Synthaholic
Diamond Member
I’m still not going to eat his god-awful pizza.
Papa John’s Further Shuns Founder, Evicting Him From Offices
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Papa John’s International Inc.’s board put further distance between the pizza chain and its outspoken founder John Schnatter for using a racial slur, agreeing to review all ties to him, evict him from the headquarters, and remove him from all marketing materials.
A special committee of independent directors ordered the termination of a so-called founder’s agreement that designated Schnatter as the brand’s face and voice and is requesting he cease media appearances on behalf of the firm, the company said in a statement after a Sunday night board meeting. Though Schnatter resigned as chairman this month and no longer holds a formal management role, he remains on the board and still owns about 30 percent of the company’s shares.
Schnatter came under pressure after a media report that he used a racial slur and graphic descriptions of violence against minorities in a conversation with the company’s former media agency, Laundry Service. That was just months after he exited the chief executive officer job over critical comments about the National Football League’s national-anthem controversy.
Papa John’s Further Shuns Founder, Evicting Him From Offices
LINK
Papa John’s International Inc.’s board put further distance between the pizza chain and its outspoken founder John Schnatter for using a racial slur, agreeing to review all ties to him, evict him from the headquarters, and remove him from all marketing materials.
A special committee of independent directors ordered the termination of a so-called founder’s agreement that designated Schnatter as the brand’s face and voice and is requesting he cease media appearances on behalf of the firm, the company said in a statement after a Sunday night board meeting. Though Schnatter resigned as chairman this month and no longer holds a formal management role, he remains on the board and still owns about 30 percent of the company’s shares.
Schnatter came under pressure after a media report that he used a racial slur and graphic descriptions of violence against minorities in a conversation with the company’s former media agency, Laundry Service. That was just months after he exited the chief executive officer job over critical comments about the National Football League’s national-anthem controversy.