Domino’s gets a new CEO amid slowing sales—but is it enough to save pizza chains?

Domino’s Pizza has appointed Joe Jordan as its new CEO to address declining first-quarter sales, which missed projections significantly. This change, effective October 1, sees Jordan, currently COO and president of Domino’s U.S., replace Russell Weiner, who will transition to executive chairman. With a 15-year track record at the company, Jordan has previously held roles in marketing and innovation. This leadership shift comes as the pizza chain seeks to revive its performance and maintain its market position amidst growing competition and changing consumer preferences.