Domino’s Pizza names Stu Levy EVP, chief financial officer

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Domino’s Pizza names Stu Levy EVP, chief financial officer

TL;DR

Domino's Pizza has appointed Stu Levy as its new chief financial officer, succeeding Jeffrey Lawrence, while Cindy Headen has been promoted to EVP, supply chain services. Levy and Headen will report to CEO Ritch Allison, with the changes effective from August 20, 2020.

Cindy Headen has also been promoted to EVP, supply chain services, succeeding Levy.

Domino’s Pizza, Inc. has announced the appointment of Stu Levy, executive vice president, as the brand’s new chief financial officer. Levy succeeds Jeffrey Lawrence, who announced his intention to retire earlier this year.

Cindy Headen will fill the position of Levy’s previous role as executive vice president, supply chain services, and both will report to Domino’s Pizza’s CEO, Ritch Allison. These changes are to be effective from August 20, 2020.

“In a relatively short period of time, both Stu and Cindy have made profound, positive impacts on our company,” said Allison. “They are strong, capable leaders who are respected across our global system, and I am excited to have them in these roles.”

Levy joined Domino’s in 2019, and has since been instrumental in improving service to U.S. and Canadian franchisees. His team strengthened supplier relationships and assisted in navigating the challenges presented by COVID-19.

“Stu has a recognized ability to develop and execute practical strategies to drive bottom-line results,” said Allison.

Headen, meanwhile, joined the brand in 2015 as vice president of procurement and product management. She has since occupied several roles within Domino’s, and has worked on improving and managing Domino’s Canadian supply chain operations.

“During her time with Domino’s, Cindy and her team have been able to secure substantial cost savings to our system by negotiating new contract terms with many of our suppliers and vendors,” said Allison. “More importantly, she has led the drive to stabilize pricing from our suppliers, ensuring our cost structure is predictable, while simultaneously ensuring an uninterrupted supply of our key food products.”

In this story

This story was originally published by Kieran M in Global Franchise on August 7, 2020. Burnaze summarizes and links to the original reporting.

Read the full story at Global Franchise

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