TOL - 28th Jan, 2023
How Domino's boss Don Meij built a $5.7bn global pizza powerhouse from the suburbs of Brisbane
Don Meij hails from Rockhampton but made his name in pizzas. He shares all in this first episode of SAMIS' third season.
None of it really makes sense. A young man from Queensland teaching the world about pizzas.
Don Meij was born in Rockhampton, Queensland, moving around as a child before landing at Redcliff in North Brisbane. He trained to be a teacher but somehow got hooked on being the best pizza delivery person in the district.
The next step was to become a franchised shop owner of a small chain called Silvio’s-dial-a pizza. Silvios merged with Domino’s Pizza within a few years, and Meij was at the helm in Australia. A meteoric rise from a delivery boy.
Don, though, was just getting started. Domino's was cooking its competitors; in 2005, the company was listed on the ASX. Meij and his ambitious team, with the support of its major shareholder, fast food king Jack Cowin, were preparing to take on the world.
Today, Domino's Pizza (ASX: DMP) is an ASX 100 company valued at more than $5.7 billion with a growing global footprint. While it has been a whirlwind ride, there has also been some indigestion. Battles with disgruntled franchisees and the emergence of multiple food delivery companies have tested the leadership of Meij. Now he has global inflation to contend with.
Never one to shy away from a challenge, Meij seems as energetic as ever. The latest episode in the Success and More Interesting Stuff podcast takes you inside the Domino's journey.
The episode is now live below and you can follow all the Success and More Interesting Stuff podcast on all major podcast platforms.
Time codes:
- 0:00 - Intro
- 1:57 - Early Life
- 8:25 - Early Lessons in business
- 19:28 - Growing Domino's
- 21:59 - How the big decisions are made
- 31:22 - Future of Domino's
- 44:15 - Lessons from Domino's
- 48:35 - Long-term future of Domino's
- 53:20 - Outro
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Matthew is the Principal and Portfolio Manager at Centennial Asset Management. Prior to this, Matthew was the CIO at Wilson Asset Management between 1998 and 2011, achieving 18% p.a. over the period.
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Matthew is the Principal and Portfolio Manager at Centennial Asset Management. Prior to this, Matthew was the CIO at Wilson Asset Management between 1998 and 2011, achieving 18% p.a. over the period.
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Matthew is the Principal and Portfolio Manager at Centennial Asset Management. Prior to this, Matthew was the CIO at Wilson Asset Management between 1998 and 2011, achieving 18% p.a. over the period.
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