(Alliance News) - Domino's Pizza Group PLC on Tuesday appointed its Non-Executive Director Elias Diaz Sese as interim chief executive officer.
Sese will succeed Dominic Paul as CEO of the Buckinghamshire-based pizza delivery chain from October 10. Paul has been CEO of Domino's since May 2020.
Back in June, Paul announced that he will be joining Whitbread PLC in January 2023, replacing Alison Brittain.
Outgoing Whitbread boss Brittain joined the Premier Inn owner in 2015, becoming the sixth female CEO of a FTSE 100-listed company.
Sese has been a non-executive director of Domino's since 2019, so "is already familiar with the direction of the group, its franchisees and its management team."
Domino's also said that he brings over 20 years' experience from leadership roles in consumer food brands and franchise businesses.
Most recently, Sese was president Northern Europe at Kraft Heinz Co. Prior to that, he held various leadership roles with Restaurant Brands International Inc, including CEO of Tim Hortons Inc and president Asia Pacific of Burger King Ltd.
Domino's added that it will release a third quarter trading update on November 10.
Chair Matt Shattock said: "Elias is very familiar with our sector given that he has held leadership roles in a number of major consumer food brands and has experience of being a franchisee himself.
"Elias has a deep understanding of the Domino's business, has built strong relationships with the management team and franchisees and holds a significant personal shareholding in the group," Shattock continued.
Shares in Domino's were down 2.3% to 230.60 pence each in London on Tuesday morning.
By Sophie Rose; sophierose@alliancenews.com
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