Tag: Dominos

Domino’s names new EVP, chief technology officer | 2020-09-22

ANN ARBOR, MICH. — Kelly Garcia has been promoted to executive vice president and chief technology officer of Domino’s Pizza, Inc., effective Oct. 2. He replaces executive vice president and chief information officer Kevin Vasconi, who plans to retire Oct. 2.

Mr. Garcia joined Domino’s in 2012 as vice president of e-commerce development. In 2016, he was named senior vice president of e-commerce development and emerging technologies, and in 2019 he became senior vice president and chief technology officer. Prior to his time at Domino’s, Mr. Garcia was vice president of business intelligence and North American operations for R.L. Polk & Co., where he spent eight years. Earlier in his career, Mr. Garcia was a manager at Capgemini, E & Y Consulting and Ernst & Young.

“Under Kelly’s leadership, Domino’s has revolutionized online ordering for the quick-service restaurant industry and introduced the AnyWare suite of digital ordering platforms,” said Ritch

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Domino’s Promotes Kelly Garcia to Chief Technology Officer

Domino’s Pizza announced the promotion of Senior Vice President—Chief Technology Officer Kelly Garcia to executive vice president—chief technology officer, effective October 2. Garcia will join the company’s senior leadership and will report to Domino’s Chief Operating Officer Russell Weiner.

Garcia replaces Executive Vice President—Chief Information Officer Kevin Vasconi, who has announced his retirement from Domino’s, effective October 2.

“Under Kelly’s leadership, Domino’s has revolutionized online ordering for the quick service restaurant industry and introduced the AnyWare suite of digital ordering platforms,” says Domino’s Chief Executive Officer Ritch Allison. “Domino’s is recognized worldwide for digital innovation, and we are extremely proud to have Kelly take the reins over the technology team, which numbers more than 400 talented individuals committed to making us even better.”

Garcia joined Domino’s in 2012 as vice president—eCommerce development. In addition to the ordering platforms making up the Company’s AnyWare suite, Garcia and team launched Domino’s GPS

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Domino’s Upgraded to Outperform at Cowen on Profit Prospects

Domino’s Pizza  (DPZ) – Get Report shares on Friday firmed after Cowen analyst Andrew Charles upgraded the country’s largest pizzeria chain to outperform from market perform, lifting his share-price target to $450 from $445.

The company has benefited from pizza orders by consumers stuck at home during the coronavirus pandemic.

Domino’s can exceed expectations for earnings and sales comparisons in 2020-2022, Charles wrote in a report cited by The Fly. 

That’s because of “proactive measures” to advance its already strong position while boosting market share from the current level of 51% in the quick-service restaurant/pizza category, he said.

Charles predicts 14% earnings growth for 2021-2023. And the stock’s valuation is “attractive on a total-return basis,” he said.

Domino’s shares recently traded at $397.92, up 2.3%. They have jumped 32% this year.

Morningstar analyst R.J. Hottovy is bullish on Domino’s business.

“We had expected Domino’s to be one of

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