Domino’s Pizza is shaking up its executive ranks, appointing current chief operating officer and U.S. president Joe Jordan as its next chief executive officer. Effective October 1, Jordan will succeed Russell Weiner, who is retiring from the top post after leading the company since 2022.
The transition triggers a broader reshuffling of leadership. Upon stepping down, Weiner will step into the role of executive chairman designate, officially taking over as executive chairman during the 2027 annual shareholder meeting. He replaces David Brandon, the current executive chairman, who will retire and exit the board of directors after 28 years with the brand. Jordan will also claim a seat on the board when he assumes the CEO role.
Jordan takes the helm during a turbulent period for the quick-service pizza industry, marked by contractions from primary competitors. Both Pizza Hut and Papa Johns have experienced store closures. Notably, Yum Brands recently sold Pizza Hut's non-China business to a private equity firm for $1.5 billion.
Conversely, Domino’s has sustained consistent same-store sales growth over recent quarters. Weiner previously anticipated further retrenchment from rival brands attempting to underprice Domino’s value propositions, predicting that competing franchisees would face profitability challenges leading to closures. He projected that Domino’s is positioned to secure up to 50% of the quick-service pizza market share.
Jordan brings nearly 15 years of internal tenure to the CEO position, spanning roles across marketing, technology, franchisee support, and international operations. His previous achievements include managing a record international expansion that added 3,000 units, overhauling the e-commerce and rewards loyalty platforms, and engineering the company's global digital marketplace partnerships.
Weiner will continue executing CEO duties through September 30 before moving to his advisory board role. His 18-year legacy at the company includes spearheading a pivotal 2010 turnaround strategy and launching the "Hungry for MORE" growth initiative. Under his CEO tenure, Domino’s expanded its footprint by over 3,200 net units, boosted global sales by roughly $3 billion, and achieved an estimated 30% surge in operating income.
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