- Saturday, April 27, 2024
By: Radhakrishna N S
BRITISH Asian businessperson and top executive Rooney Anand is understood to have been approached by Domino’s Pizza for its chairmanship.
Domino’s is seeking a replacement for Stephen Hemsley. He has been with the business for more than two decades and is likely to step down before the annual meeting next year.
Anand, 55, chairs Casual Dining Group that owns Café Rouge.
Domino’s new senior independent director Ian Bull is on a search for the top post. He has appointed headhunters from Heidrick & Struggles.
The hunt for a chairman is at an early stage.
Bull, 58, spent five years working with Anand as Greene King’s finance director.
The British Asian was paid £850,000 to sign a non-compete clause when he left the pub group earlier this year. However, it is not thought to have prevented him from joining a food delivery operator.
Greene King’s former boss Anand received £1.6 million in 2018 and stands to make £10m from the sale of Greene King to Hong Kong’s Li Ka-shing.
Domino’s has come under fire following the weak performance of its international wing, which includes operators in Scandinavian countries Iceland, Norway, Sweden, as well as Switzerland.
It recorded operating losses of £6.4m in the first six months of the current year.
