Obama Administration Taps Longtime Domino's Pizza Board Member

Domino's Pizza, Inc. (NYSE:DPZ) 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. degree from the Harvard Business School and a B.S. degree and honorary doctorate from Howard University.

If he is confirmed by the Senate, Hightower will take control of an office that provides management oversight to the Department's twelve bureaus, overseeing operations totaling more than $17 billion dollars.

Diana Cantor, C.P.A, replacing Hightower as Audit Committee Chair, is a Managing Director of New York Private Bank and Trust, the wealth management division of Emigrant Bank, and was the founding Executive Director of the Virginia College Savings Plan, the state's 529 college savings program, from 1996 through 2007. Ms. Cantor served seven years as Vice President of Richmond Resources, Ltd. from 1990 through 1996, and as Vice President of Goldman, Sachs & Co. from 1985 to 1990.

Ms. Cantor holds a JD from the New York University School of Law and is a member of the State Bar Associations of Virginia, New York and Florida. Cantor also serves on the Board of Directors of Media General, Inc. Ms. Cantor currently resides in Richmond, Virginia with her husband Rep. Eric I. Cantor, and their three teenagers.

Logos, product and company names mentioned are the property of their respective owners.

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