– NETHERLANDS, Amsterdam – DP Eurasia N.V. (LON: DPEU), the master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan, and Georgia, today announced the appointment of current Independent Non-Executive Director Ahmet Ashaboğlu as Chairman of the Board of Directors at the 2023 AGM, replacing Peter Williams who will not stand for re-election.
About Ahmet Ashaboğlu
Mr. Ashaboğlu holds a Bachelor of Science from Tufts University and a Master of Science from Massachusetts Institute of Technology, both in Mechanical Engineering. He began his career as a Research Assistant at MIT in 1994 and held various positions in capital markets within UBS Warburg, New York (1996-1999). After serving as a management consultant at McKinsey & Company, New York (1999-2003), he moved back to Turkey and joined Koc Holding as Finance Group Coordinator in 2003. He was appointed Group Chief Financial Officer in 2006, serving until April 2022. He is currently a Board Director at Mavi, Yapi Kredi Bank, Hepsiburada (NASDAQ), Koc Financial Services, Koc Finansman, and Sirena Marine.
Ahmet Ashaboğlu said: “I would like to thank Peter for his work over the last six years and am pleased to be taking up the role, pending re-appointment, of Chairman of DP Eurasia at this pivotal time. Since joining in September, I have thoroughly enjoyed getting to know the business. I have been impressed with the resilience of its performance through significant inflationary challenges in the Turkish economy. I firmly believe that we have an opportunity to drive sustainable and profitable growth and create an exciting future for the benefit of our people, our franchisees, and our shareholders, as well as the customers and communities we are privileged to serve.”
About DP Eurasia N.V.
DP Eurasia N.V. is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan, and Georgia. The Company was admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc on 3 July 2017. The Company (together with its subsidiaries, the “Group”) is the largest pizza delivery company in Turkey and the third largest in Russia. The Group offers pizza delivery and takeaway/ eat-in facilities at its 830 stores (655 in Turkey, 159 in Russia, 10 in Azerbaijan, and 6 in Georgia as of 31 December 2022). It operates through its owned corporate stores (18%) and franchised stores (82%). In addition to its pizza delivery business, the Group also has its coffee brand, COFFY, which trades from 29 stores at period-end, 19 of which are franchised. The Group maintains a strategic balance between corporate and franchised stores, establishing networks of corporate stores in its most densely populated areas to provide a development platform upon which to promote best practices and maximize profitability. The Group has adapted Domino’s Pizza’s globally proven business model to its local markets.
For more information: https://www.dpeurasia.com/
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