Obama Administration Taps Longtime Domino’s Pizza Board Member

According to a report on PRnewswire.com, “Domino’s Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, announced that Dennis F. Hightower has departed its Board in order to accept President Obama’s nomination for Deputy Secretary of Commerce. The post requires that the nominee hold no other Board or management positions. Mr. Hightower served on the Domino’s Pizza Board of Directors since February 2003, serving on all three of the Board Committees during his tenure. Most recently Mr. Hightower was Chairman of the Audit Committee and a member of the Compensation Committee. Ms. Diana F. Cantor, a Director of Domino’s Pizza since October 2005, will replace Hightower as head of the Audit Committee. Ms. Cantor also serves on the Nominating and Corporate Governance Committee”

“In his resignation letter to Chairman and CEO David Brandon, Hightower said: ‘It has been both a privilege and a pleasure to have served the shareholders of this outstanding company since February 2003. The executive team that you have assembled over the years and that you have so ably led is “First in Class” in my experience serving on eight other boards over the past 14 years. I wish you, the members of the Board of Directors, the Leadership Team, and the many dedicated Domino’s team members throughout the world all the best for continued success.'”