Papa John's 21St And Tyler (2024)

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What happened to the guy that used to own Papa Johns? ›

John Schnatter stepped down as the pizza chain's chairman following revelations he'd uttered a racist slur. Now he's cashed out over $500 million in stock and wants to clear his name. Schnatter at his home in Louisville.

In July 2018, Schnatter resigned from his position as chairman of Papa Johns after admitting he used the N-word on a public relations call. He also resigned from the University of Louisville's board of trustees.

“Papa John's” will now be known as “Papa Johns” in its branding and marketing. The company name, Papa John's International, will not be changing its name, a spokesperson said. The company also unveiled a new, apostrophe-free logo and a new restaurant logo, according to the news release.

“Shaquille joined the Board five years ago during a challenging time for the Company, providing an important vote of confidence in its future potential, management team and board of directors,” said Christopher Coleman , Chairman of the Papa Johns Board of Directors.

He has owned and sold 155 Five Guys Burgers restaurants — which totaled 10% of the company's entire franchise portfolio. He also owns 17 Auntie Anne's Pretzels restaurants and nine Papa John's franchise units.

Papa John's founder John Schnatter resigned from his company last week after a recording of the pizza mogul using a racial slur leaked to the media.

The Papa John's founder is estimated to be worth just over $1B. John Schnatter is worth a lot of dough. The 58-year-old entrepreneur founded Papa John's in 1984 in Jeffersonville, Indiana. Since then, the international chain restaurant has become the third-largest pizza company in the U.S., according to Forbes.

Annette Schnatter

John Schnatter / Wife (m. 1987–2019)

Global pizza chain Papa John's has revealed that it plans to shut down 43 restaurants across the UK in the coming months, with 16 in London to close. It comes as the takeaway business confirmed plans to axe the “underperforming” locations after launching a review at the start of 2024.

ICYMI: Shaq Saves Papa John's

O'Neal's position went beyond just being a celebrity endorser and brand ambassador for Papa John's; he also took an active role in promoting diversity and inclusion within the company.

Who is Papa Johns current CEO? ›

(NASDAQ: PZZA) (“Papa Johns®”) today announced Rob Lynch , President and Chief Executive Officer, will be departing Papa Johns to assume another CEO position. The Board has appointed Ravi Thanawala , Papa Johns current Chief Financial Officer, as Interim CEO effective today. To ensure a smooth transition, Mr.

As noted by the outlet, removing the apostrophe may be yet another way that Papa Johns is distancing itself from founder John Schnatter. Schnatter had stepped down as CEO in 2018 after criticizing the NFL (which Papa John's had sponsored) for its handling of the national anthem kneeling protests.

Today, reports confirm that Shaq is the second-largest individual to own shares in Authentic Brand Group, which owns JCPenney, Forever 21, and, ironically, Reebok. While he may sell a hefty million shoes per month, O'Neal is no stranger to using the fortune he's amassed to help others.

Under the new terms, O'Neal will get $5.625 million in cash payments over the three years—that's an increase from the $4.125 million Papa John's paid as part of the first agreement. The success of the Shaq-a-Roni pizza could also mean O'Neal earns more.

In a complaint filed in Delaware's Court of Chancery, John Schnatter accused Papa John's International Inc. of treating him in an "unexplained and heavy-handed way" after Forbes published a July 11 article that he says falsely accused him.

John Hampton "Papa John" Schnatter (born November 22 or 23, 1961) is an American entrepreneur who founded the Papa John's pizza restaurant chain in 1984. Schnatter started the business in the back of his father's tavern after selling his car and using the proceeds to purchase used restaurant equipment.

Majority Ownership of Papa John's

The majority shareholder of Papa John's is T. Rowe Price Investment Management, Inc., holding 11.38% of the company as of August 24, 2023. This significant stake underscores the investment firm's confidence in the pizza chain's growth and strategy.

LOUISVILLE, Ky. (WDRB) – Papa John's International founder John Schnatter's divorce was finalized on Wednesday with an Oldham County judge agreeing to keep the details confidential, court records show.