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Australian Billionaire Jack Cowin Takes Executive Role At Domino’s As CEO Unexpectedly Quits

Mark van Dyck, Domino's CEO since November 2024, announced his unexpected resignation effective December 23, 2025, at the Brisbane-based chain.
Van Dyck's departure follows efforts to close 205 underperforming stores earlier this year across Japan, Europe, Australia, and New Zealand to cut costs.
Jack Cowin, Domino's biggest shareholder with a 25% stake and over five decades of sector experience, assumed interim executive chair immediately after Van Dyck's announcement.
Domino's shares slid as much as 26% on the announcement day, wiping $300 million and hitting their lowest level since 2013 amid a 44% drop year-to-date.
The leadership change adds uncertainty as the company resets its business amid declining product popularity, significant restructuring costs, and ongoing management search.

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Seeking Alpha

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Jack Cowin to take interim executive role at Domino’s Pizza Enterprises after CEO resigns

2 days ago·United States

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Forbes

Center

Australian Billionaire Jack Cowin Takes Executive Role At Domino’s As CEO Unexpectedly Quits

Billionaire Jack Cowin, 82, brings over five decades of experience in the global quick-service restaurant sector. Apart from Domino's, he also owns Burger King’s Australian franchise as Hungry Jack’s through his Competitive Foods.

3 days ago·United States

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Live Mint

Center

Domino’s Australia Shares Sink as CEO Plans Exit After One Year

Shares of Domino’s Pizza Enterprises Ltd. tumbled to their lowest since 2013 after the company said Group Chief Executive Officer and Managing Director Mark van Dyck will step down after just one year in the role.

4 days ago·New Delhi, India

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The West Australian

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Jack Cowin takes reins at Domino’s as CEO abruptly exits

Domino’s 82-year-old chair and Hungry Jack’s founder Jack Cowin will take the reins at the struggling pizza chain after its newly installed boss Mark van Dyck abruptly resigned from the top job.

4 days ago·Australia

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Bloomberg

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Domino’s Shares Drop After CEO Says He’ll Exit One Year Into Job

Shares of Domino’s Pizza Enterprises Ltd. tumbled to their lowest since 2014 after the company said Group Chief Executive Officer and Managing Director Mark van Dyck will step down after just one year in the role.

4 days ago·United States

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Australian Financial Review

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Jack Cowin takes control of Domino’s Pizza as CEO makes shock exit

Mark van Dyck’s sudden exit comes after the chief executive made sweeping changes to the business. Shares in the pizza chain tanked nearly 25 per cent on Wednesday.

4 days ago·Sydney, Australia

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