
Domino's CEO Andrew Rennie resigns amid market challenges
Domino's CEO Andrew Rennie resigns amid market challenges
- Andrew Rennie has resigned as CEO of Domino's Pizza Group amidst strategic shifts.
- The company has launched a new chicken sub-brand to address declining pizza sales.
- Leadership changes are aimed at driving growth and responding to market challenges.
Story
In the UK, the leadership of Domino's Pizza Group has experienced a significant change as Andrew Rennie resigned from his position as chief executive effective immediately. This decision comes amid ongoing strategic shifts within the company, particularly towards less reliance on the traditional core pizza business. Rennie's sudden departure follows his recent remarks about the UK pizza market approaching saturation, indicating limited growth opportunities in the sector. His comments were made to the Financial Times, where he stated that the market lacked 'massive growth.' In September 2025, under Rennie's leadership, Domino's initiated a new sub-brand called Chick 'N' Dip, aimed at capturing the rising demand for chicken in the UK market. This sub-brand quickly expanded to around 200 locations and is set to be launched more widely across the company’s operations next year. However, friction arose between Rennie and the company's board regarding his strategic focus, which seemed to diverge from the board’s emphasis on enhancing the core pizza business. The chairman, Ian Bull, expressed a belief in the potential for driving further growth and value creation in Domino’s primary offerings. As sales of pizzas declined over the past three months due to price inflation impacting consumer demand, other competitors within the UK pizza sector also faced struggles. Pizza Hut recently closed 68 locations after one of its franchisees went into administration. Meanwhile, shares of Domino's have fallen by 14% over the past year, emphasizing the challenges the company is facing. In his farewell comments, Rennie reflected on his tenure, highlighting achievements in market share growth, operational excellence, and transforming their digital landscape. Following Rennie’s exit, the current chief operations officer, Nicola Frampton, has been appointed to take on the role of interim chief executive. She expressed her excitement about collaborating with the board and the leadership team to continue progressing the company and fulfilling customer needs. Frampton mentioned ongoing initiatives focusing on supply chain enhancements, product innovation, and preparing for the future rollout of a loyalty program in 2026. This leadership transition marks an important moment for Domino's as it confronts an evolving market landscape and seeks new directions for growth and profitability.