February 24, 2011
Domino's Pizza has named Richard (Ritch) Allison as executive vice president of international, effective March 14. Allison succeeds Michael T. Lawton, who was promoted to chief financial officer in August.
Allison joins Ann Arbor, Mich.-based Domino’s after serving more than 13 years at Bain & Company Inc., a global business consulting firm. Allison was a partner and co-leader of Bain’s restaurant practice, assisting clients on strategy, operations, mergers and acquisitions, technology and business organization.
"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,” said J. Patrick Doyle, president and CEO of Domino’s.
Domino's Pizza International division comprised 47 percent of the company's retail sales, and had posted 67 consecutive quarters of positive same-store sales as of the third quarter 2010.
Federico added to board
Domino’s has also named Richard (Rick) L. Federico to its board of directors, effective immediately.
Federico, 56, is chairman and Co-CEO of P.F. Chang's China Bistro Inc. He joined the company in 1996, and is responsible for the strategic growth and development of P.F. Chang's China Bistro, as well as the company's casual quick dining concept, Pei Wei Asian Diner.
P.F. Chang's China Bistro, founded in Scottsdale, Ariz. in 1993, operates 197 Bistros and 166 Pei Wei's, which generated revenues of $1.2 billion in 2010.
Federico began his career in the restaurant industry as a manager at Steak & Ale, and later at Orville Beans and Bennigan's restaurants. He went on to develop Grady's Goodtimes, serving as co-founder/partner and vice president of operations until Brinker International acquired Grady's in 1989.
Federico, a graduate of the University of Tennessee, makes his home in Scottsdale, Ariz., with his wife Peggy and their five children.
"We are extremely fortunate to have Rick joining us as a new member of our board," said David A. Brandon, Domino's Pizza chairman of the board. "His incredible depth of experience in the restaurant industry will be a tremendous resource to us as we move forward. He adds strength to our already talent-rich board."