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.
The Microsoft mogul told fans a few home truths during his Reddit AMA
- 1 Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
- 2 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 3 Ball pool for adults opens in London
- 4 Baldness could soon be treated using stem cells, scientists hope
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Boris Johnson claims porn-obsessed Islamic jihadists are 'literally w*****s'
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Teenager brandishing fake gun taken down by police after demanding airtime on Netherlands' NOS TV station
Ball pool for adults opens in London
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...