Shaquille O'Neal Is the Newest Board Member of Papa John's
Shaquille O'Neal Is the Newest
Board Member of Papa John's The struggling pizza chain
made the announcement on Friday.
Sales began to tank after
founder John Schnatter was
caught using a racial slur.
Steve Ritchie, CEO, on 'Squawk on the Street' The decision to bring
the basketball legend
on board seems to
already be working,
as shares of the
company rose more
than 5 percent after
O'Neal will be the board's first
African American director and
has invested in nine Papa John's
restaurants in Atlanta.
to CNBC Shaquille O'Neal,
to CNBC O'Neal will also likely play a role
in endorsements via commercials
and social media.