Domino's Pizza, Inc. Annual Meeting of Shareholders - Voting Results

ANN ARBOR, MI – Domino’s Pizza, Inc. held its Annual Meeting of Shareholders, where five key proposals were put to a vote. The results are as follows:

Election of Directors: Nine nominees were elected for one-year terms. Notable results include:

David A. Brandon: 97.02% for

C. Andrew Ballard: 99.37% for

Sherri Luther: 95.96% for

Ratification of Independent Auditor: PricewaterhouseCoopers LLP was ratified as the company’s auditor with 97.32% approval.

Executive Compensation (Say-on-Pay): The advisory vote on executive compensation passed with 94.84% approval.

Elimination of Supermajority Voting: Shareholders approved the elimination of supermajority voting provisions with 83.81% approval.

Shareholder Right to Call Special Meeting: A proposal granting shareholders owning 25% or more of the common stock the right to call a special meeting passed with 79.33% approval.

Shareholder Proposal for Special Meeting: A proposal to allow shareholders owning 15% or more to request a special meeting was rejected with 36.44% approval.

These changes reflect the company’s commitment to aligning with shareholder interests and enhancing governance practices.

Domino’s Pizza Promotes Joseph H. Jordan to Chief Operating Officer and President – Domino’s U.S.
ANN ARBOR, MICHIGAN – March 10, 2025 – Domino’s Pizza, Inc. (NASDAQ: DPZ) announced today the promotion of Joseph H. Jordan to Chief Operating Officer (COO) and President – Domino’s U.S., effective immediately. In this new role, Jordan will serve as the principal operating officer of the company, overseeing U.S. operations and strategic initiatives.

Leadership Experience
Mr. Jordan, age 51, has been with Domino’s since 2011 and has held multiple executive leadership positions, including:

President, U.S. and Global Services (May 2022 – March 2025)
Executive Vice President, International (April 2018 – April 2022)
Senior Vice President & Chief Marketing Officer (May 2015 – April 2018)
Vice President of Innovation (Joined in September 2011)
Prior to Domino’s, Jordan held key leadership roles at Pepsi-Cola North America, Philips Electronics, Unilever, and Accenture, where he contributed to marketing, innovation, and global strategy development.

Compensation Package
As part of his promotion, Mr. Jordan will receive:

Base Salary: $700,000 per year
Annual Bonus Opportunity: 150% of base salary, tied to achieving financial performance goals under the Domino’s Pizza Senior Executive Annual Incentive Plan
Equity Incentive: An annual stock grant valued at 325% of base salary under the Domino’s Pizza, Inc. 2004 Equity Incentive Plan
Severance Agreement: In the event of termination without cause or resignation for good reason, Mr. Jordan will receive one year of his base salary as severance
Strategic Growth & Industry Leadership
Domino’s CEO emphasized that Jordan’s leadership will play a crucial role in the company’s continued success, particularly in expanding digital innovation, operational efficiency, and customer experience in the highly competitive U.S. pizza market.

Mr. Jordan also serves on the Board of Directors of The Boston Beer Company, Inc., adding further expertise in consumer goods and brand management.

Forward-Looking Statements
This announcement includes forward-looking statements subject to risks and uncertainties. Investors should refer to the "Risk Factors" section in Domino’s 2024 Annual Report (Form 10-K) filed with the Securities and Exchange Commission (SEC).

Domino’s Pizza reported strong financial results for the fourth quarter and fiscal year 2024, demonstrating steady growth across key metrics. Global retail sales grew 4.4% in the fourth quarter and 5.9% for the full year, with U.S. same-store sales rising 0.4% in Q4 and 3.2% for the year. International same-store sales increased 2.7% in Q4 and 1.6% for the full year, excluding foreign currency impact.

The company achieved global net store growth of 364 locations in the fourth quarter and 775 stores in 2024. Income from operations rose 6.4% in Q4 and 7.3% for the year, with net income increasing 7.7% and 12.5%, respectively. Diluted earnings per share grew 9.2% in Q4 to $4.89 and 13.8% for the year to $16.69.

The Board of Directors approved a 15% increase in the quarterly dividend to $1.74 per share. CEO Russell Weiner attributed the company’s success to its "Hungry for MORE" strategy, which focuses on driving order growth and market share. Looking ahead, Domino’s aims to continue expanding its market leadership in the global pizza industry.

source: Domino’s Pizza, Inc., SEC Form 8-K, February 24, 2025.

Domino’s Pizza, Inc. (Nasdaq: DPZ) announced that Diana F. Cantor has decided to retire from the company's board of directors and will not stand for reelection at the 2025 annual meeting of shareholders in April. Cantor, who has served on the board for nearly 20 years, will continue her role until the end of her current term. The board expressed gratitude for her service, dedication, and contributions to the company.