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| September 20, 2018

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Papa John’s founder sues company’s board and CEO

September 1, 2018 |

Papa John’s International Inc. founder John Schnatter escalated his legal battle with the pizza chain, suing the board of directors and Chief Executive Steve Ritchie to “stop the irreparable harm” to the company that he said they’re causing.

The complaint, filed Thursday in Delaware Chancery Court,…


L.A. Times – Business

Papa John Now Alleges Sexual Misconduct

August 30, 2018 |

Getting Papa John out of the Papa John’s kitchen has done nothing to quell the heat between the pizza chain and its former CEO. A special committee of the chain’s board of directors penned a letter Wednesday accusing John Schnatter of “promoting his self-interest at the expense of all others…
Newser

Papa John’s Mandates Diversity Training as Founder Continues Push for Control

August 25, 2018 |

Papa John’s is mandating diversity training for its staff as founder John Schnatter pushes to regain control of the pizza company that executives say was destabilized by his divisive behavior.
WSJ.com: US Business

Papa John’s founder launches website to regain control of pizza chain after he used a racial slur

August 23, 2018 |

Papa John’s International Inc.’s founder, blocked from the pizza chain’s headquarters amid a deepening dispute with the rest of the board, is betting that franchisees and workers will have his back.

John Schnatter, who resigned as chairman last month, took out a full-page ad in the company’s hometown…


L.A. Times – Business

First the N-Word, Now a ‘Love Letter’ From Papa John

August 22, 2018 |

Who gets the kids in the divorce? John Schnatter is hoping it’s him. The former Papa John’s chairman, ousted in the wake of his use of the n-word while on a conference call , has published a full-page ad—or “love letter,” as the Louisville Courier Journal calls it—in Wednesday’s…
Newser

Papa John’s Blames Founder for Sales Drop

August 8, 2018 |

Sales were way down at Papa John’s outlets across the country in July—and “Papa John” himself is the reason why, the company says. President and CEO Steve Ritchie revealed Tuesday that sales were down 10.5% in July, and said “results have been challenged by recent events,” CNN reports….
Newser

Papa John’s founder sues the company, seeking documents related to his ouster

July 30, 2018 |

Papa John’s International Inc. founder John Schnatter is suing the pizza chain, demanding internal files related to directors’ handling of his ouster for using a racial slur during a media-training session.

Schnatter resigned as chairman this month but remains on the board and owns 29% of the company.


L.A. Times – Business

Papa John’s Founder Is Suing

July 27, 2018 |

The founder of the Papa John’s pizza chain filed a lawsuit Thursday seeking access to the company’s books and records following his resignation as chairman earlier this month amid reports that he used a racial slur during a media training session, the AP reports. In a complaint filed in Delaware’s…
Newser

Papa John’s adopts ‘poison pill’ to prevent founder John Schnatter from grabbing control

July 23, 2018 |

Papa John’s International Inc.’s board approved a “poison pill” plan to fend off any attempt by founder John Schnatter to gain a controlling interest as the pizza chain seeks distance from its controversial namesake.

Schnatter, 56, resigned as chairman this month after reports surfaced that he…


L.A. Times – Business

Papa John’s Board to Weigh ‘Poison Pill’

July 22, 2018 |

Papa John’s board members are planning to discuss and possibly vote Sunday on whether to adopt a “poison pill” to prevent its controversial founder from gaining control of the pizza chain.
WSJ.com: US Business