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Papa John resigns


kakatiya

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  • John Schnatter, founder of Papa John's, resigns as chairman of the company's board.
  • Schnatter apologized for using the N-word during a May conference call after Forbes magazine reported the incident.
  • The stock surged Thursday morning, recouping Wednesday's losses — and then some.
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Papa John's founder John Schnatter has resigned as chairman of the board after admitting and apologizing for using the N-word during a May conference call.

Shares of the pizza chain surged 11 percent Thursday morning — recovering all of the $96.2 million, and then some, in market value the company lost after Schnatter's comments were reported by Forbes the day before.

Papa John's said in a statement late Wednesday night that it will appoint a new chairman in the coming weeks. Olivia Kirtley, the board's lead independent director, will run the board until a permanent replacement is found, it added.

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veediki noti dula ekkuva..idi first time kaadu...NFL official sponsor ga undi..vallu players edo knee down chesukuntunte edo annadu..ippudu Pizza hut official sponsor ayyindi

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2 minutes ago, sattipandu said:

Major kentucky fuckker can sukk a fukk

lets see if papajohns will adapt to technology like dominos and also improve pricing

dominos lo 50% off e week antha weekend pandaga chesuko sattipandu..

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17 hours ago, Demigod said:

dominos lo 50% off e week antha weekend pandaga chesuko sattipandu..

 

Thnx but in summer i dont eat cheese

 

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