'Papa John' Schnatter evicted from company headquarters in Louisville

Fox News | 7/16/2018 | Michael Bartiromo
n.kingn.king (Posted by) Level 3
Click For Photo: http://a57.foxnews.com/media2.foxnews.com/BrightCove/694940094001/2018/07/12/0/0/694940094001_5808463879001_5808417067001-vs.jpg?ve=1

John Schnatter quits as chairman after using racial slur during a conference call on how to handle controversial situations.

“With respect to John H. Schnatter," the board of directors at Papa John’s says “Papa John” Schnatter will no longer have a work space at the company headquarters in the wake of his latest controversy.

Sunday - Papa - John - International - Inc

On Sunday, Papa John’s International, Inc. issued a press release stating that the company will be terminating a sublease agreement with Schnatter, which had allowed him the use of office space within the building.

The decision came following the board’s previous actions toward terminating Schnatter’s “founders agreement,” and removing his likeness from marketing materials after he admitted to using the N-word during a conference call in May 2018.

Mr - Schnatter - Role - Management - Company

“Since Mr. Schnatter no longer has an active role with the management of company’s business, the special committee [of the board of directors] also approved and directed the company to terminate a sublease agreement granting Mr. Schnatter the right to use certain office space at the company’s corporate headquarters in Louisville, Kentucky,” the press release reads.

Papa John’s International says it has further asked Schnatter to refrain from speaking to the media about the pizza chain. The company will also “oversee” an investigation “related to diversity and inclusion.”

Schnatter - Controversy - July - Forbes - Schnatter

Schnatter’s latest controversy began on July 11, when Forbes reported of Schnatter’s use of the racial slur during a May conference call with a marketing firm. The firm, Laundry Service, was reportedly speaking to Schnatter to “prevent future public-relations snafus” following a November 2017 incident, during which then-CEO Schnatter blamed the company’s struggling third-quarter sales on the NFL’s handling of players' national anthem protests.

During the call, Schnatter...
(Excerpt) Read more at: Fox News
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!