Domino's Australia Shares Plummet as CEO Announces Sudden Departure

Reported 1 day ago

Domino’s Pizza Enterprises Ltd. saw its shares drop to their lowest level since 2014 following the announcement that CEO Mark van Dyck will resign after only one year. The stock fell 16% after the news, prompting billionaire Jack Cowin to become the interim executive chairman. This departure follows a year of significant changes in leadership, and the company is currently searching for a new CEO while facing operational challenges.

Source: YAHOO

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