Domino’s (DPZ) sets CEO succession as Joe Jordan to replace Russell Weiner
Rhea-AI Filing Summary
Domino’s Pizza, Inc. is implementing a planned leadership transition. Joe Jordan, currently Chief Operating Officer and President – Domino’s U.S., will become Chief Executive Officer and join the Board effective October 1, 2026, when he will be designated the company’s principal executive officer. Russell Weiner will retire as CEO on September 30, 2026, become Executive Chairman Designate on October 1, 2026, and is expected to serve as Executive Chairman after the 2027 annual shareholder meeting. David Brandon, Executive Chairman, will retire from the Board and not stand for re-election in 2027, concluding 28 years of service. The company highlights Jordan’s 15 years of leadership roles across marketing, U.S. and international operations, technology and franchisee support, and notes Domino’s global system of more than 22,300 stores in over 90 markets with trailing four-quarter global retail sales over $20.4 billion as of March 22, 2026.
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Insights
Planned, internal CEO succession with clear timelines and continued board continuity.
Domino’s outlines a structured CEO succession in which long-time executive Joe Jordan becomes CEO on October 1, 2026, while current CEO Russell Weiner transitions to Executive Chairman after the 2027 shareholder meeting. This reflects a deliberate, multi-year planning process.
Jordan has held senior roles across U.S. and international operations, marketing and technology since 2011, which may support operational continuity for a system exceeding 22,300 stores in more than 90 markets. The board also plans for Brandon’s retirement after 28 years, balancing renewal with Weiner’s ongoing involvement.
There is no new financial guidance in this update; the significance lies in leadership continuity at a company that generated over $20.4 billion in global retail sales in the trailing four quarters ended March 22, 2026. Future company filings will show how strategic priorities evolve under Jordan’s leadership.
8-K Event Classification
Key Figures
Key Terms
Executive Chairman financial
succession planning process financial
global retail sales financial
digital channels financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Transition of Russell J. Weiner to Board Executive Chairman; Retirement of David A. Brandon; Appointment of Joseph H. Jordan as Chief Executive Officer
On June 17, 2026, Russell J. Weiner informed Domino’s Pizza, Inc. (the “Company”) that he will retire as the Company’s Chief Executive Officer effective at 11:59 p.m. ET on September 30, 2026. In connection with the foregoing, Mr. Weiner will assume the role of Executive Chairman Designate of the Board of Directors of the Company (the “Board”), and, subject to his re-election to the Board by the Company’s shareholders at the 2027 annual meeting of shareholders (which is currently expected to occur on or about April 27, 2027), will thereafter serve as Executive Chairman of the Board.
In connection with the foregoing transition, David A. Brandon has informed the Company that he will not stand for re-election to the Board at the Company’s 2027 annual meeting of shareholders and will retire from the Board and his employment with the Company effective as of the expiration of his current term on or about April 27, 2027. In connection with his retirement, Mr. Brandon will cease serving as Executive Chairman effective immediately prior to the commencement of the Company’s 2027 annual meeting of shareholders.
On June 19, 2026, the Board appointed Joseph H. Jordan, age 53, to serve as the Company’s next Chief Executive Officer and as a director on the Board, effective at 12:00 a.m. ET on October 1, 2026, at which time Mr. Jordan will be designated as the Company’s principal executive officer. Mr. Jordan has served as the Company’s Chief Operating Officer and President – Domino’s U.S. since March 2025. In this role, Mr. Jordan has overseen the Company’s domestic operations and marketing, as well as global services, including technology. Mr. Jordan has been with the Company since 2011 and has served in a number of leadership positions, including President – U.S. and Global Services from May 2022 to March 2025, Executive Vice President – International from April 2018 to April 2022, and Senior Vice President and Chief Marketing Officer from May 2015 to April 2018. Prior to joining the Company, Mr. Jordan served as Senior Director of Marketing at PepsiCo North America. He also held marketing roles at Philips Electronics and Unilever and was previously a consultant with Accenture.
