Domino's Pizza CEO steps down amid strategy shift

Domino’s Pizza has announced its chief executive Andrew Rennie has stepped down amid a wider shift in strategy for the brand.

Nicola Frampton, currently Domino’s chief operations officer, will lead the business on an interim basis while a permanent replacement is found.

Rennie’s departure comes as Domino’s looks to expand its offer to sell more fried chicken as well as pizza in a bid to boost flagging sales. It is trialling a Chick ‘N’ Dip offer of wings, tenders and boneless bites across 187 stores in England and Ireland before expanding it to over 1,000 UK locations.

Rennie joined Domino’s in 2023 after leading its wider European business, where he tripled its number of stores and more than quadrupled its revenue.

However, his tenure has not seen the same level of growth in the UK and Ireland, which saw underlying profits drop almost 15% to £43.7m in the first half of the year, while revenue was flat at £331.5m.

In September, he blamed weaker consumer confidence and the rising cost of employing staff for creating a “tougher” market for Domino’s and its franchisees.

Ian Bull, chair of Domino’s Pizza Group, said there were “a number of opportunities to drive further growth” in the business and the board was “focused on identifying the right chief executive to lead the disciplined execution of that growth strategy”.

The change in leadership comes following pressure from activist investors, who have urged Domino’s to pause any plans to acquire a second brand and return £100m to shareholders with a view to taking the business private.

Domino’s said it planned to review its capital allocation priorities once its new chief financial officer Andy Andrea joined the group in March 2026.

“The company does not envisage pursuing a second brand acquisition until the new chief executive is in place,” the group said in a statement.