Papa John's Pizza Founder Steps Down, Blamed NFL Protests For Sagging Sales

23 December, 2017, 01:59 | Author: Jacqueline Daniels
  • John Schnatter

Papa John's says its founder John Schnatter will step down as CEO next month, about two months after he publicly criticized the NFL leadership over national anthem protests by football players.

"The NFL has hurt Papa John's shareholders", said Papa John's Founder "Papa" John Schnatter during a November 1 conference call to investors.

UN Security Council Applies New Sanctions on North Korea
North Korea has repeatedly defied Security Council resolutions to halt its nuclear weapons and missile testing. It requires countries using North Korean laborers to send them back home within 12 months.

He said the practice of players kneeling during the anthem to raise awareness of police brutality and social injustice hurt the NFL's TV ratings, which in turn hurt sales of his pizza, which is advertised heavily during games. "The statements made on our earnings call were describing the factors that impact our business and we sincerely apologize to anyone that thought they were divisive", the company tweeted. Schnatter, meanwhile, will remain with the company as Chairman and founder. The company later became a huge success with Schnatter also turning into a pop culture staple for his commercials.

The Papa John of Papa John's is stepping down as CEO of the pizza chain effective January 1, CNN reports.

'Mamma Mia!' indeed. Is Meryl Streep killed off in the upcoming sequel?
That's the set up for the flashbacks, and it has fans wondering why Rosie refers to Donna Sheridan in the past tense. And it's clear just how much we missed her from the tweets that came pouring in after her trailer cameo.

Ritchie, 43, has been a longtime employee with Papa John's. The company generates approximately $1.4 billion in revenue per year. "We do not want these individuals or groups to buy our pizza", the company said following the post on Papa John's being the official pizza of the alt-right. He stepped down in 2005, but returned in 2008. Papa John's added Ritchie to the succession plan for the company's top job in 2015 when he was named president. Schnatter announced his decision when the market closed. In 2010, he took on a co-CEO, Jude Thompson, but that arrangement ended the following year.

For the good of Papa's shareholders, hopefully Ritchie can still deliver the dough.

Fifth flu season death in San Diego region reported
Masks must be donned when there are two or more laboratory-confirmed, unrelated influenza cases in the county. There is no charge for employees and volunteers to get the shots, say MCMC officials.



Vince McMahon sells $100M of WWE shares, potentially to restart XFL
McMahon - who's now 72-years old - wants to right some old wrongs and he could be thinking about reviving the XFL . The XFL , which was a joint venture between WWE and NBC , was supposed to be a direct competitor to the NFL.

USA secretary of commerce sides with Boeing on Bombardier dispute
International Trade Commission, which is expected to decide in February whether Boeing was harmed by the C Series. Canada's government will review the final determinations to consider next steps and options for appeal, she said.

Apple admits to slowing older iPhones over battery issues
Like most people, you might be considering the option of replacing the phone entirely without attempting to have it checked out. And because it's so gradual, progressively shorter battery life is ignored by most people, until it's time for a new iPhone.

Watch the incredible Bristol City celebrations after they knock Utd out
On the same night, Manchester City defeated Leicester City by penalties to qualify to the semi-finals. Yet City, who are third in the Championship and hunting promotion to the top-flight, kept believing.

Judges Erase One-Vote Lead In Virginia, Throwing State Politics Into Disarray
The official, Kenneth Mallory, wrote that the ballot had both candidates' names bubbled in for the 94th District race. There will be a recount Wednesday in the 68th District, which includes parts of Richmond, Henrico, and Chesterfield.

Franken says he'll leave Congress in 'few weeks'
A special election will be held in Minnesota to permanently fill the seat timed to next year's midterm elections in November. I will live by whatever decision and I will walk away thinking about this opportunity I've had while I was here.

IL loses population, drops to 6th-largest state
Wyoming had the largest percentage decline among states, losing almost 5,600 resident or about 1% of the state's population. Other states in the West - Nevada, Utah and Washington - saw similar percentage increases in their population.

Chrome will start blocking 'intrusive' ads starting February 15
Google provides a best practices guide for ad formats that comply with the Coalition for Better Ads group's guidelines. The tech giant is now going to abide standards set by the Coalition for Better Ads , of which Google is a member.

Diddy declares interest in buying Carolina Panthers
Sunday evening, the rap star jumped to his Twitter account to announce his interest in becoming an National Football League owner. Last night, the Panthers' owner/founder Jerry Richardson shocked fans by announcing plans to sell the team after the 2017 season.

5-Year-Old Calls 911 to Report Grinch Stealing Christmas
Video posted to Facebook by TeDera Dwayne Graves II showed the interaction between his little brother and a police officer. Taking the boy's hand in a handshake, he said: "You have saved Christmas for the people of Byram".