United Kingdom-based Domino’s master franchise company, Domino’s Pizza Group Plc, has named its interim CFO and former Ei Group Plc CFO, Neil Smith, to the chief financial officer’s spot on a permanent basis, according to a news release. Smith will also join the company’s board on Sept. 16.
Smith held the financial lead at U.K. pub restaurant company, Ei Group plc, from 2011 until its recent takeover by Stonegate Pub Company. He succeeded David Bauernfeind, who died in a snorkeling accident last year.
Additionally, the company named Natalia Barsegiyan and Lynn Fordham to its Board of Independent Non-Executive Directors, as well as appointing the pair to the board’s Nomination, Remuneration and Audit committees.
Barsegiyan retired as CFO of Taco Bell in April 2020 and previously served as Yum Brands’ chief commercial officer from 2016 to 2018 and the general manager of Pizza Hut Europe from 2013 to 2016.
Fordham is managing partner of private equity firm, Larchpoint Capital LLP, and is a chartered accountant, who previously was CEO of SVG Capital Plc. Fordham also held senior finance roles at Barratt Developments Plc, BAA Plc and Boots Plc.
“I am delighted to welcome Natalia and Lynn as non-executive directors. Both have highly relevant experience and impressive track records of value creation,” Board Chair Chairman Matt Shattock said in the release. “I am also very pleased to welcome Neil to the board. Neil has built upon the foundations laid by David Bauernfeind, bringing further rigor to the business. …. These appointments mark an important milestone in the evolution of the board and I am looking forward to working with them.”
Related: Domino’s Pizza Franchise
Domino’s Pizza Group plc is the UK’s leading pizza brand and a major player in the Irish market. The company holds the master franchise agreement to own, operate and franchise Domino’s stores in the U.K., Republic of Ireland, Switzerland, Sweden, Iceland and Liechtenstein, as well as associate investments in the holders of the Domino’s master franchise agreements in Germany and Luxembourg.
Source: Pizza Marketplace