Domino’s Pizza seeks fourth finance boss in four years

Domino's

Domino’s Pizza boss David Wild was looking for his fourth finance chief in as many years running the company on Tuesday after the latest incumbent abruptly left.

Rachel Osborne, who joined in October 2016, left the business with immediate effect yesterday and Domino’s has started a hunt for her successor. Since taking over Domino’s in 2014, Wild has gained a reputation as a tough man to work for, already seeing off Sean Wilkins — appointed by Wild’s predecessor Lance Batchelor — and then ex-Moneysupermarket numbers man Paul Doughty.

Sources said that Osborne “wasn’t working out” and called the move a decision of the wider board. She earned £584,000 last year and has been paid according to her contract, which entitles her to six months’ notice. Chairman Stephen Hemsley said the firm was “grateful” for her hard work and Osborne — who was formerly finance director at the John Lewis Partnership — said she had “very much enjoyed” her time with the company. One headhunting source called her an “excellent CFO”, adding that Domino’s was “a bit of a revolving door”.

Domino’s maintained its outlook and confidence for this year after the departure, though a jittery City drove shares down 23.1p, or 6%, to 362.2p.