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Domino's Pizza slides on word the CEO who engineered its turnaround is leaving

Kimberly Chin   

Domino's Pizza slides on word the CEO who engineered its turnaround is leaving
Stock Market1 min read

2,000 calories dominos pizza

Darren Weaver

  • Shares of Domino's Pizza fell nearly 5% to $196.77 a share Wednesday after CEO J. Patrick Doyle said he would be stepping down in June.
  • Doyle was responsible for an impressive turnaround at the company, including a major reputation makeover and investments in new technology.
  • Since Doyle became CEO in March 2010, the company's shares have gained 1,388%.
  • Richard Allison, who is the president of Domino's International, will step in as the new CEO.
  • Domino's stock has climbed 10.39% this year.
  • View Domino's stock price in real-time here.

To read about some of the innovative things that Domino's was doing last year, click here.

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