On June 19, 2026, the Company entered into an employment agreement with Mr. Jordan (the “Jordan Employment Agreement”) that will become effective on October 1, 2026. The Jordan Employment Agreement provides for, among other things:
| • | an annual base salary of $925,000; |
| • | a target annual incentive bonus opportunity of 200% of his base salary under the terms of the Domino’s Pizza Senior Executive Annual Incentive Plan; and |
| • | eligibility to receive annual equity awards under the Domino’s Pizza, Inc. 2004 Equity Incentive Plan, as amended (the “EIP”), at target levels to be determined by the Compensation and Human Capital Committee of the Board, as well as a grant of restricted stock units (“RSUs”) with a target value of approximately $3,000,000 to be granted under the EIP in connection with his promotion, which RSUs will vest on an annual basis over five years from the date of grant, generally subject to Mr. Jordan’s continued employment. |
In connection with Mr. Jordan’s appointment as the Company’s next Chief Executive Officer, the terms of his existing and future equity awards granted under the EIP were modified to increase the age threshold from 55 to employment with the Company through December 31, 2031 for purposes of eligibility for the retirement vesting provisions contained in his equity awards if Mr. Jordan terminates his employment with the Company without good reason. Mr. Jordan will still qualify for these retirement vesting provisions if his employment with the Company is terminated as a result of his death or disability, is terminated by the Company without cause or is terminated by Mr. Jordan for good reason at a time when he has attained at least age 55. The terms and conditions of all issued and outstanding equity awards previously granted to Mr. Jordan under the EIP will otherwise remain unchanged and in full force and effect. Mr. Jordan will also be entitled to use of aircraft in accordance with the terms of the Jordan Employment Agreement.
On June 19, 2026, the Company entered into a letter agreement with Mr. Weiner (the “Weiner Letter Agreement”) providing for his continued employment and compensation in connection with the transition described above and in his role as Executive Chairman. The Weiner Letter Agreement provides for, among other things:
| • | continued compensation and benefits during the transition period; |
| • | ongoing eligibility for incentive compensation and equity awards, subject to the terms set forth therein; and |
| • | post-employment lifetime medical coverage. |
Additional Information
The foregoing descriptions of the Jordan Employment Agreement and the Weiner Letter Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of such agreements, copies of which are attached hereto as exhibits and incorporated herein by reference.
| Item 7.01 | Other Events. |
On June 22, 2026, the Company issued a press release relating to the matters described above in Item 5.02. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 7.01 of Form 8-K and Exhibit 99.1 attached hereto are being furnished pursuant to Item 7.01 of Form 8-K and therefore shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934.
Forward-Looking Statements
Statements in this report that are not strictly historical in nature constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve significant risks and uncertainties and you should not place considerable reliance on such statements. Important factors that could cause actual results to differ materially from our expectations are more fully described in our filings with the Securities and Exchange Commission, including under the section headed “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 28, 2025. All forward-looking statements speak only as of the date hereof and should be evaluated with an understanding of their inherent uncertainty. Except as required under federal securities laws and the rules and regulations of the Securities and Exchange Commission, or other applicable law, we will not undertake, and specifically disclaim, any obligation to publicly update or revise any forward-looking statements to reflect events or circumstances arising after the date hereof, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on the forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us. All forward-looking statements are qualified in their entirety by this cautionary statement.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit Number |
Description | |
| 10.1 | Employment Agreement dated as of June 19, 2026 by and between Domino’s Pizza, Inc. and Joseph H. Jordan. | |
| 10.2 | Letter Agreement dated as of June 19, 2026 by and between Domino’s Pizza, Inc. and Russell J. Weiner. | |
| 99.1 | Domino’s Pizza, Inc. press release, dated June 22, 2026. | |
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DOMINO’S PIZZA, INC. | ||||||
| (Registrant) | ||||||
| Date: June 22, 2026 | /s/ Ryan K. Mulally | |||||
| Name: | Ryan K. Mulally | |||||
| Title: | Executive Vice President, General Counsel and Corporate Secretary | |||||
Exhibit 99.1
| Media Relations Contact: Jenny Fouracre 734-930-3620 jenny.fouracre@dominos.com |
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FOR IMMEDIATE RELEASE
Domino’s Announces CEO Succession Plan
Joe Jordan to Become Chief Executive Officer
Russell Weiner to Retire as CEO and Become Executive Chairman
David Brandon to Retire from the Board Following 28 Years of Service
ANN ARBOR, Mich., June 22, 2026 – Domino’s Pizza Inc. (Nasdaq: DPZ), the largest pizza company in the world, today announced that Russell Weiner has informed the Company’s Board of Directors of his intention to retire as Chief Executive Officer following a distinguished career with Domino’s. Consistent with its multi-year succession planning process, the Domino’s Board of Directors has appointed Joe Jordan, currently Chief Operating Officer and President – Domino’s U.S., as Chief Executive Officer, effective October 1, 2026. Jordan will also join the Company’s Board of Directors at that time. Russell Weiner will transition from Chief Executive Officer to Executive Chairman Designate on October 1, 2026, and become Executive Chairman following the Company’s 2027 annual shareholder meeting. David Brandon, Executive Chairman, will retire and not stand for reelection to the Board in 2027, concluding 28 years of service to Domino’s.
