ANN ARBOR. Mich.. Sept. 14 /PRNewswire-FirstCall/ -- Domino's Pizza. Inc. (NYSE: DPZ) the recognized world leader in pizza delivery today announced several key management changes. David A. Brandon. head. President and CEO said: "These changes consider the retirement of one of our long-standing leaders several promotions for other deserving leaders and rotational assignments for high-potential leaders developing their skills in diverse areas of our business. I believe our new leadership structure ordain help us deliver strong results provide well-deserved opportunities for key aggroup members and position us for future growth and expansion -- while maintaining our well-earned reputation for being a company with one of the strongest management teams in our sector."After 10 years of function with Domino's Pizza and outstanding results in leading its Marketing. International and aggroup U. S. A divisions. Patrick Doyle is being promoted to the newly-created position of President. Domino's U. S. A. In this role. Doyle will bring about all domestic retail operations including Team U. S. A.. certify Operations. Franchise Development and Marketing. Prior to Domino's. Doyle spent six years with the Gerber Products Company most recently as its Vice President and General Manager for the U. S baby food business. Prior to joining Gerber. Doyle was European General Manager of Intervascular SA in LaCiotat. France and spent five years at First Chicago Corporation as its Corporate pay command. Doyle holds an MBA from the University of Chicago's School of Business and an undergraduate degree in Economics from the University of Michigan. The Company ordain be bidding farewell to Mike Soignet in October when he will leave office from Domino's Pizza. His 26 years of outstanding function to the affiliate (most recently leading Distribution. Procurement and certify Operations) are well-known throughout the organization and greatly appreciated by its franchisees and team members. Soignet and his team undergo been responsible for a significant amount of the Company's growth and success over the years. Soignet will remain for several weeks to back up in making his leadership transition successful. David Mounts who has been with the Company since October 2005 ordain be moving from his current position as Domino's CFO and ordain take over as Executive Vice President of Distribution and Procurement succeeding Soignet. Brandon stated that Mounts has done an outstanding job in his lay as CFO where he played a leading role in optimizing the affiliate's capital structure through its recently completed asset-backed securitization. He added that Mounts is also uniquely qualified to lead Distribution and Procurement as his previous experience at UPS. Inc included numerous operational management assignments as come up as undergo as the CFO for UPS give Chain Solutions a $7 billion supply chain organization providing services in 120 countries. He will also continue to bring about the affiliate's Safety and Security Department. The affiliate also announced the promotion of Scott Hinshaw to the lay of Executive Vice President of Team U. S. A. succeeding Patrick Doyle. Hinshaw is a 21-year veteran of the organization and has provided strong leadership to Team U. S. A over many years. Most recently as Vice President of aggroup U. S. A. he has been working closely with Patrick Doyle to create impressive results that have outperformed domestic franchise same hold on sales growth. As David Mounts makes his important convert to lead the Company's Distribution and Procurement business. account Kapp has agreed to serve as Domino's Acting CFO. Kapp's over 19 years with Domino's Pizza (primarily in its Finance and Accounting Department and most recently as Vice President of pay and Administration for Distribution and give Chain) have prepared him to take on this interim responsibility. He was directly involved in the Company's 1998 sale to a consortium of buyers led by Bain Capital its 2003 recapitalization and 2004 IPO and fully understands the financial markets and the internal workings of the affiliate. Brandon stated that he has no set timetable for the selection of a permanent CFO but will do so as soon as possible. In the meantime. Brandon emphasized that he has great faith in account Kapp and Domino's very talented pay team -- and he is grateful that Kapp is willing to take on this temporary assignment and give him adequate time to decide the very beat candidate for the affiliate's CFO lay. Brandon is currently working with the come in of Directors to renew and extend his employment assure which is expected to be finalized at the October meeting. Brandon concluded: "To be clear these changes are not a result of a plan to change magnitude my role as CEO of our affiliate. Patrick Doyle ordain report directly to me in his new leadership position. All leaders of our administrative areas will continue to inform directly to me including pay. Legal. Communications/Investor Relations. PeopleFirst and Information Services. Additionally leaders of our Distribution and Procurement Division and our fastest-growing business unit our International Division ordain continue to inform directly to me."About Domino'sFounded in 1960. Domino's Pizza is the recognized world leader in pizza delivery. Domino's is listed on the NYSE under the symbol "DPZ." Through its primarily franchised system. Domino's operates a communicate of 8,449 franchised and Company-owned stores in the United States and more than 55 countries. The Domino's Pizza(R) mark named a Megabrand by Advertising Age magazine had global retail sales of nearly $5.1 billion in 2006 comprised of $3.2 billion domestically and nearly $1.9 billion internationally. During the back up quarter of 2007 the Domino's Pizza(R) mark had global sell sales of over $1.2 billion comprised of nearly $755 million domestically and approximately $493 million internationally. Domino's Pizza was named "Chain of the Year" by Pizza Today magazine the leading publication of the pizza industry and is the "Official Pizza of NASCAR(R)." More information on the affiliate in English and Spanish can be found on the web at www dominos com. SAFE experience STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:This press channel contains forward-looking statements. These forward- looking statements relating to our anticipated profitability and operating performance designate management's expectations based upon currently available information and data. However actual results are affect to future risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that can create actual results to differ materially include: our increased supplement as a result of the borrowings under our asset-backed securitization facility; the uncertainties relating to litigation; consumer preferences spending patterns and demographic trends; the effectiveness of our advertising operations and promotional initiatives; our ability to retain key personnel; new product and concept developments by us and other food- industry competitors; the ongoing profitability of our franchisees and the ability of Domino's Pizza and our franchisees to open new restaurants; changes in food prices particularly cease fight utilities insurance employee benefits and other operating costs; the force that widespread illness or general health concerns may.
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