Monday, July 16, 2018

Papa John Schnatter Ousted From Company Headquarters


Papa John's continued to distance itself from founder John Schnatter over the weekend, prohibiting him from talking to the press, removing him from the pizza chain's advertising materials and revoking his office space at the company's headquarters, reports CNBC.

"The company has specifically requested that Mr. Schnatter cease all media appearances, and not make any further statements to the media regarding the company, its business or employees," the company said in a press release late Sunday.

The company created a special committee of independent directors to evaluate the Papa John's ties to its founder after he admitted last week to using a racially charged slur during a May conference call.

The committee terminated Schnatter's "Founder Agreement," which designated him as the face of the company's advertising and marketing, and terminated his sublease agreement for office space at Papa John's Louisville, Kentucky headquarters.

Schnatter resigned as CEO in December and stepped down as chairman last week following several media blunders that started last fall when he blamed the NFL for its "poor leadership" in handling player protests during the national anthem.

Schnatter, who owns a 24 percent stake in Papa John's, remains on the company's board.

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