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Papa John’s CEO John Schnatter, who overcame the odds to build his home delivery pizza chain into a national powerhouse against entrenched rivals, is stepping down. Schnatter, who founded the pizza chain in , will remain as chairman of the board. No immediate reason was given for his decision . Schnatter will step down as CEO of Papa John’s in January, weeks after criticizing NFL. Papa John’s is blaming the NFL for hitting its bottom line. The pizza company, which has been a league sponsor since , sliced its sales and profit forecasts on Tuesday. And Papa John’s founder and CEO John Schnatter wasn’t shy about who he thinks is to blame for the “debacle” Commissioner Roger .Schnatter, , will continue to serve as chairman of the board. Papa John’s COO Steve Ritchie will succeed Schnatter as CEO in January..Papa John CEO and founder John Schnatter is stepping down as chief executive, months after blaming lagging sales on NFL protests. In the last three decades, John Schnatter has built a pizza empire that spans countries and territories, racking up a fortune of about $ billion..THE BRAINSTORM THAT WILL LIKELY go down in pizza history struck John Schnatter in . That was when the recent.Papa John’s founder John Schnatter has stepped down as CEO of the company he founded, two months after criticizing the NFL’s handling of the.History. The Papa John’s restaurant was founded in when “Papa” John Schnatter knocked out a broom closet in the back of his father’s tavern, Mick’s Lounge, in Jeffersonville, Indiana.. John Schnatter, who founded the Papa John’s pizza chain in the s, is leaving the chief executive seat. He’ll stay on with the company as its chairman, the company said Thursday in a press release. Replacing him is Steve Ritchie, the current chief operating officer. The change will take effect on .
Papa John’s founder John Schnatter is pushing back against suggestions he is a racist, claiming that media reports have mischaracterized his use of a slur against black people..After racial slur revealed, fall comes swiftly for Papa John Schnatter. Papa John’s founder John Schnatter apologizes for using the N word during a conference call..Papa John’s International Inc. Chairman John Schnatter resigned after coming under fire for making racist comments that battered the shares of the pizza chain he founded. The independent directors of the company accepted Schnatter’s resignation, the Louisville, Ky., company said in a statement .The departure of Papa John’s International Inc. Chairman John Schnatter over his use of a racist slur comforted wary investors who’d fretted that the outspoken founder risked tarnishing the pizza maker’s reputation..