“Joe is a proven leader whose experience spans virtually every aspect of our business,” said David Brandon, Executive Chairman. “After a thoughtful succession planning process, the Board unanimously concluded that Joe is the right leader to serve as Domino’s next CEO. He embodies Domino’s culture of developing leaders from within, has earned the trust of franchisees across our global system and is uniquely qualified to guide the Company through its next phase of growth. At the same time, Russell is one of the most innovative, strategic leaders in our industry, and Domino’s will continue to benefit from his creativity, franchisee relationships and extensive knowledge of the QSR category in his role as Executive Chairman.”
Joe Jordan has spent nearly 15 years in leadership roles across Domino’s marketing, U.S. and international operations, technology and franchisee support. He has built a proven track record of driving growth and innovation across the business, from delivering strong same store sales growth to leading Domino’s international business through a period of record expansion, opening more than 3,000 stores worldwide during his tenure. Most recently, he has overseen key strategic initiatives, including the relaunch of the Company’s loyalty and e-commerce platforms and the launch of Domino’s global digital marketplace partnerships, leveraging strong relationships across the Company’s system.
“I am honored by the Board’s confidence and grateful for the opportunity to lead Domino’s,” said Joe Jordan, Chief Operating Officer and President – Domino’s U.S. “What makes Domino’s special is the strength of the people behind the brand, starting with our franchisees and including our team members and leaders around the world. I have also been fortunate to work closely with Russell over the past four years and am grateful for his leadership and contributions to Domino’s. I look forward to continuing to benefit from his experience and perspective in his role on the Board. Domino’s is one of the most innovative and resilient global systems in the restaurant industry and I am excited to build that foundation as we focus on reaccelerating growth and continuing to deliver delicious pizza and exceptional value to customers worldwide.”
Russell Weiner will continue serving as Chief Executive Officer through September 30, 2026, after which he will become Executive Chairman Designate until Domino’s annual shareholder meeting in April 2027, when he will assume the role of Executive Chairman. Mr. Weiner will help ensure continuity as the Company transitions to its next generation of leadership and will provide counsel to Joe Jordan and the Board, supporting Domino’s continued growth leveraging his 18 years with the brand.
“Since joining Domino’s in 2008, Russell has played a pivotal role in the Company’s growth and success,” said David Brandon. “Among his many contributions to the brand prior to becoming CEO, Russell led the highly successful, and somewhat infamous, “Pizza Turnaround” campaign that was launched in 2010 and created many years of positive momentum for our brand and business. As CEO, Russell was the architect of the Hungry for MORE strategy, which continues to drive sales and store growth and expand Domino’s dominant market share of the pizza category. During his tenure as CEO, the Company achieved net store growth of more than 3,200 locations, increased global retail sales by nearly $3 billion, and delivered close to a 30% increase in operating income. We owe Russell a great debt of thanks for his leadership and many accomplishments and look forward to his continued involvement as Executive Chairman of the Board.”
David Brandon will retire from the Board and as Executive Chairman following the Company’s 2027 annual shareholder meeting. He has served as Chairman of Domino’s Board of Directors since 1999 and as Executive Chairman since 2022. He also served as Chief Executive Officer from 1999 to 2010. During his 28 years of leadership and board stewardship, Brandon helped transform Domino’s into a global category leader, guiding the Company from its 2004 initial public offering through a period of significant international expansion and technological innovation, including the introduction of online ordering, Domino’s Tracker and mobile ordering.
“Dave’s impact on Domino’s cannot be overstated,” said Russell Weiner, Chief Executive Officer. “He led the Company through its transformation from a domestic pizza chain to a global technology and delivery leader, championing the digital innovations that revolutionized how customers order pizza. Beyond his strategic vision, Dave has been an invaluable mentor to countless leaders across our system. His relentless focus on franchisee success and operational excellence has shaped the culture that drives Domino’s today, and his legacy will endure for generations to come.”
With a leadership team that combines deep operational expertise, strategic vision and strong franchisee relationships, Domino’s enters its next chapter focused on accelerating growth, strengthening its global leadership position and continuing to raise the bar on delicious food at renowned value for customers around the world.
About Domino’s Pizza®
Founded in 1960, Domino’s Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world’s top public restaurant brands with a global enterprise of more than 22,300 stores in over 90 markets. Domino’s had global retail sales of over $20.4 billion in the trailing four quarters ended March 22, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino’s stores as of the end of the first quarter of 2026. In the U.S., Domino’s generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
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