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Obama Administration Taps Longtime Domino's Pizza Board Member
Thursday, July 30, 2009 4:30 PM


Dennis Hightower Nominated to Become Deputy Secretary of Commerce

ANN ARBOR, Mich., July 30 /PRNewswire-FirstCall/ -- 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."

David Brandon said: "Dennis has served our company with distinction and will now be serving his country with the same passion and commitment. He has once again answered an important call to public service. We thank him for his many years of service to our shareholders and our company. We will miss him; and wish him all the best."

He added: "We are very fortunate to have Diana Cantor to take over for Dennis as the Chair of our Audit Committee. Her experience as a member of the Board of Domino's Pizza, combined with her many other qualifications, make her the perfect fit for this position. Our thanks go out Diana for accepting this important role."

Over a 30-year career, Hightower has become a seasoned business executive gaining broad respect from professionals across many industries - from the entertainment industry; to management consulting and manufacturing; to higher education. His global management experience spans the private and public sectors, including experience in corporate oversight, global marketing, strategic planning, operations and international general management. A leader in corporate governance and accountability, Hightower has served on the Boards of Directors of Accenture, the Gillette Company, Northwest Airlines, and PanAmSat Corporation, among others, in addition to his serving on the Domino's Pizza Board. Mr. Hightower holds an M.B.A.



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