrew Rennie had stepped down with immediate effect by mutual agreement.
The board has begun a search for a permanent successor, the company said in a statement. In the interim, Chief Operations Officer Nicola Frampton will take the helm as Interim CEO and join the board.
The sudden change at the top comes despite the company reporting strong market share gains under Rennie’s two-year leadership. Chair Ian Bull thanked Rennie for his contribution but signalled a desire for a new direction.
“Domino’s has an exceptional brand, a resilient business model and continues to gain market share, despite the challenging external environment,” Bull said. “The Board believes that there are a number of opportunities to drive further growth and value creation in Domino’s core business.”
He added that the company is focused on finding the right CEO to lead “disciplined execution” of its growth strategy.
Frampton, who is also an independent non-executive director at Frasers Group (FRAS.L), brings experience from her previous role as Managing Director of UK Retail at William Hill. The board expressed confidence in her ability to lead during the transition.
In her statement, Frampton pointed to ongoing initiatives, including supply chain enhancements, product innovation like the upcoming system-wide launch of CHICK’N’DIP, and preparing for a loyalty program rollout in 2026.
The leadership shuffle also delays other corporate plans. The company said it does not envisage pursuing a second brand acquisition until a new CEO is in place and has postponed a Capital Markets Day scheduled for Dec. 9, 2025.
There was no change to the company’s full-year 2025 outlook or profit guidance.
Andy Andrea is still scheduled to join as Chief Financial Officer on March 16, 2026, at which point the company intends to review its capital allocation priorities.