After Domino’s Pizza’s first-quarter gross sales fell far under projections, the world’s largest pizza chain named a brand new CEO with the hopes of turning issues round for the higher.
In a Monday press release, the corporate named Joe Jordan, the present COO and president of Domino’s U.S., as CEO efficient Oct. 1. Domino’s present CEO, Russell Weiner, will grow to be government chairman.
Jordan has held varied government roles throughout marketing, innovation and different features throughout his 15 years at Domino’s. Most just lately, Jordan was acknowledged for main the relaunch of Domino’s loyalty and e-commerce platforms, and the launch of its world digital market partnerships. In keeping with Reuters, a regulatory submitting reveals that Jordan’s annual base wage can be $925,000, with eligibility for a goal annual bonus of 200% of his base pay.
“Joe is a confirmed chief whose expertise spans just about each side of our enterprise,” stated Domino’s present government chairman, David Brandon. “After a considerate succession planning course of, the Board unanimously concluded that Joe is the suitable chief to function Domino’s subsequent CEO.”
“He embodies Domino’s tradition of creating leaders from inside, has earned the belief of franchisees throughout our world system and is uniquely certified to information the Firm via its subsequent section of development,” Brandon added.
A December 2025 report from world management consulting agency Spencer Stuart confirmed that 60% of S&P 500 corporations employed C-suite leaders from inside the group, and 76% of CEOs and 80% of COOs had been inner hires—a sample seen at Domino’s, whose former CEO Weiner was additionally previously COO. Jordan’s deep familiarity with the franchise’s client base may very well be what it must succeed—or maybe Domino’s finally wants a extra disruptive exterior voice to reverse its slide.
With rising labor and ingredient prices and competitors from supply service apps like DoorDash, Domino’s competing legacy pizza chains have struggled, too.
Papa Johns and Pizza Hut have each skilled quarter-over-quarter drops in U.S. gross sales. Final week, Pizza Hut was offered to personal fairness agency LongRange Capital and Yum China for $2.7 billion. Papa Johns additionally just lately introduced it could shut almost 300 underperforming areas via the top of 2027. Even fast-casual and dine-in pizza chains have seen a dip in gross sales and shuttered areas as a result of a closely over-saturated market.
(No phrase but on if it will have any impact on Domino’s beloved order tracker.)
