Shares in Domino's Pizza Enterprises Ltd (ASX: DMP) are trading higher on Tuesday morning after the company announced a change at the top.
At the time of writing, the Domino's share price is up 2.91% to $23.
The announcement comes just weeks before the pizza chain is due to report its half-year results on 25 February 2026.
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A new leader for the next phase
In an ASX release today, Domino's confirmed it has appointed Andrew Gregory as its incoming Group Chief Executive Officer and Managing Director.
Gregory brings more than 30 years of experience in the quick-service restaurant sector. Most recently, he held senior leadership roles at McDonald's, including Senior Vice President for global franchising, development and delivery in the United States.
Domino's said Gregory will commence in the role no later than 5 August 2026, once he has completed his current employment obligations. A transition period will take place in the meantime to ensure a smooth handover.
Executive Chairman Jack Cowin said the appointment followed a comprehensive global search and reflects the board's focus on long-term leadership stability. He added that Gregory's background in franchising and operations makes him well placed to lead the business through its next phase of improvement and growth.
Company profile and recent performance
Domino's Australia is the largest franchisee of the Domino's brand outside the United States. It is headquartered in Brisbane and operates across Australia, New Zealand, Japan, and several European markets.
The group earns revenue from company-owned stores, franchise operations, and supply chain services. Over the years, Domino's has built one of the largest food service networks listed on the ASX.
Despite its scale, the company has faced challenges in recent years. Store closures, cost pressures, and softer consumer demand in some regions have weighed on earnings and investor sentiment.
Share price context
Domino's shares have been volatile over the past year. After falling sharply earlier in FY26, the stock has recovered from its lows but remains well below levels seen earlier in the decade.
The recent rebound suggests some investors are becoming more constructive, although confidence remains sensitive to earnings updates and management execution.
What investors are watching next
Attention now turns to Domino's half-year results, due on 25 February 2026.
Investors will be looking closely at sales trends, margins, and any commentary around trading conditions in key markets. Guidance for the second half of the year is also likely to be a major focus.
While the CEO appointment has been welcomed by the market, the upcoming earnings result will be a more important test of whether the business is stabilising.
