Domino's names Joe Jordan as next CEO in planned succession

Domino's Pizza Inc. said Chief Operating Officer Joe Jordan will succeed Russell Weiner as chief executive officer on Oct. 1, capping a multi-year succession plan at the world's largest pizza chain.

"Joe is a proven leader whose experience spans virtually every aspect of our business," David Brandon, executive chairman, said. "After a thoughtful succession planning process, the board unanimously concluded that Joe is the right leader to serve as Domino's next CEO."

Jordan, 53, has spent nearly 15 years at Domino's in leadership roles spanning marketing, U.S. and international operations, technology and franchisee support. He oversaw the opening of more than 3,000 stores worldwide during his tenure and most recently led the relaunch of the company's loyalty and e-commerce platforms. His employment agreement includes an annual base salary of $925,000, a target bonus of 200% of that amount and a restricted stock unit grant valued at about $3 million that vests over five years.

Weiner, who joined Domino's in 2008 and became CEO in 2022, will transition to executive chairman designate on Oct. 1 and assume the executive chairman role after the company's 2027 annual shareholder meeting. During his tenure as CEO, Domino's added more than 3,200 net stores, increased global retail sales by nearly $3 billion and delivered close to a 30% increase in operating income. Brandon, who has served on the board for 28 years and was CEO from 1999 to 2010, will retire after the 2027 meeting.

The succession comes as Domino's operates more than 22,300 stores across over 90 markets with trailing four-quarter global retail sales exceeding $20.4 billion. The company generated more than 85% of U.S. retail sales through digital channels in 2025. For shareholders, the orderly internal transition with Weiner remaining on the board signals continuity in the "Hungry for MORE" strategy that has driven store growth and market share expansion. Investors will watch Jordan's first earnings call as CEO in late 2026 for any strategic shifts.

This article is for informational purposes only and does not constitute investment advice.