Domino’s Pizza announced today that, effective March 14, 2011 Mr. Richard (Ritch) Allison will join its leadership team as EVP of International, succeeding Michael T. Lawton, who is now Chief Financial Officer of the Company. Allison, 44, comes to Domino’s after more than 13 years at Bain & Company, Inc.
Bain & Company is a leading global business consulting firm, assisting clients on strategy, operations, mergers and acquisitions, technology and business organization, which is known for generating significant and measurable positive financial results for its clients’ businesses.
As a partner and co-leader of Bain’s restaurant practice, Allison worked with some of the industry’s largest global chains. His work covered strategy and solution development, including market segmentation and growth strategies, marketing and advertising effectiveness measures, menu development and pricing strategy, organizational design, driving operational efficiency and improving supply chain performance. Earlier in his career at Bain, he worked in multiple industries, including grocery retail, specialty services, manufacturing and logistics. In addition to his experience at Bain, Allison worked for BellSouth Corporation in strategic development and online services.
Allison commented on his new post: “I am excited to put my background in business strategy and in the restaurant industry to work for Domino’s. I am looking forward to the opportunity to work for such an iconic consumer brand; and the culture of this company is a perfect fit for me. I hope and plan to make a significant contribution.”
J. Patrick Doyle, President and CEO of Domino’s, said, “Ritch is a perfect addition to the global Domino’s team. I look forward to his applying his broad experience with improving the performance of other major restaurant chains, to the Domino’s global footprint – and helping to make our great international business even better.”
Domino’s Pizza International division comprised 47% of the Company’s retail sales, and had posted 67 consecutive quarters of positive same store sales as of the third quarter 2010, and is one of the largest international enterprises in the restaurant sector.
Allison received his BS in Business Administration from the University of North Carolina at Chapel Hill and later earned an MBA from the Kenan-Flagler Business School, where he was named a Dean’s scholar and received the Norman Brock Award. Allison, his wife Susan, son Jake and daughter Emily will relocate to Ann Arbor, Michigan near Domino’s World Resource Center.
