Domino’s Pizza UK announced that Chief Executive Officer Andrew Rennie has stepped down, effective immediately, and that Chief Operating Officer Nicola Frampton will serve as interim CEO while the board searches for a permanent replacement.
The resignation comes after the group reported a 14.8 % decline in pre‑tax profit to £43.7 million for the first half of 2025, even as revenue rose 1.4 % to £331.5 million. Underlying EBITDA fell 7.4 % to £63.9 million, and system sales increased 1.3 % to £777.8 million, reflecting modest growth amid rising costs and a tougher consumer environment.
Domino’s is pivoting its product mix to include more fried‑chicken and healthier pizza options, with the launch of the Chick ’N ’Dip brand slated for next year. The board and Rennie had differing views on the pace and focus of this expansion, a key factor in the leadership change.
Rennie said the market had become tougher for both the company and its franchisees, noting that weaker consumer confidence and higher employment costs were curbing growth. Chair Ian Bull highlighted the company’s resilience and market‑share gains, while Frampton outlined a plan to accelerate supply‑chain improvements, roll out the new product line, and launch a loyalty program in 2026.
Investors have responded cautiously to the leadership transition and the strategic shift, reflecting concerns about cost pressures and the ability to execute the new growth agenda. Domino’s continues to capture market share—its UK takeaway share rose to 7.2 % and its pizza share to 53.7 %—but profitability remains under strain, and the company’s 2025 guidance has been maintained at current levels.
The board’s search for a new CEO will be a key focus in the coming months, as the company seeks to balance the need for fresh strategic direction with the imperative to sustain its competitive position in a challenging market.
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