Domino's Pizza slides on word the CEO who engineered its turnaround is leaving
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Darren Weaver
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- Shares of Domino's Pizza fell nearly 5% to $196.77 a share Wednesday after CEO J. Patrick Doyle said he would be stepping down in June.
- Doyle was responsible for an impressive turnaround at the company, including a major reputation makeover and investments in new technology.
- Since Doyle became CEO in March 2010, the company's shares have gained 1,388%.
- Richard Allison, who is the president of Domino's International, will step in as the new CEO.
- Domino's stock has climbed 10.39% this year.
- View Domino's stock price in real-time here.
To read about some of the innovative things that Domino's was doing last year, click here.
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