DIRECTORATE CHANGE

DIRECTORATE CHANGE AND CHANGE OF NON EXECUTIVE DIRECTOR ROLES

 

Domino’s Pizza Group plc (“Domino’s” or the “Company”) today announces that David Wild, currently the Senior Non-Executive Director of the Company, will be appointed as Interim Chief Executive with immediate effect, acting in an Executive capacity for a temporary period until two months after a new Chief Executive is appointed. 

Lance Batchelor, the current CEO, will work alongside David to effect a handover until 16 March 2014 when he will leave Domino’s. 

Stephen Hemsley, Non-Executive Chairman, will work with David, dedicating additional time as necessary during the interim period until a new Chief Executive is appointed to support to the business.

In recognition of the temporary Executive role for David, Michael Shallow will be reappointed the Senior Independent Director with immediate effect.

In addition, for the same reason, David 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 Board are also delighted to confirm the appointment of Ebbe Jacobsen as a Non-Executive Director with immediate effect.  Ebbe is a Danish national living in Belgium who has wide experience of operating in Germany and other European countries, most recently with Delsey. He has been in retail all his life and has pan-EU retail knowledge with significant experience in franchising, multi-site and single brand retail. He pioneered the introduction of US fast food, Burger King, into the Nordics in 1975 and held the position of Director and Operating Partner when the franchise was sold in 1985.  Other significant retail experience includes having been CEO of IKEA in Germany, CEO of Delsey and as CEO of Habitat. 

In accordance with L.R. 9.6.15, the Company confirms that no further information is required to be disclosed in respect of Ebbe Jacobsen pursuant to L.R. 9.6.13.

Given the changes to the Board and in recognition of a diary clash, the preliminary results for 2013 will now be announced on Thursday 27 February 2014.  

The Company’s Annual General Meeting will be held on Wednesday 2nd April 2014.

 

Stephen Hemsley, Non Executive Chairman, commented: “I am delighted that David has agreed to step in as Interim Chief Executive whilst we continue our search for a permanent replacement. Since joining as a Non-Exec in November, he has quickly got to grips with the business and I look forward to working with him over the coming months as we continue to progress the Group’s exciting growth plans.” 

Enquiries:

Domino's Pizza Group plc

Stephen Hemsley                                                                                                            01908 580604

Chairman

David Wild                                                                                                                        01908 580604

Interim Chief Executive

MHP Communications

Tim McCall, Simon Hockridge                                                                                      020 3128 8791

Numis Securities Limited

David Poutney, James Serjeant                                                                                 020 7260 1000

-ENDS-

Notes to Editors:

Domino's Pizza Group plc is the leading player in the fast-growing pizza delivery market and holds the exclusive master franchise to own, operate and franchise Domino's Pizza stores in the UK, Republic of Ireland, Germany, Switzerland, Liechtenstein and Luxembourg. The first UK store opened in Luton in 1985 and the first Irish store opened in 1991. In April 2011, the Group acquired a majority stake in the exclusive master franchise to own, operate and franchise Domino's Pizza stores in Germany. In September 2012, the Group acquired the master franchise for Switzerland, Luxembourg and Liechtenstein and an option to open stores in Austria prior to the end of 2014.

As at 29th December 2013, there were 858 stores in the UK, Republic of Ireland, Germany and Switzerland. Of these, 663 stores were in England, 56 were in Scotland, 33 were in Wales, 21 were in Northern Ireland, one was on the Isle of Man, three were mobile units, 48 were in the Republic of Ireland, 23 were in Germany and 10 were in Switzerland.

Founded in 1960, Domino's Pizza is one of the world's leading pizza delivery brands. Through its primarily franchised system, Domino's Pizza operates a global network of more than 10,000 Domino's Pizza stores in 73 international markets. Domino's Pizza has a singular focus - the home delivery of pizza, freshly made to order with high quality ingredients.

Customers in the UK can order online at www.dominos.co.uk, in the Republic of Ireland at www.dominos.ie, in Germany at www.dominos.de and in Switzerland at www.dominos.ch . In addition, mobile customers can order by downloading Domino's free iPhone, iPad and Android apps.

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