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Papa John's founder John Schnatter resigns

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posted on Jul, 12 2018 @ 01:07 AM
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Now...is it just me or does this kinda feel like this guy is trying to get fired before something bigger happens?

What face of a company has ever had 2 major things happen and just say F# it?


The company released a statement that said the directors had accepted Schnatter’s resignation.
“Papa John’s will appoint a new Chairman in a couple of weeks,” the statement read.

Forbes reported earlier on Wednesday that Schnatter used the n-word on a conference call in May.
The call was specifically designed as a role-playing exercise to prevent future public-relations disasters.
“Colonel Sanders called blacks n—–s,” Schnatter said, before complaining that Sanders never faced public backlash.


Source




posted on Jul, 12 2018 @ 01:10 AM
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a reply to: Vasa Croe

Stock prices started into free-fall. He owns 29%.



posted on Jul, 12 2018 @ 01:20 AM
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a reply to: Vasa Croe


The Government leaders whose salaries we pay, should be held to high standards like corporate Chairmen and CEOs.
(Maxine Waters should have resigned last week)



posted on Jul, 12 2018 @ 01:59 AM
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a reply to: Vasa Croe

That's a stupid reason to resign. Good business, and good product. People need to stop demanding no one offends them.



posted on Jul, 12 2018 @ 02:01 AM
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originally posted by: LadyGreenEyes
a reply to: Vasa Croe

That's a stupid reason to resign. Good business, and good product. People need to stop demanding no one offends them.


Agreed. Especially given the context of the conversation.



posted on Jul, 12 2018 @ 02:06 AM
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fortune.com... thought he resigned over the nfl thing? or does he just come back after a few weeks after each controversy?

Papa John’s International founder John Schnatter will step down as chief executive by the year-end, the pizza chain operator said on Thursday, weeks after his comments on the NFL leadership drew criticism. The company said Chief Operating Officer Steve Ritchie will succeed Schnatter, who is also the chairman of the board. Schnatter, 56, who founded the company in 1984, came under fire in November after he criticized the National Football League’s leadership over national anthem protests by players.



posted on Jul, 12 2018 @ 02:31 AM
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Apparently Papa John didn't get the memo that opinions and words are now illegal in the good ol' United States of Authoritarianism.



posted on Jul, 12 2018 @ 02:44 AM
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originally posted by: AdmireTheDistance

originally posted by: LadyGreenEyes
a reply to: Vasa Croe

That's a stupid reason to resign. Good business, and good product. People need to stop demanding no one offends them.


Agreed. Especially given the context of the conversation.


That’s what I was thinking. Context is everything. I’m glad I don’t hang around a group that is so easily offended. What a crappy life that would be to have to constantly be offended and make sure not to offend at all times. Walking on egg shells. Bunch of wimps.



posted on Jul, 12 2018 @ 05:03 AM
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a reply to: RalagaNarHallas

No, he resigned from the CEO position over the NFL thing, but remained on as Chairman.

This time he's resigning as Chairman, meaning he no longer has any official title at the corporation (I guess).



posted on Jul, 12 2018 @ 05:42 AM
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a reply to: Flyingclaydisk

His pizza parlors all over the world - orphans now.



posted on Jul, 12 2018 @ 06:07 AM
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I don’t care

I do find it ironicallybfunny that the amount of Melanin in your skin gives you the socioltal ability to say different words. Which is the textbook denifitikn of racist.

What I can say as a black man, isn’t allowable for any of you paler humans




posted on Jul, 12 2018 @ 06:19 AM
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a reply to: Flyingclaydisk




No, he resigned from the CEO position over the NFL thing, but remained on as Chairman.


Oh okay, thanks. I thought I was experiencing the "mandela Effect".

edit on 12-7-2018 by Sookiechacha because: (no reason given)



posted on Jul, 12 2018 @ 07:48 AM
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a reply to: SocratesJohnson

Eh, I get it. You totally totally have the freedom to say it no matter who you are, and everyone else has the freedom to denounce you for it.

