Domino’s director steps down

Domino’s has announced that Usman Nabi has informed the board of his decision to step down as a director of the company with immediate effect this week. 

He initially joined the board of the Domino’s Pizza Group in November 2019. 

Since then, he has played an important role in supporting the transformation of the business. 

In particular, Nabi played an instrumental role in the searches for a new chair in 2020, and most recently, a new CEO, which culminated in the recent appointment of Andrew Rennie.

Nabi is the founder and managing partner of Browning West, which continues to be a significant shareholder in Domino’s.

Matt Shattock, chair of Domino’s, said: “On behalf of the board, I’d like to thank Usman for his contribution, which has been vital during a period of great change in the business. 

“I look forward to continuing to engage with Usman and his team as a major shareholder in the business.”

Nabi added: “I joined the board of Domino’s because I wanted to play a role in putting a world-class leadership team in place. With Matt Shattock as chair and our new CEO Andrew Rennie in place, I now believe this has been achieved and so it is the right time for me to step down from the board. 

“As a shareholder I look forward to continuing to engage with the company as it moves to the next level.”