Papa John's Stock Soars After Founder Resigns For Using N-Word

John Schnatter's likeness is on Papa John's pizza boxes

John Schnatter's likeness is on Papa John's pizza boxes

An ECU marketing professor says, the company is going to have to make some major changes to maintain it's image. "I don't know how quickly that will be, but it's to move very quickly".

The Senate majority leader addressed reports that the Louisville-based pizza chain's founder, John Schnatter, used a racial slur during a conference call in May.

"Mr. Schnatter's comments were offensive and inexcusable", the club said in a statement provided to The Times.

Schnatter originally stepped down as Papa John's CEO in December 2017, after claiming that the NFL's handing of player protests contributed to the company's third-quarter earnings slump.

"Anytime you're dealing with humans, you have no fallback", he said.

Papa John's founder John Schnatter has resigned as chairman of the board.

"He was very supportive of our taking the name off", she said. Schnatter's hometown of Jefferson, Indiana, already removed his name from a basketball gym and his photo was removed from the city's Wall of Fame.

"There's too much hurt around the name", Bendapudi said.

Bendapudi told reporters in Louisville on Thursday that the school would be evaluating the naming rights deal for the football stadium.

"I've often joked that pizza is the great equalizer in our society", Bendapudi said. Maybe it's just a confluence of the ineptitude of multiple huge business interests, leaving room to wonder once again how some people have managed to get ahead as far as they have in this world, like the pizza-faking racist who's now out of a job. So, please remember. There are 120,000 people and their families and their livelihoods associated with it. "They do not in any way represent what we stand for at the Seattle Mariners". We believe in Better and are focused on that in our words and actions to positively impact the communities we live in and serve.

Top executives chose to remove Schnatter but details are still being worked out.

Papa John's worldwide is now removing all images of Schnatter from their marketing.

Schnatter, who appears in the chain's commercials and on its pizza boxes, remains chairman of the board at the pizza chain. The NFL announced it was ending a partnership with the company earlier this year.

Schnatter - always been the face of Papa John's brand - is still the company's largest shareholder and remains on its board, but top executives plan on removing his image from marketing materials following the latest controversy. In addition to that being suspended, the Rangers will no longer show any Papa John's signage during home games.

This decision is the first of several key steps to rebuild trust from the inside-out.

That suspension includes the closing of Papa John's concessions at Marlin's Park, according to the Miami Herald. And he said senior managers will hold "listening sessions" to give employees a platform for any concerns.

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