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Domino's turnaround CEO to step down in June


By Lisa Baertlein(Reuters) - Domino's Pizza Inc said on Tuesday its chief executive, Patrick Doyle, will leave the biggest U.S. pizza delivery chain in June and would be replaced by Richard Allison, currently president of its international business.In after-market trading, shares in Domino's fell 2.8 percent to $201 following news of the pending departure of Doyle, who has been CEO since early 2010. He presided over a turnaround that improved the taste of the company's namesake product, invested in online ordering and promotions, and fuelled explosive share gains. Doyle in a statement said ...

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First Published: Wed, January 10 2018. 06:40 IST