Don Meij Resigns as Domino's CEO

Don Meij, the long-serving CEO of Domino's Pizza Enterprises, is retiring after 22 years at the helm, marking the end of a nearly 40-year career with the company that began as a pizza delivery driver. Under his leadership, Domino's transformed from a mid-tier fast-food chain with 387 stores and $300 million in annual sales to a global leader with over 3,700 outlets generating $4 billion in sales. Mark van Dyck, a seasoned executive from Compass Group, has been appointed as his successor, effective November 6, 2024. This leadership transition comes amid challenges, including declining sales in markets like France and Japan, prompting a strategic reassessment within the company. Despite these hurdles, Domino's reported a 4.6% increase in network sales to $4.19 billion in FY24, showcasing resilience in core markets. Meij expressed gratitude for his tenure, emphasizing the honor of leading Domino's during its significant growth.