While I could understand some people saying his context doesn't make it as bad, it's still bad. Simple rule of society, play the game and you'll be OK. He could have phrased it differently to get his point across, and a man in his position should know that.



posted on Jul, 12 2018 @ 07:50 AM
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Quick, better appoint a female minority as head of the company to smooth everything over.



posted on Jul, 12 2018 @ 07:58 AM
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originally posted by: Flyingclaydisk
a reply to: RalagaNarHallas

No, he resigned from the CEO position over the NFL thing, but remained on as Chairman.

This time he's resigning as Chairman, meaning he no longer has any official title at the corporation (I guess).



Yep.

Just seems odd for the founder of Papa John's to so publically be ousted.

Makes me think there is something bigger about to come down on him and the company is attempting to distance itself and he is playing along for the sake of the company.



posted on Jul, 12 2018 @ 08:01 AM
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originally posted by: Vasa Croe

originally posted by: Flyingclaydisk
a reply to: RalagaNarHallas

No, he resigned from the CEO position over the NFL thing, but remained on as Chairman.

This time he's resigning as Chairman, meaning he no longer has any official title at the corporation (I guess).



Yep.

Just seems odd for the founder of Papa John's to so publically be ousted.

Makes me think there is something bigger about to come down on him and the company is attempting to distance itself and he is playing along for the sake of the company.


I doubt it. What he did was dumb, any publicly traded company is going to distance themselves from people who put the shareholders money at risk.



posted on Jul, 12 2018 @ 08:04 AM
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originally posted by: jjkenobi
Quick, better appoint a female minority as head of the company to smooth everything over.


What do you have against the handicapped!

You're fired, racist!



posted on Jul, 12 2018 @ 08:11 AM
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originally posted by: CriticalStinker

originally posted by: Vasa Croe

originally posted by: Flyingclaydisk
a reply to: RalagaNarHallas

No, he resigned from the CEO position over the NFL thing, but remained on as Chairman.

This time he's resigning as Chairman, meaning he no longer has any official title at the corporation (I guess).



Yep.

Just seems odd for the founder of Papa John's to so publically be ousted.

Makes me think there is something bigger about to come down on him and the company is attempting to distance itself and he is playing along for the sake of the company.


I doubt it. What he did was dumb, any publicly traded company is going to distance themselves from people who put the shareholders money at risk.


That's just it....he suddenly has put himself in this position by taking a stance against the NFL and saying a racial slur on a conference call? And this is how he goes out?

All large corporations I worked for had these agreements with every other company we worked with that communications were all confidential and whatnot...so why would the call have even come in to play? The call was in May....why didn't it come out that he said this in May? Is it because the call was transcripted finally as they often are with large corporations?

Why would he purposely lose the NFL contract over a disagreement?



posted on Jul, 12 2018 @ 08:13 AM
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originally posted by: AdmireTheDistance

originally posted by: LadyGreenEyes
a reply to: Vasa Croe

That's a stupid reason to resign. Good business, and good product. People need to stop demanding no one offends them.


Agreed. Especially given the context of the conversation.


I can agree with that. Context is key in any situation.

In this situation, the context most important to the shareholders and the company as a whole is that Schattner has become a liability. Though this isn't the first time he has left. He may come back to head the company once this has blown over.



posted on Jul, 12 2018 @ 08:15 AM
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originally posted by: introvert

originally posted by: AdmireTheDistance

originally posted by: LadyGreenEyes
a reply to: Vasa Croe

That's a stupid reason to resign. Good business, and good product. People need to stop demanding no one offends them.


Agreed. Especially given the context of the conversation.


I can agree with that. Context is key in any situation.

In this situation, the context most important to the shareholders and the company as a whole is that Schattner has become a liability. Though this isn't the first time he has left. He may come back to head the company once this has blown over.


He's left the company before?







 
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