STOCK TITAN

Domino's® Names Frank Garrido EVP - U.S. Operations

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

On March 15, 2021, Domino's Pizza announced the promotion of Frank Garrido to executive vice president of U.S. operations and support, effective immediately. He succeeds Tom Curtis, who has left for another opportunity. Garrido brings extensive operational experience, having joined Domino's in 2017 as a regional vice president and previously worked at Focus Brands. Domino's, the largest pizza company globally, reported over $16.1 billion in global retail sales in 2020, with a strong emphasis on digital sales channels.

Positive
  • Frank Garrido's promotion reflects internal growth and operational leadership continuity.
  • Garrido has significant experience in operations, indicating potential for improved efficiency.
Negative
  • The departure of Tom Curtis may disrupt existing operational momentum.

ANN ARBOR, Mich., March 15, 2021 /PRNewswire/ -- Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, announced the promotion of Frank Garrido to executive vice president – U.S. operations and support, effective March 15, 2021.

Domino's announced the promotion of Frank Garrido to executive vice president – U.S. operations and support.

Garrido replaces Tom Curtis, who is leaving to pursue another opportunity. Garrido will report to Russell Weiner, Domino's chief operating officer and president – Domino's U.S.

"We wish Tom the best of luck in his new role, as he served Domino's well for many years," said Weiner. "Moving forward, we are thrilled to have Frank join the company's executive leadership team. Frank has decades of operations experience with several well-known brands. He has been with Domino's for some time now and is ready to go."

Garrido most recently served as senior vice president overseeing Domino's nearly 400 company-owned stores. He joined Domino's in 2017 as a regional vice president, based in Atlanta. Prior to Domino's Garrido was vice president of operations for Focus Brands' McAlister's Deli, part of Focus Brands' more than 4,500 ice cream shops, bakeries, restaurants, and cafes worldwide. Garrido also served as executive vice president of operations, training and concept development for Edible Arrangements International. 

Garrido holds a degree in hospitality management from Widener University.

About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world based on retail sales. It ranks among the world's top public restaurant brands with a global enterprise of more than 17,600 stores in over 90 markets. Domino's had global retail sales of more than $16.1 billion in 2020, with nearly $8.3 billion in the U.S. and more than $7.8 billion internationally. In the fourth quarter of 2020, Domino's had global retail sales of more than $5.5 billion, with over $2.7 billion in the U.S. and more than $2.8 billion internationally. Its system is comprised of independent franchise owners who accounted for 98% of Domino's stores as of the end of the fourth quarter of 2020. Emphasis on technology innovation helped Domino's achieve more than half of all global retail sales in 2020 from digital channels. In the U.S., Domino's generated more than 70% of sales in 2020 via digital channels and has developed several innovative ordering platforms, including those for Google Home, Facebook Messenger, Apple Watch, Amazon Echo, Twitter and more. In 2019, Domino's announced a partnership with Nuro to further its exploration and testing of autonomous pizza delivery. In mid-2020, Domino's launched a new way to order contactless carryout nationwide – via Domino's Carside Delivery, which customers can choose when placing a prepaid online order.

Order – dominos.com 
Company Info – biz.dominos.com 
Media Assets – media.dominos.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/dominos-names-frank-garrido-evp--us-operations-301246517.html

SOURCE Domino's Pizza, Inc.

FAQ

Who is Frank Garrido in relation to Domino's Pizza?

Frank Garrido was promoted to executive vice president of U.S. operations and support at Domino's Pizza on March 15, 2021.

What position did Tom Curtis hold at Domino's before leaving?

Tom Curtis was the executive vice president of U.S. operations and support at Domino's before leaving for another opportunity.

What were Domino's Pizza's global retail sales in 2020?

Domino's Pizza reported over $16.1 billion in global retail sales in 2020.

How much of Domino's sales were generated through digital channels in 2020?

In 2020, more than 70% of Domino's U.S. sales were generated via digital channels.

When did Frank Garrido start working at Domino's Pizza?

Frank Garrido joined Domino's Pizza in 2017 as a regional vice president.

Domino's Pizza Inc.

NYSE:DPZ

DPZ Rankings

DPZ Latest News

DPZ Stock Data

14.37B
34.88M
0.4%
101.48%
4.93%
Restaurants
Wholesale-groceries & Related Products
Link
United States of America
ANN ARBOR