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Domino’s CFO Stuart Levy resigns

The company said he resigned to pursue opportunities elsewhere. The pizza chain said that CEO Ritch Allison would act as interim finance chief until a permanent successor is found.
Domino's CFO resigns
Photograph: Shutterstock

Stuart Levy has resigned as chief financial officer at Domino’s Pizza, the company said on Wednesday.

The Ann Arbor, Mich.-based pizza chain said that Levy left “to pursue opportunities outside the company.” Levy will receive one year of base salary and will remain with Domino’s in an advisory capacity through the end of August.

Levy was named CFO in August of last year when he took over for Jeff Lawrence.

Ritch Allison, Domino’s CEO, will oversee an “Office of the Chief Financial Officer” as the interim CFO until a permanent replacement has been found. The company said it has hired an executive search firm to find Levy’s successor.

Ryan Goers, vice president of finance, global financial planning and analysis; Juan Jose Joachin, vice president of finance operations; and Jessica Parrish, vice president, corporate controller and treasurer, will all be part of the office.

“I have great confidence that we will continue to execute on our financial objectives as we identify a new CFO,” Allison said in a statement.

Under Levy, Allison said, “We maintained and built on our financial strength, invested in the capacity required to support the long-term growth of the brand and delivered significant shareholder value, all while putting our team members and customers first.”

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