Friday, 21 September, 2018


Papa John's says founder resigns as chairman of the board

Papa John's founder apologizes for using N-word Papa John's founder apologizes for using N-word
Bennie Garza | 12 July, 2018, 19:56

The Forbes report prompted protest from the Louisville NAACP, which said Schnatter should either step down or be removed from the University of Louisville's board of trustees by the city's NAACP.

He added: 'Regardless of the context, I apologise'. "Simply stated, racism has no place in our society", he said in a statement, per CNN Money.

Schnatter also resigned from the board of trustees for the University of Louisville, the university said in a statement.

"Papa John's condemns racism and any insensitive language, no matter the situation or setting", a company spokesman told CNBC. Schnatter had left his position as CEO of Papa John's, which was an official sponsor of the NFL, in December after saying that NFL players should stand for the national anthem, and that the controversy around the issue had hurt the company's sales.

"And more importantly, by not resolving the current debacle to the player and owners' satisfaction, National Football League leadership has hurt Papa John's shareholders", Schnatter had said during the November 1 call. Late on Wednesday, it was announced he had resigned form the board. Schnatter confirmed in a statement that Forbes' report about the call was accurate.

According to Forbes, the 56-year-old also spoke about his early life in IN on the conference call, and claimed people used to drag African-Americans from trucks until they died. Schnatter had said that the comments were meant to show his opposition to racism, though others on the call reported being offended by the remarks.

Shelley Lewis, a spokeswoman for Laundry Service, declined to comment.

It's unclear if Schnatter will face discipline for his remarks.

According to an article in Forbes, the incident happened, ironically, during a call with a marketing agency about how to avoid future public relations crises. He remains chairman of the company he started when he turned a broom closet at his father's bar into a pizza spot.

In this image, John Schnatter (R), founder and chief executive of Papa John's Pizza, arrives at the 2011 American Music Awards in Los Angeles, Nov. 20, 2011.

Papa John's shares closed almost 5 per cent down at $48.33 on Wednesday.

According to Yahoo Sports, Major League Baseball indefinitely suspended its Papa Slam promotion in which the league dubbed each Grand Slam a "Papa Slam" and let baseball fans use an online code to get 40 percent off a Papa John's order the next day.

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