Papa John's CEO Steps Down Following Controversial Remarks On NFL
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Title : Papa John's CEO Steps Down Following Controversial Remarks On NFL
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Title : Papa John's CEO Steps Down Following Controversial Remarks On NFL
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John Schnatter, the founder of the Papa John's pizza chain, will step down as CEO in the wake of controversial comments he made last month about the NFL's handling of the anthem protests.
Schnatter will be replaced on Jan. 1 by the company's chief operating officer, Steve Ritchie. Schnatter will remain chairman of the board.
The 56-year-old founder of the chain came under fire after remarks he made during the company's third-quarter earnings call. He said Papa John's — a National Football League sponsor and advertiser — had been "hurt" by the "take a knee" protest led by African-American players to draw attention to police brutality.
"And more importantly, by not resolving the current debacle to the player and owners' satisfaction, NFL leadership has hurt Papa John's shareholders," Schnatter had said during the Nov. 1 call.
"Leadership starts at the top, and this is an example of poor leadership," he said.
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Schnatter will be replaced on Jan. 1 by the company's chief operating officer, Steve Ritchie. Schnatter will remain chairman of the board.
The 56-year-old founder of the chain came under fire after remarks he made during the company's third-quarter earnings call. He said Papa John's — a National Football League sponsor and advertiser — had been "hurt" by the "take a knee" protest led by African-American players to draw attention to police brutality.
"And more importantly, by not resolving the current debacle to the player and owners' satisfaction, NFL leadership has hurt Papa John's shareholders," Schnatter had said during the Nov. 1 call.
"Leadership starts at the top, and this is an example of poor leadership," he said.
More
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