John Schnatter Says Resignation Was a Mistake

Following his surprise resignation last week from the pizza franchise he founded, John Schnatter says he regrets the decision, according to an article in The Wall Street Journal.

In a letter to Papa John’s board of directors, Schnatter accused the board of requesting his resignation without “apparently doing any investigation.”

Schnatter said in the letter that his use of a racial slur, which led to his ouster, was taken out of context and was not meant as a racial epithet.

“I then said something on the order of, Colonel Sanders used the word ‘N,’ (I actually used the word), that I would never use that word, and Papa John’s doesn’t use that word,” he said in his letter.

Schnatter said he will fight publicly to protect his name and the name of the brand he founded.

Read the full article at wsj.com.