Get the door, it’s…David Mounts?
On Friday, Domino’s Pizza Inc (DPZ) announced that David Mounts was going to be replacing Mike Soignet, starting September 17th. Mike Soignet, who is vice president of distribution and procurement, has been with Domino’s over twenty years, will officially retire in October.
As of yet, there hasn’t been a replacement found for David Mounts, who is the current chief financial officer. Mounts was chosen for the promotion largely in part to his experience in the supply chain division at UPS Inc. Until a replacement for Mounts can be found, Bill Kapp will be standing in as acting chief financial officer. David Brandon, President and Chief Executive, is currently working to extend and renew his own employment contract. Everyone is certain that this transition will be finalized before the beginning of November.
In other Domino’s Pizza news, a new position has been created and filled, starting September 17th. The company has announced that the naming of Patrick Doyle as president of the United States division.
So, no matter how you like your pizza: ultimate deep dish, classic hand tossed, Brooklyn style, or crunchy thin crust, you will be happy to know that, thanks to the recent changes in Domino’s Pizza, the stock closed at +.13 on September 14th. No matter who is running Domino’s, you can be sure that your pizza will continue to be delivered hot and fresh in thirty minutes or less.
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