Restaurant Brands Appoints Former Domino's CEO Patrick Doyle As Chair

Restaurant Brands International Inc QSR has appointed former Domino’s Pizza Inc DPZ Chief Executive Officer Patrick Doyle as its Executive Chairman.
The appointment follows significant progress and investments at Tim Hortons Canada and Burger King U.S.
As the former CEO of Domino's Pizza from 2010 to 2018, Doyle oversaw the pizza chain’s transformation into a digital powerhouse. During his tenure, he delivered 29 consecutive quarters of same-store sale increases, and system-wide sales growth of $5.6 billion to $13 billion.
Daniel Schwartz and Alex Behring will continue to serve on the Board of Directors.
Doyle will make a personal investment to purchase 0.5 million Restaurant Brand shares for a value of about $30 million and has agreed to maintain his investment for five years.
Price Action: QSR shares closed lower by 0.18% at $59.74 on Tuesday.
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