My Tiny Feed

dailymail.co.uk

Domino's CEO Retires, Sales Dip

Domino's CEO Don Meij retires after 22 years, handing the reins to Mark van Dyck amidst a recent trading update showing declining sales.

Read original article in English

English

United Kingdom

Labour MarketLeadershipRetirementGrowthCeoSales

Domino'sCompass GroupAsx

Don MeijMark Van DyckJack CowinPhillip Kimber

Who is the new CEO of Domino's and what is their compensation?: Mark van Dyck's compensation will be $1.58 million annually, subject to review. Meij will work with the board and van Dyck for a year to ensure a smooth transition.
What were the key highlights of Domino's recent trading update?: The company's recent trading update showed a 1.2% decrease in group same-store sales, with negative sales in Germany, France, and Japan. This, coupled with the leadership change, has raised concerns among financial analysts.
What was Domino's growth trajectory under the outgoing CEO's leadership?: Domino's experienced significant growth under Meij's leadership, expanding from a Brisbane-based company with 387 stores and $300 million in sales to a global business with over 3700 stores and $4 billion in sales.
Who is the outgoing CEO of Domino's and how long has he been with the company?: Don Meij, Domino's CEO for 22 years, is retiring after nearly 40 years with the company. His successor is Mark van Dyck, former Asia-Pacific regional managing director of Compass Group.
What is the market reaction to the leadership change and the recent trading update?: Financial analyst Phillip Kimber expressed concern about the trading update and potential earnings risks associated with the change in leadership; Domino's shares fell almost seven percent following the announcement.

Jan 22, 04:11

Shift Work's Health Impacts: Risks, Adaptability, and Schedule Optimization

Shift work, especially night shifts, significantly impacts health, increasing risks of various diseases, including cancer, and disrupting sleep patterns. Adaptability varies with age and chronotype, with forward-rotating shifts and shorter workweeks recommended to minimize risks.

Jan 22, 19:09

European Net-to-Gross Income Varies Widely by Family Status

Across 31 European countries, a single person without children receives 68.8% of their average gross annual salary as net income, ranging from 60.1% in Belgium to 85.9% in Cyprus; this significantly increases for families with children due to family benefits and lower taxes.

Jan 22, 19:09

Layoffs and Return-to-Office Mandates Shake the US Job Market

In early 2025, BP, Meta, and Bridgewater announced workforce reductions of 5-7%, coinciding with President Trump's executive order mandating a return-to-office policy for 1.1 million federal employees, potentially leading to further job losses, driven by economic concerns, AI automation, and cost-cutting initiatives.

Jan 22, 13:11

Italian Teacher Burnout Crisis: Systemic Issues Threaten Education System

A study by Bicocca University in Milan reveals that nearly half of Italian teachers experience burnout, with 35% considering resignation due to systemic issues like excessive bureaucracy, overcrowded classrooms, and strained relationships, impacting the education system significantly.