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Wajeeh Khan

DPZ Stock Alert: Domino's Bets on New CEO to Turn Around Sales

DPZ Domino Joe Jordan Russell Weiner Domino Pizza

Domino’s Pizza (DPZ) shares are inching lower on Tuesday after the company made a surprising announcement that CEO Russell Weiner is retiring, passing the torch to its chief operating officer Joe Jordan.

This unexpected leadership shakeup is weighing on sentiment, given it arrives at a time when DPZ — the world’s largest pizza chain — is grappling with rising competition in the fast-food space.

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