Papa John's chairman John Schnatter resigns

(Reuters) – Pizza chain Papa John’s International Inc (PZZA.O) said on Wednesday its founder and former chief executive, John Schnatter, resigned as chairman of its board.
FILE PHOTO: John Schnatter (R), founder and chief executive of Papa John’s Pizza, arrives at the 2011 American Music Awards in Los Angeles November 20, 2011. REUTERS/Danny Moloshok/File PhotoThe company said Olivia Kirtley would act as lead independent director, and added it would appoint a new chairman in the coming weeks.
The resignation comes after Forbes reported that Schnatter used a racial slur on a conference call. .

 

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