Britain's biggest pizza delivery firm has seen its share price fall flat after its boss decided to quit.
Domino's Pizza's share price dropped more than 9% in early Friday trading after it confirmed that chief executive Lance Batchelor would leave next year.
The company was already due to make a trading statement on Friday, December 13.
Its share price has eased around a third in the last year.
"Lance has been offered a new role in a significant private equity backed company and as a result has tendered his resignation," Domino's chairman Stephen Hemsley said in a statement.
"His new company operates in a non-competing sector."
Domino's said Mr Batchelor would stay with the firm until April 30 and added that it had begun the search for a replacement.
The negative investor sentiment to Mr Batchelor's departure shows how much the market has placed on his leadership at the company.
Domino's has had a string of successes since the recession as cost-conscious consumers moved from dining out at restaurants to eating takeaways at home.
It has also embraced online ordering technology, with more than 55% of all orders last year being made through the internet.
It said that in 2012 one-in-five orders was made on a mobile device - double the rate in the previous year.
Domino's full-year results to the end of 2013 are expected to show an even greater mobile device ordering take up.
It sold 61 million pizzas in 2012 and opened a record 69 stores.
London-listed Domino's now operates more than 800 stores and operates and franchises outlets in several other countries, including Ireland, Germany and Switzerland.
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