Domino's Pizza makes big transformation after 22 years
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In a move that has taken the fast-food industry by surprise, Domino's Pizza has announced a significant shift in leadership that marks the end of an era for the globally recognised pizza chain.
After 22 years at the helm, the company's long-serving chief executive, Don Meij, is set to retire, passing the baton to a new leader who will steer the company into its next chapter.
Don Meij's journey with Domino's is nothing short of remarkable. From his humble beginnings as a delivery driver in Redcliffe, Queensland,
His leadership has been instrumental in Domino's explosive growth, transforming it from a local Brisbane-based business into an international powerhouse.
Since its stock exchange listing in 2005 with 387 stores and yearly sales of $300 million, the company has expanded to more than 3,700 stores across 12 markets, boasting sales exceeding $4 billion.
As we bid farewell to Meij, we welcome Mark van Dyck as Domino's new global leader.
Van Dyck, who previously served on the executive board of Compass Group, brings a wealth of experience to the table.
His impressive track record includes doubling underlying growth and significantly boosting profitability at Compass, restructuring and revitalising the company's Japanese business, and executing a strategic reset in Australia, making it one of Compass's most profitable markets.
The Domino's Board, led by chairman Jack Cowin, has expressed immense gratitude to Meij for his transformative impact on the company.
‘Under his leadership, Domino’s Pizza grew from a Brisbane-based company to a truly global business, the market leader in each of the markets the company has operated for more than three years in Europe and the Asia-Pacific,’ he said.
‘Don has done an exceptional job of delivering positive outcomes for all our stakeholders, including franchise partners, shareholders and employees. He leaves an impressive legacy.’
Meij himself has described his tenure as an 'incredible honour’, reflecting on his unexpected rise from delivery driver to CEO of a global entity.
‘Domino’s has really been my life,’ Meij said.
‘When I started as a delivery driver in Redcliffe, I never imagined I’d become CEO of a truly global company with more than $4 billion in sales.’
‘While this decision was not easy, it’s the right time for me to step back and for new leadership to guide the next era of growth.’
Despite the company's remarkable growth over the past two decades, it has faced challenges this year, with stock prices falling by 43 per cent year-to-date.
Additionally, Domino's reported a slight dip in group same-store sales in the first 17 weeks of the 2025 financial year.
As van Dyck takes the reins with a salary of $1.585 million per annum and company shares, the industry watches with keen interest.
His experience with global giants like Compass Group and Coca-Cola suggested that Domino's is poised for a new era of innovation and growth.
Cowin said the Board chose van Dyck for his ‘track record of successful transformations’.
‘During his time at Compass, Mr van Dyck doubled underlying growth and significantly increased profitability,’ Cowin said.
‘He also restructured and accelerated growth and profitability of the Japanese business and completed a strategic reset of the Australian business, making it one of the most profitable markets globally for Compass.’
Have you noticed changes in your local Domino's service or offerings? What are your expectations for the company's future under new leadership? Join the conversation and let us know in the comments below!
After 22 years at the helm, the company's long-serving chief executive, Don Meij, is set to retire, passing the baton to a new leader who will steer the company into its next chapter.
Don Meij's journey with Domino's is nothing short of remarkable. From his humble beginnings as a delivery driver in Redcliffe, Queensland,
His leadership has been instrumental in Domino's explosive growth, transforming it from a local Brisbane-based business into an international powerhouse.
Domino’s Pizza CEO Don Meij has announced his retirement. Credit: Don Meij / Facebook
Since its stock exchange listing in 2005 with 387 stores and yearly sales of $300 million, the company has expanded to more than 3,700 stores across 12 markets, boasting sales exceeding $4 billion.
As we bid farewell to Meij, we welcome Mark van Dyck as Domino's new global leader.
Van Dyck, who previously served on the executive board of Compass Group, brings a wealth of experience to the table.
His impressive track record includes doubling underlying growth and significantly boosting profitability at Compass, restructuring and revitalising the company's Japanese business, and executing a strategic reset in Australia, making it one of Compass's most profitable markets.
The Domino's Board, led by chairman Jack Cowin, has expressed immense gratitude to Meij for his transformative impact on the company.
‘Under his leadership, Domino’s Pizza grew from a Brisbane-based company to a truly global business, the market leader in each of the markets the company has operated for more than three years in Europe and the Asia-Pacific,’ he said.
‘Don has done an exceptional job of delivering positive outcomes for all our stakeholders, including franchise partners, shareholders and employees. He leaves an impressive legacy.’
Meij himself has described his tenure as an 'incredible honour’, reflecting on his unexpected rise from delivery driver to CEO of a global entity.
‘Domino’s has really been my life,’ Meij said.
‘When I started as a delivery driver in Redcliffe, I never imagined I’d become CEO of a truly global company with more than $4 billion in sales.’
‘While this decision was not easy, it’s the right time for me to step back and for new leadership to guide the next era of growth.’
Despite the company's remarkable growth over the past two decades, it has faced challenges this year, with stock prices falling by 43 per cent year-to-date.
Additionally, Domino's reported a slight dip in group same-store sales in the first 17 weeks of the 2025 financial year.
As van Dyck takes the reins with a salary of $1.585 million per annum and company shares, the industry watches with keen interest.
His experience with global giants like Compass Group and Coca-Cola suggested that Domino's is poised for a new era of innovation and growth.
Cowin said the Board chose van Dyck for his ‘track record of successful transformations’.
‘During his time at Compass, Mr van Dyck doubled underlying growth and significantly increased profitability,’ Cowin said.
‘He also restructured and accelerated growth and profitability of the Japanese business and completed a strategic reset of the Australian business, making it one of the most profitable markets globally for Compass.’
