Domino’s Australia Shares Drop as CEO Plans Exit After One Year

Shares of Domino’s Pizza Enterprises Ltd. dropped sharply after the company announced that CEO Don Meij will step down just one year after taking the role. The sudden leadership change raised concerns among investors about stability and direction at the top of Australia’s largest pizza chain. The company did not provide a detailed reason for Meij’s departure but said a leadership transition is underway. Investors reacted swiftly, sending shares down as they assessed the potential impact on Domino’s growth strategy and operations. The company is now working to reassure stakeholders and maintain momentum amid the unexpected executive change.

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