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Spend the slice of pepperoni with a glbad of racism to water it with
NEW YORK – Papa John's founder John Schnatter resigned from his position as chairman of the board of directors [19659003]. Schnatter is excused for using a racial insult during a conference call in May.
Forbes stated that Schnatter used the word N during a media training exercise. Asked how he would distance himself from racist groups, Schnatter reportedly complained that Colonel Sanders had never suffered a blow for using this word
John Schnatter, a member of the board of directors of University of Louisville, was listening to the discussion on the employment of sports director Tom Jurich. Wednesday, October 18, 2017, in Louisville, Ky.
Timothy D. Easley /
AP
In a statement issued by Louisville, Kentucky-based Papa John, Schnatter said reports attributing the use of "inappropriate and offensive" language to him were true.
"No matter the context, I apologize," the University of Louisville also said Wednesday that Schnatter has resigned from his board of directors, effective immediately.
Schnatter resigned from his CEO position last year after blaming the slowdown in sales growth. National anthem. He remains president of the company that he created when he turned a broom closet at his father's bar into a pizzeria.
Papa John's shares fell close to 5% on Wednesday after the report, closing at $ 48.33.
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