Papa John’s founder John Schnatter resigns after using racial slur

Papa John’s shares fell nearly 5% Wednesday after its founder was recorded using the n-word John Schnatter founder and chairman use the slur during a conference call in May during a publicly options training session the n-double-acp is now calling for Schnatter to step down in the wake of the allegation that are responded to the incident saying news reports attributing the use of inappropriate and hurtful language give me during a media training session regarding race are true regardless of the context I apologize simply stated racism has no place in our society
Papa John’s Pizza’s Chairman John Schnatter resigned as chairman of the board, the company said Wednesday. Earlier in the day, he acknowledged using a racial slur during a May conference call and apologized. The company’s shares fell nearly 5 percent Wednesday after the initial report was published.

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