Papa John's founder John Schnatter resigns as chairman over N-word controversy
7/12/2018 3:57 AM EST
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John Schnatter will step down as chief operating officer but remain chairman of the board.
Papa John’s founder John Schnatter resigned as the company’s chairman on Wednesday night after fallout over his use of the n-word during a conference call.
Company - Statement - Directors - Schnatter - Resignation
The company released a statement that said the directors had accepted Schnatter’s resignation.
“Papa John’s will appoint a new Chairman in a couple of weeks,” the statement read.
Forbes - Wednesday
Forbes reported earlier on Wednesday...
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