Domino’s Pizza Group appoints Matt Shattock to its Board of Directors as Chairman

– UK, West Ashland –  Domino’s Pizza Group (LON: DOM) today announced the appointment of Matt Shattock as a Director and Chairman with effect from 16 March 2020.

Mr Shattock will also be a member of the Remuneration Committee and Chairman of the Nomination Committee.

As previously announced, the Chairman’s appointment will be followed by that of a new CEO to replace David Wild, and a new CFO, following the tragic death of David Bauernfeind in December 2019. Matt will lead the processes to identify both these individuals, working with the Nomination Committee of the Board.

‘This is an important moment in the turnaround of Domino’s, and I am delighted to have secured a Chairman of Matt’s calibre. During what has been an extremely rigorous search process led by Usman and I, we have been clear that we need world-class leaders to take Domino’s to the next level and fulfil its enormous potential. In Matt, we believe we have found a Chairman who absolutely fits this description. He has extensive and highly relevant experience in the consumer sector, including B2B and B2C relationships, which will be crucial as Domino’s seeks to rebuild relationships with its franchisees and return to profitable growth.” said Ian Bull, Interim Chairman.

About Matt Shattock

Matt is a highly experienced executive who has operated at the highest level in the consumer sector for many years. He is currently non-executive Chairman of Beam Suntory Inc., a role he has held since April 2019. He first joined Beam Inc. in 2009 as President and CEO, leading its successful growth strategy and overseeing the integration of the Beam and Suntory spirits businesses as CEO of the combined group following Beam’s $16bn acquisition by Suntory Holdings Limited.

Prior to joining Beam, Matt held senior roles at Cadbury plc and Unilever. In addition to his role at Beam Suntory, he also serves on the boards of The Clorox Company and VF Corporation. Matt studied at Durham University and was a tank troop leader in the British army before entering the business.

Matt’s appointment is a crucial step in the evolution of Domino’s Board, following a number of significant appointments in 2019. These included Ian Bull as Senior Independent Director, as well as former Tim Hortons CEO Elias Diaz Sese and Browning West LP founder and Managing Partner Usman Nabi who were appointed Non-Executive Directors. All three have been involved in what has been an extensive global search to identify a world-class Chair capable of leading the business to achieve its full potential.

Matt Shattock said: “I couldn’t be more excited to be joining Domino’s as Chairman. This is a good business today but with its powerful brand and some of the best franchisees in the world, it has the potential to be an outstanding business. My priorities will be building the new executive leadership, while also getting out to know the business, meeting colleagues and engaging with our franchisees to build a constructive relationship. I firmly believe that by working together we can build an exciting and profitable future for our people, our franchisees and our shareholders.”

About Domino’s Pizza Group

Domino’s Pizza Group plc is the UK’s leading pizza brand and a major player in the Irish market. We hold the master franchise agreement to own, operate and franchise Domino’s stores in the UK, the Republic of Ireland, Switzerland and Liechtenstein. In addition, we have a controlling stake in the holders of the Domino’s master franchise agreements in Iceland, Norway and Sweden, as well as associate investments in Germany and Luxembourg.

For more information:

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.