History of Domino's Pizza

Domino's Pizza started life as DomiNick's in 1960 founded by two brothers Tom and James Monaghan from Michigan. Within 8 months, James sold his share in the company to his brother, leaving Tom the sole owner of the pizza outlet.

In 1965 the company changed its name Domino's Pizza Inc and two years later opened its first franchise. By 1978 the company had expanded rpidly and boasted 200 franchises throughout the US.

After 38 years as the head and owner of Domino's, co-founder Tom Monaghan decided to hand over the reins to another company, Bain Capital, selling his 93% share of the firm for a whopping $1 billion in 1998.

The management team at Domino's is now headed up by Patrick J. Doyle who was announced as the Domino's CEO in March 2010.

The first UK Domino's Pizza store was opened in 1985, with the first outlet opening its doors in 1991. The pizza delivery giant has grown to great prominence in Britain in the last 25 years and now operates 620 across the country, with plans in place to introduce many more outlets throughout 2011.

Domino's Pizza is now the second largest home pizza delivery company in America and has a global presence with 9,000 corporate and franchise outlets operating across 60 different international markets employing 145,000 employees worldwide.