Domino's Names Jordan CEO; Stock Falls 5.6%

(DPZ) announced that Chief Executive Officer Russell Weiner will retire from his role on October 1, 2026, with Chief Operating Officer and President of Domino's U.S., Joe Jordan, appointed as his successor, a development that led to a 5.6% decline in the company's stock. Jordan, who has been with Domino's Pizza for nearly 15 years, currently serves as COO and President of Domino's U.S. and has held leadership positions across marketing, U.S. and international operations, technology, and franchisee support.

Russell Weiner will transition to Executive Chairman Designate on October 1, 2026, and will become Executive Chairman following the Company's annual shareholder meeting in April 2027. David Brandon, the current Executive Chairman who has served as Chairman of Domino's Board of Directors since 1999 and Executive Chairman since 2022, will retire after the 2027 annual shareholder meeting.

Following the announcement, Domino's Pizza's stock (DPZ) closed Monday's trading at $295.11, down 5.6 percent, and further declined 1.0 percent to $292.09 in overnight trading, as reported by RTTNews.