General Discussion

A HERETIC I AM

(24,365 posts)

16. Yes they could.

Fri Jul 13, 2018, 04:20 PM

Jul 2018

But the Board would have to put it up for a vote. If the board didn't do that, nothing would change.

I own a few shares various companies (no Papa Johns however) and when I get notices of shareholder meetings and the agenda, it is already laid out as to what would be voted on. It would take a concerted effort by all the shareholders to convince the board to put such a thing on the agenda.

Frankly I think they'll get past it. We both know people's memory is short, and this will indeed blow over. Schnatter is off the board and as long as he keeps his mouth shut, no one will remember this in 6 months.

Recall if you will the E Coli outbreak at Jack-In-The_Box restaurants in the 90's.

Not only did they survive, they are, from what I understand, the industry leader in proper food handling techniques these days.

The point is, companies are able to get past bad press.

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I'm guessing in 30 days Papa John's Pizza will be sold to someone & name changed. [View all] Stuart G Jul 2018 OP

Sure looks like the probable out come. Wellstone ruled Jul 2018 #1

why? what'd i miss? pnwest Jul 2018 #2

Here is a link to the story on Democratic Underground.. Stuart G Jul 2018 #3

thank you :) pnwest Jul 2018 #7

The n-word scandal. MrsCoffee Jul 2018 #4

"Flush Papa Johns" - my new slogan - like it? n/t Locrian Jul 2018 #5

Not bad...this could go down as one of the dumbest things ever said by an owner... Stuart G Jul 2018 #6

This is a famous case in the UK BritVic Jul 2018 #10

It's publicly traded. A HERETIC I AM Jul 2018 #8

Thanks for the information. Couldn't stock holders vote on name change? Stuart G Jul 2018 #9

Yes they could. A HERETIC I AM Jul 2018 #16

Yep. Dick-with-ears is still the largest shareholder. Hassin Bin Sober Jul 2018 #12

He does still have to answer to the Board of Directors, however. A HERETIC I AM Jul 2018 #18

Too complicated. Just say and sell "improved pizza" lunatica Jul 2018 #11

I ate one Papa's pizza, never touched another. It was bad. nt Blue_true Jul 2018 #13

I'm guessing in 30 days, nobody will remember that this story happened. brooklynite Jul 2018 #14

New buyer may even change the pizza. left-of-center2012 Jul 2018 #15

Dominos was $209/share last year exboyfil Jul 2018 #17

UofL decided today to take his name off the football stadium! Roland99 Jul 2018 #19

They Should Change SDJay Jul 2018 #20

I believe Americans have short memories Algernon Moncrieff Jul 2018 #21

It's disgusting pizza. GaYellowDawg Jul 2018 #22