Trip.com Shares Tumble After Q1 Profit Drops and Weak Revenue Growth Outlook 
Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices 
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy 
Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million 
Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy 
Johns Hopkins University Lays Off 110 Employees as Federal Research Funding Declines 
SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business 
Ryan Cohen Rejects GameStop Pay Package, Prepares New eBay Acquisition Plan 
FedEx Stock Drops After Weak 2026 Earnings Forecast Despite Strong Q4 Results 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
KPMG Australia Chairman and Senior Partners Exit Amid Escalating Whistleblower Scandal 
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe 
Donatos Pizza has appointed a new chief executive officer, Tom Krouse, as the current leader, who is stepping down. The Columbus-style pizza restaurant chain headquartered in Gahanna, Ohio, announced on Wednesday, May 1, that its CEO is retiring and will officially leave in October.
Nation's Restaurant News reported that Krouse is set to retire after leading Donatos Pizza as its chief for 14 years. He was assigned this role in 2010, so this would be the company's first leadership change in over a decade.
Long Work History at Donatos Pizza
The pizza chain's CEO joined the company for the first time in 2000. Before this, he spent more than 13 years as vice president of marketing for Wendy's fast-food restaurant chain.
When he was hired at Donatos Pizza, he held various executive roles and was finally promoted to president and CEO after 10 years in the firm. As the leader, Krouse directed the brand's franchise expansion and led the development of Jane's Dough Premium Foods, the chain's retail business unit.
"When Jane and I promoted Tom to President and CEO, we knew we were about to embark on a new chapter of growth and innovation," Donatos Pizza founder Jim Grote said in a press release. "Tom's leadership and passion have had a profound impact on our family business. He has built a solid foundation for a prosperous future."
Krouse's Successor as CEO
As the 65-year-old chief is leaving the office in five months, Donatos Pizza promoted Kevin King as his replacement. He has been the brand's president for two years now.
King is a veteran in the restaurant industry and previously worked as chief development officer of Smoothie King for six years. He also served as CDO for Papa Murphy's.
As the incoming Donatos Pizza CEO, King will prioritize the company's growth and innovation. He will use the brand's strong foundation and core values to expand and reach more markets.
Photo by: Donatos Pizza Media Asset
