Domino’s Pizza names David Wild new chief ahead of float
Friday 31 January 2014
Domino's Pizza has named the former boss of Halfords as its new chief executive as Lance Batchelor moves on to Saga ahead of its £3 billion flotation.
The current chief will leave Domino’s six weeks earlier than originally planned as Saga’s private equity owners —Permira, CVC Capital and Charterhouse — power ahead with the share sale.
David Wild, the ex-Halfords boss who only joined Domino’s as a non-executive director in November, becomes acting chief executive immediately.
He will work alongside Batchelor for the next six weeks and will continue in the role for two months after a new full-time chief has been appointed.
Domino’s said headhunters had drawn up a "long list" of potential candidates but added that it could be several months before a new boss actually starts.
Stephen Hemsley, chairman of Domino’s, said: "I am delighted that David has agreed to step in... whilst we continue our search for a permanent replacement.
Since joining as a non-exec in November, he has quickly got to grips with the business and I look forward to working with him over the coming months.”
Domino’s shares shot up 21.5p to 535.5p.
- 1 Kim Jong-un shows off airport designed by architect he likely had executed
- 2 Michael Douglas regrets 'embarrassing' Catherine Zeta-Jones with oral sex comments
- 3 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 4 Tunisian builder has been hailed a hero after knocking gunman to the ground with roof tiles
- 5 German ethics council calls for incest between siblings to be legalised by Government
Michael Douglas regrets 'embarrassing' Catherine Zeta-Jones with oral sex comments
Kim Jong-un shows off airport designed by architect he likely had executed
Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
Tunisian builder has been hailed a hero after knocking gunman to the ground with roof tiles
Greece debt crisis: Athens has one day to find €1.6bn
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Extend Right To Buy to tenants of private landlords, Labour's Jeremy Corbyn says
David Cameron struck double blow in his hopes to win Britain a new EU deal
Pentagon accuses Russia of 'playing with fire' over nuclear threats towards Nato
iJobs Money & Business
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...
£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...
Negotiable: Recruitment Genius: This extremely successful and well-established...
Competitive with monthly bonus: Guru Careers: We are seeking an experienced FX...