The finance head of pizza delivery giant Domino’s Pizza drowned while snorkelling in Mauritius on Boxing Day, reports Accountancy Daily.
David Bauernfeind, 51, was found floating in a lagoon off the island’s Belle-Mare region, where he had been staying with his wife and daughter since 19 December.
He had gone snorkelling on his own and it is believed that he got into difficulty with strong currents in the water.
His body was discovered by a yacht skipper in the Indian Ocean after his wife Nicolette reported him missing.
Bauernfeind’s body was taken to Victoria Hospital for a post mortem, where the cause of death was recorded as asphyxia due to drowning, according to local reports.
Bauernfeind had been with Domino’s as chief financial officer and executive director since October 2018 and was a member of the board.
He was previously CFO of Connect Group plc, the newspaper and magazine distributor and prior to this, he was CFO and executive director at Xchanging plc.
He joined Xchanging as a small start-up in 2001 and remained with the company for 15 years as it grew into an established business and listed on the London Stock Exchange with 7,000 people across three continents.
He was also chair of the audit committee and a member of the remuneration and nomination committees of Gooch & Housego plc.
Ina statement Domino’s said: ‘Our chief financial officer, David Bauernfeind, died in a tragic accident on Thursday, 26th December whilst on holiday with his family.’
David Wild, chief executive officer at Domino’s, said: ‘We are all deeply shocked and saddened by this tragic news.
‘On behalf of our board, our colleagues and our franchisees, we send our heartfelt sympathies to David’s wife Nicolette and daughter Ornella as well as his wider family and friends.
‘David was hugely liked and deeply respected for his dedication and sharp intellect amongst Domino’s colleagues.
‘He was a force for good within the business and will be greatly missed.’
Domino’s has confirmed that local authorities were treating the death as drowning, although it is understood that an investigation is underway.