Domino's Pizza names insider Joe Jordan CEO

June 22 (Reuters) - Domino's ‌Pizza on ​Monday ​named Chief Operating Officer Joe Jordan as CEO, counting on his extensive experience ‌with the company to lead it through an ⁠uncertain economic environment where consumers are keeping a tight ‌watch on their spending.

Jordan, ‌53, has held senior roles across marketing and other functions during his 15 years with the ​company and succeeds Russell Weiner, who is set to retire after a little over four ⁠years as the company's top boss.

Weiner will take over as the ​company's executive chairman-designate on October 1.

In April, Domino's forecast softer annual growth both in ​the U.S. and in international ‌markets as it contends with weaker consumer spending and stiff competition.

The company's ⁠shares were down about 1.8% at $289.81 in extended trading.

"We view this as an orderly change in ranks but ⁠are surprised by the timing midway through the 5-year Hungry ​For More plan and at a time when we sense U.S. comparable sales are under pressure," TD Cowen analyst ‌Andrew Charles said.

Jordan's annual base salary as CEO would be $925,000, and he ‌would be eligible for a target annual bonus ⁠of 200% of his ‌base pay, the ​company said in a regulatory filing.

(Reporting by Juveria Tabassum in Bengaluru; Editing by Anil ‌D'Silva)

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