Domino's appoints Merrill Pereyra as new ANZ boss
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The news: Domino’s Pizza has announced two senior leadership appointments, naming Merrill Pereyra as chief executive for Australia and New Zealand, effective 23 January.
The pizza chain also confirmed the appointment of George Saoud as group chief financial officer, previously announced in July, with the role now effective immediately.
Shares were up 2.31% to $23.07 per share as of 12:08pm AEDT.
The context: Merrill Pereyra previously served as the managing director of Pizza Hut and Yum! Brands in India and has more than 30 years experience in the quick service restaurant industry, including regional leadership roles with McDonald's and CEO of Domino's Pizza Indonesia.
Pereyra replaces former ANZ boss Kerri Hayman, who departed last year.
The Domino's board said the search for a permanent group CEO is still progressing, following Mark van Dyck's surprise resignation last July after only eight months in the role.
What they said: "Merrill has a track record of building franchise relationships, growing same store sales and unit economics to return to network expansions, the board is confident he will work closely with our franchise partners to improve our business performance," Domino's executive chairman Jack Cowin said.
The source: ASX
