Papa John's prohibits founder John Schnatter from talking to the press, ejects him from headquarters
Source: CNBC
Link to tweet
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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.
"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," Papa John's said in a press release late Sunday.
The company created a special committee of independent directors to evaluate the ties between Papa John's and 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
Read more: https://www.google.com/amp/s/www.cnbc.com/amp/2018/07/16/papa-johns-further-distances-itself-from-founder.html
It's about Dam time!
LEW
(1,072 posts)A long two years of absolute ugliness to, maybe finally, a start to reckoning.....
bucolic_frolic
(43,128 posts)but you give up a lot of control when floating shares, like answering to banks, BOD's, the press, the SEC ....
hibbing
(10,096 posts)They can't just say racist. Just like the woman who spray painted the N word and Hail Trump on her neighbors house, saw that referred to as "racially charged" also.....weak.
Peace
DeminPennswoods
(15,278 posts)something else?
Initech
(100,063 posts)The Papa John's company would be wise to think about a name change / rebranding so they don't get lumped in with that douchebag, it would be good for them in the long haul.
eggplant
(3,911 posts)LakeArenal
(28,817 posts)But when she gets here, she can be .....
Justice.
47of74
(18,470 posts)Marie Marie
(9,999 posts)House of Roberts
(5,168 posts)Too many other options closer to home.
AZ8theist
(5,456 posts)He went around bitching and moaning about how he would have to raise prices because of the law. Cheapskate has millions, but wouldn't even consider health care for his minimum wage employees making his shit pizza.
And his pizza IS GARBAGE. The box it comes in has more taste than the pie.
FSogol
(45,476 posts)The guy is a serious POS.
susanr516
(1,425 posts)And they liked Chuck E Cheese's. And Little Caesar's. And Peter Piper's. And frozen pizza. And microwave frozen pizza. And pizza rolls. And Hot Pockets pepperoni pizzas.
BumRushDaShow
(128,844 posts)reACTIONary
(5,770 posts)....id saw somewhere between the 4th (Greed), and 5th (Wrath) circle.
https://goo.gl/images/v6JJhx