Domino’s gets a new CEO amid slowing sales—but is it enough to save pizza chains?

After Domino’s Pizza’s first-quarter sales fell far below projections, the world’s largest pizza chain named a new CEO in hopes of turning things around. In a Monday press release, the company named Joe Jordan, the current COO and president of Domino’s U.S., as CEO effective October 1. Domino’s current CEO, Russell Weiner, will become executive chairman. Jordan has held various executive roles across marketing, innovation, and other departments during his 15 years at Domino’s. Most recently, Jordan was recognized for leading the relaunch of Domino’s loyalty and e-commerce platforms, and the...