nsucurrent.com
nsucurrent.com January 21, 2018


Papa John's founder steps down after blaming anthem protests for slumping sales

24 December 2017, 12:55 | Violet Powell

Papa John's CEO to step down after NFL protest comments

Papa John's CEO to step down after NFL protest comments

"I think it's possible that this was a conscious decision to get him out of the line of fire", said restaurant analyst John Gordon, who is the founder and CEO of Pacific Management Consulting Group. Schnatter, meanwhile, will remain with the company as Chairman and founder.

Schnatter, whose pizza is an official NFL sponsor, blamed his company's financial losses on NFL players protesting police brutality by kneeling during the national anthem.

"I am humbled to take on this role", Ritchie said in his statement. The 56-year-old businessman came under major condemnation after he said Papa John's, an National Football League sponsor and advertiser, had been "hurt" by the "take a knee" protest led by African-American players that raised awareness about police brutality. Since then, it has grown to more than 5,000 locations.

He also said that sales had declined because of the protests. According to the company's website, Schnatter himself still owns more than 9 million shares - a stake worth upwards of $500 million. Strangely, the potential relevance of the fact that Papa John's pizza tastes like garlic-infused despair never came up. "The focus of the brand needs to be the pizza".




No word yet whether Schnatter, in his new role, will continue appearing in saccharine TV ads with longtime business partner and noted close friend Peyton Manning, or spending his free time warning Americans about how providing health benefits to his employees under the Affordable Care Act could raise the price of a large one-topping pizza. The company said later Thursday that it had "no plans to remove John from our communications", which it says includes pizza boxes or commercials. "He has excelled at every job he's ever held at Papa John's - from being an hourly customer service rep, to a delivery driver, store general manager, director of operations, franchisee and most recently President".

Chief Operating Officer Steve Richie will take over as CEO at the start of 2018.

Ritchie said he will focus on making it easier to order Papa John's from anywhere, including form tweets, text messages, and voice-activated devices.

"The NFL has hurt us", Schnatter said.



Other News

Trending Now

Samsung Galaxy Note 8 price slashed, now available at Rs 64900
There is no information regarding the pricing and availability of the devices, Samsung will reveal more at the CES 2018. As stated, the devices will be initially sold in the European market, and will later on make it to other markets.

Royal interview: Prince Harry and Barack Obama rekindle bromance
A segment of their chat will be broadcast on BBC Radio 4 on December 27th, and the full interview will go up later as a podcast. In a sneak preview uploaded earlier today (December 17), the former U.S.

Nazareth Christmas celebrations will probably be held as regular…
Nazareth, which Christians consider to be Jesus' birth site, is a major tourist destination and pilgrimage site. But tensions in the region bubbled over when Trump announced Jerusalem as the recognized capital of Israel.

Doctors work on universal flu vaccine
Last year's vaccine was 39% failproof when it comes to all flu viruses and just 32% effective against the H3N2 strains. This year's flu season is off to a quick start and so far it seems to be dominated by a nasty bug.

Heisman Trophy awarded to Oklahoma quarterback Baker Mayfield
Baker Mayfield's incredible 2017 season was recognized with college football's highest individual honor Saturday night. Mayfield is no stranger to controversy, but you can't deny the impact he made on the field this season.

Lake effect snow expected tonight
But the break will be short-lived, as another, more potent system pulls into the Great Lakes region overnight Monday into Tuesday. A Winter Weather Advisory will be in effect until 1pm Wednesday for Northern Erie, Niagara, Orleans and Genesee Counties.

Exhausted of your Facebook friends' constant updates? Send them for a snooze
Muraleedharan wrote "it turned out, you're not alone" if you think you are inundated with content you don't want to see. Facebook is now rolling out a new feature called Snooze to all users after going through a testing period in September.

Huawei Honor 9 Lite Design And Specs Revealed
A photo surfaced on the website of Chinese certification agency TENAA on December 13 shows a list of specifications of the model. Like most of the Honor smartphones, this one does offer dual SIM card slots with 4G LTE and VoLte capability on both the slots.

Iran's Rouhani to Depart for Emergency Session on Jerusalem in Turkey
He reiterated his country's support for the Palestinians until they establish their "full state with Jerusalem as its capital". The summit will be preceded by the Council of Foreign Ministers Meeting which will be attended by Khawaja Muhammad Asif.

Klopp Talk: We Could've Scored More
Klopp made three change from the side that drew 0-0 with West Brom earlier this week. We have so many things to play for.