Domino’s Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, announced today that Jeffrey D. Lawrence, Executive Vice President & Chief Financial Officer, has announced his decision to retire from Domino’s after more than 20 years of service. He has served in his current role for the last five years. Mr. Lawrence has agreed to continue serving as CFO until the company identifies his successor. Once a successor is named, he will step down from his role and will serve as an advisor to Domino’s Chief Executive Officer Ritch Allison until the end of 2020.
Allison commented: “Jeff has been a trusted teammate for more than two decades at Domino’s and has been a key contributor to the success of our global brand. As our CFO, he has an outstanding track record of creating strategic value for our great system. Jeff’s career accomplishments speak for themselves. I join the entire Domino’s global community in celebrating his career and wish him all the best.”
Lawrence added: “Wow. What a ride! To be able to be part of the Domino’s growth story over the past two decades has been a dream come true. Domino’s is about opportunity, and the constant opportunities I’ve had to learn, grow and lead have been simply amazing. From a lead role in our IPO, to partnering with our U.S. and International franchisees to get to #1, to helping shape our digital transformation over the past decade…I’ve had the chance to work with amazing people to sell more pizza and have more fun! I am truly thankful for having had the opportunity to serve this great brand for so long and thank the Board, Ritch and his leadership team, my team and, most importantly, the franchisees and front-line team members who are the heart of Domino’s. Being in the stores is what I will miss the most! After taking some time off with my family, I will move on to my next adventure forever proud of what we’ve all built together.”
Founded in 1960, Domino’s Pizza is the largest pizza company in the world based on retail sales, with a significant business in both delivery and carryout pizza. It ranks among the world’s top public restaurant brands with a global enterprise of more than 17,100 stores in over 90 markets. Domino’s had global retail sales of over $14.3 billion in 2019, with over $7.0 billion in the U.S. and nearly $7.3 billion internationally.
