Domino’s Pizza CEO takes direct control of Australia and New Zealand ops

Domino's Pizza Enterprises Group announced on Monday that their Group CEO and Managing Director, Andrew Gregory, will now oversee the Australia and New Zealand business operations. This change takes effect immediately as the unit begins the search for a new head. Merrill Pereyra, the current Australia and New Zealand CEO, has agreed to step down from her position due to Domino's Pizza Enterprises' mutual decision. The company plans to appoint an experienced executive to take over the ANZ operations.

Domino's Pizza Enterprises, the master franchisee of the brand in Australia, New Zealand, Europe, and Asia, has been grappling with sluggish sales across all its regions. Discounts and promotional events have only offered limited relief. Asia has been a particular area of concern, with a series of store closures in Japan and Taiwan causing significant distress. These closures have also led to substantial writedowns, negatively impacting Domino's bottom line.