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Papa John’s says founder resigned as chairman of the board

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(AP)- Papa John’s founder John Schnatter has resigned as chairman of the board.

The company made the announcement late Wednesday, hours after Schnatter apologized for using a racial slur during a conference call in May.

Forbes said Schnatter used the N-word during a media training exercise. When asked how he would distance himself from racist groups, Schnatter reportedly complained that Colonel Sanders never faced a backlash for using the word.

In a statement released by Louisville, Kentucky-based Papa John’s, Schnatter said reports attributing use of “inappropriate and hurtful” language to him were true.

“Regardless of the context, I apologize,” the statement says.

The University of Louisville also said Wednesday that Schnatter resigned from its board of trustees, effective immediately.

Schnatter stepped down as CEO last year after blaming slowing sales growth on the outcry surrounding football players kneeling during the national anthem. He remains chairman of the company he started when he turned a broom closet at his father’s bar into a pizza spot.

Papa John’s shares fell nearly 5 percent Wednesday after the report, closing at $48.33.



Daniella Hankey

Good Morning West Virginia! Daniella Hankey is the Morning and Noon newscast Anchor. Daniella joined Newswatch as a Multi-Media journalist and quickly moved her way up to an Anchor. Before landing in the beautiful Mountain State, Daniella called her home Orlando, Florida. Armed with a major in Communications and Media Studies and a minor in Education, Daniella relocated to further her career. During her time at Stetson, she covered several big stories on and off campus including the June 2016 Pulse Night Club shooting and Hurricane Matthew. She worked as a news anchor and reporter for her college news station and enjoyed an internship in productions at PBS. Her love for journalism started in high school when she was selected as a Bright House Varsity Reporter as well as the school anchor. When Daniella is not working, you can find her exploring West Virginia especially the Greenbrier and engaging with community members. As a morning anchor, Daniella loves putting a smile on viewers faces in the morning and informing them of community events. If you have any story ideas or news tips, please email Daniella at dhankey@woay.com. You can also follow Daniella on Facebook at DaniellaHankeyTV.