Domino's Pizza announced that Michael T. Lawton is retiring as the company's CFO after 16 years of service. He will be succeeded by Jeffrey D. Lawrence, current Treasurer of Domino's, who has been with the company since 2000.
July 21, 2015
Domino's Pizza announced that Michael T. Lawton, 56, is retiring as the company's CFO after 16 years of service, according to a press release. He will be succeeded by Jeffrey D. Lawrence, current Treasurer of Domino's, who has been with the company since 2000. Lawton plans to depart at the end of August, following a brief transition period.
J. Patrick Doyle, Domino's President and Chief Executive Officer, said in a statement, "I can't say enough great things about both these executives. Mike has not only been a terrific CFO, but a strong former leader of our international business — as well as a talented and flexible general business manager who has helped me by running both our IT and supply chain businesses during transition times.
"Jeff has very deep institutional knowledge, having served in just about every area of finance we have, and was the VP and Corporate Controller when we took the company public in 2004. He's been central to virtually every major transaction we have completed. He, too, has had experience in our international division, a critical perspective for this key leadership role."
Lawrence, whose official title will be EVP and CFO, will report to Doyle.