Domino’s chief executive Don Meij is stepping down from the pizza business he helmed for 22 years, saying the time was right to step back and make way for new leadership.
He will be replaced by Mark van Dyck, a former Coca-Cola executive and current advisor to the board, who will start as chief executive on Wednesday following a global recruitment process.
Domino’s Pizza’s long-serving boss Don Meij has been replaced.
Meij said it had been an honour to be part of the business for 37 years and thanked the board and shareholders for their support.
“Domino’s really has been my life. When I started as a delivery driver in Redcliffe, Queensland, I never imagined I’d become CEO of a truly global company with more than $4 billion in sales,” he said in an ASX statement on Tuesday morning.
“I leave knowing that the business is well-positioned for an exciting new chapter. While this decision was not easy, it’s the right time for me to step back and for new leadership to guide the next era of growth.”
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Meij has been under pressure over the past year to turn around falling sales in some international markets such as Japan, Taiwan, Malaysia and France. In August, Meij departed the chief executive role of the Australian and New Zealand markets and was replaced by his sister, Kerri Hayman.
Domino’s chairman and Hungry Jacks founder, Jack Cowin, thanked Meij for his leadership on behalf of the board.
“Don has done an exceptional job of delivering positive outcomes for all our stakeholders, including franchise partners, shareholders and employees. He leaves an impressive legacy.”
