Domino’s has continued its broad business personnel transition, confirming a major shift within its Japanese operations.
Domino’s has continued its broad business personnel transition, confirming a major shift within its Japanese operations.
Martin Steenks – who has been working as chief executive of Domino’s Japan – will become chief operating officer, while the global pizza chain’s Asia CEO Josh Kilimnik will take over as Japan CEO in an interim capacity.
Additionally, George Saoud will join Domino’s as the Group chief financial officer from late September, although his start date with the company on July 2.
Tuesday’s market update follows on from news back in February that Domino’s had posted a net loss of $22.2 million during the first six months of FY25, down from a profit of $58 million during the prior corresponding period.
The same month, Domino’s announced that it would be closing 205 of its “loss making” stores – 172 of which were in Japan, which had been unable to replicate sales success attained during the height of the COVID-19 pandemic.
On May 19, the pizza chain also announced longstanding Australia/New Zealand chief executive Kerri Hayman would end her 37-year tenure in August, while Greg Steenson was also appointed Australia COO.
Domino's last traded at $21.64, down 3 per cent, as of 9.52am AWST.
