Posts Tagged ‘John Schnatter’

Papa John’s to Replace Founder with Rap Star

(2018-07-12) — Hours after Papa John’s founder and Chairman John Schnatter left the company after admitting using “the N-word” on a phone call with consultants in May, the restaurant chain said it would fill his position on the board of directors with a hip-hop and rap star “whose work everyone knows.”

While not explicitly naming the entertainer who will chair the board, a Papa John’s spokesman said the company “seeks racial diversity on its board, and wants someone who’s not tone deaf, and yet who can say anything without generating a news story, or a public relations crisis.”

Schnatter stepped down as CEO last year under duress after noting that Papa John’s sales suffered when the NFL’s audience shrunk because of National Anthem protests by some players. In his latest offense, Schnatter said on a conference call that KFC’s Colonel Sanders had used to use the N-word to describe Black people.

Papa John’s stock rebounded on news of the Chairman’s departure, as investors we’re reassured that the company is now utterly free of racial bias and hate.

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