Papa John’s Founder John Schnatter May Sell His Stake In The Pizza Chain
Nick Cammett/Diamond Images/Getty ImagesThirty-five years ago, John Schnatter founded Papa John’s when it was little more than a pizza oven in the back of his dad’s tavern in Jeffersonville, Indiana. At the time, Papa John’s was the league’s official pizza sponsor. Schnatter stepped down as CEO amid the ensuing imbroglio, but he remained heavily involved as chairman. After Forbes reported on the incident in July, Schnatter stepped down as chairman. Schnatter also sued the Papa John’s board, claiming his ouster may have been a coup.
Source: Forbes May 07, 2019 15:00 UTC
