The brand will begin searching for a new executive to fill the role in his absence.
Papa John's founder John Schnatter is stepping down from his role as Chairman of the Board. According to a recent article in The New York Times, Schnatter's decision follows his use of a racial slur during a conference call in May. Independent directors will begin their search for a new executive to fill the role.
“Regardless of the context, I apologize. Simply stated, racism has no place in our society,” said Schnatter.