'Papa' John Schnatter is finally leaving the Papa John's board
Papa John's pride and joy is finally up for adoption.
John Schnatter — also known as the Papa John of pizza fame — was progressively sliced from the company he founded after serving up a slew of insensitive comments. He somehow remained on the Papa John's board through it all, but that's about to change, a Tuesday securities filing shows.
In the filing, the Papa John's board said it and Schnatter agreed he would resign from the board if it finds an independent director before its annual shareholder meeting, per CBS News. If that doesn't happen, Schnatter's term on the board will still expire. Schnatter will also have to scrap two lawsuits against the company, the agreement says. Schnatter still has a 30 percent stake in Papa John's, but that doesn't appear to be changing, Reuters notes.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Schnatter's issues began when he blamed the NFL's national anthem controversy for his company's slowing sales, forcing him to step down as CEO in December 2017. He then used the N-word in a racial sensitivity training session, and had to step down as the Papa John's board chairman last July. Schnatter begged the company to take him back with a subsequent — and very uncomfortable — ad campaign, but that apparently couldn't save him from Tuesday's consequences.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
Today's political cartoons - May 11, 2024
Cartoons Saturday's cartoons - bathroom blues, family feud, and more
By The Week US Published
-
5 blustery cartoons about the Stormy Daniels testimony
Cartoons Artists take on gag orders, lurid details, and more
By The Week US Published
-
The Idea of You review: 'impossible escapism' starring Anne Hathaway
The Week Recommends Steamy romcom about a 40-year-old who falls for a boy band singer
By The Week UK Published
-
Puffed rice and yoga: inside the collapsed tunnel where Indian workers await rescue
Speed Read Workers trapped in collapsed tunnel are suffering from dysentery and anxiety over their rescue
By Sorcha Bradley, The Week UK Published
-
More than 2,000 dead following massive earthquake in Morocco
Speed Read
By Justin Klawans Published
-
Mexico's next president will almost certainly be its 1st female president
Speed Read
By Peter Weber Published
-
North Korea's Kim to visit Putin in eastern Russia to discuss arms sales for Ukraine war, U.S. says
Speed Read
By Peter Weber Published
-
Gabon's military leader sworn in following coup in latest African uprising
Speed Read
By Justin Klawans Published
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstances
Speed Read
By Peter Weber Published
-
Western mountain climbers allegedly left Pakistani porter to die on K2
Speed Read
By Justin Klawans Published
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governor
Speed Read
By Peter Weber Published