Papa John's is surging after founder John Schnatter resigns from board and apologizes for using a racial slur (PZZA)
Thursday, 12 July 2018 **
· *Papa John's founder and executive chairman John Schnatter resigned Wednesday following a public apology for using a racial slur on a conference call in May. *
· *The pizza stock surged more than 5% in early trading Thursday, erasing some of its heavy losses from Wednesday.*
· *Follow Papa John's stock price in...
Pizza chain Papa John’s International said its founder and former chief executive, John Schnatter, resigned as chairman of the board after backlash for using a racial slur on a conference call. Chris Dignam reports.
Papa John's is hopeful it can bring founder John Schnatter along with the recently announced Starboard Value deal.
According to Business Insider, Monday the company announced a $200 million investment..
Papa John's CEO is hoping to bury the hatchet with its disgraced founder following a new $200 million strategic investment from the hedge fund Starboard Value. "What I believe is that we made the best..
Papa John's is hoping to bring back founder John Schnatter, says Business Insider. Schnatter resigned as chairman in July 2018 after he used a racial slur on a media training conference call. Negative..