Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Domino's Pizza names Beam Suntory executive Shattock as chairman

03/10/2020 | 05:46am EDT
FILE PHOTO: A worker carries a pizza for delivery as he exits a Domino's pizza store in Sydney, Australia

Britain's biggest pizza delivery company Domino's Pizza Group on Tuesday appointed Beam Suntory executive Matt Shattock as its chairman, replacing Ian Bull who has held the role on an interim basis since last year.

Shattock, who was a tank troop leader in the British army before entering the industry, previously held senior roles at Cadbury and Unilever.

He will join Domino's from Jim Beam maker Beam Suntory, a unit of Japan?s Suntory Holdings, where he has served as the non-executive chairman since April.

Shattock joined Beam Inc in 2009 as president and chief executive officer and oversaw the integration of the company and Suntory's spirits businesses after the Japanese firm's $16 billion acquisition of Beam.

"Shattock has the necessary credentials for the role," Jefferies analysts said in a client note.

Shares in the company were up 5.3% at 299 pence by 0931 GMT.

Domino's said last year its long-serving Chairman Stephen Hemsley will step down from the board in the wake of the Financial Reporting Council's revised corporate code that emphasised the need for boards to refresh themselves.

The British company, a franchise of U.S.-based Domino's Pizza Inc, is also looking to replace its Chief Executive Officer David Wild and appoint a chief financial officer after David Bauernfeind died in a snorkelling accident last year.

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Aditya Soni)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AT HOME GROUP INC. -0.08% 36.99 End-of-day quote.0.00%
BYD COMPANY LIMITED 3.46% 239 End-of-day quote.17.62%
DOMINO'S PIZZA GROUP PLC 0.14% 418.8 Delayed Quote.32.34%
LETS HOLDINGS GROUP CO., LTD. -0.64% 6.18 End-of-day quote.-20.57%
LOOK HOLDINGS INCORPORATED -4.25% 1352 End-of-day quote.41.27%
UNILEVER PLC 1.07% 4151 Delayed Quote.-6.49%
Latest news "Companies"
02:30pAMERICAN ASSETS TRUST : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)
AQ
02:30pPRESS RELEASE : BIGBEN: Report of the Annual General Meeting of 30 July 2021
GL
02:30pMRVL Pet Pharmaceuticals(TM) Announces Management Changes
NE
02:30pNEXTGEN HEALTHCARE : Fully Prevails in Hussein Trial Jury Verdict
BU
02:29pBNP PARIBAS : Main features TLAC instruments as at 30/06/2021
PU
02:29pTEXTRON : McCauley Propeller launches Beechcraft King Air B300 series aftermarket solution
PU
02:29pJULY 30, 2021 - NON PRICE SENSITIVEBANCO BPM : 2021 eu-wide stress test results
PU
02:29pASHFORD : Second Quarter 2021 Conference Call 11 a.m. CT (Form 8-K)
PU
02:29pQUOTIENT TECHNOLOGY : Bangalore named “Great Place to Work” for the Second Year in a Row!
PU
02:29pMICROSOFT : Michelle Gonzalez named to lead Microsoft's venture fund M12
PU
Latest news "Companies"