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 International Inc. is saying goodbye to founder John Schnatter and hello to a notably diverse group of franchisees. The company has launched a new... bizjournals - BusinessAlso reported by •Seattle Times •SeattlePI.com •Newsday •CNNMoney