Papa John’s founder resigns as chairman over N-word use

Sadly Papa John’s founder and former CEO John Schnatter resigned as chairman of the pizza chain’s board on Wednesday after admitting to using a racial slur during a May conference call. Before stepping down, Schnatter acknowledged and apologized for using the N-word in a call with Laundry Service, a marketing agency he hired to bolster his image after a backlash over his criticism of National Football League protests. Forbes reported that Schnatter had noted during the call that KFC never faced fallout even though “Colonel Sanders called blacks n—–s.” News of Schnatter’s resignation broke shortly after Major League Baseball reportedly suspended its Papa Slam promotion. Shares of Papa John’s fell by as much as 5.9 percent to a one-year low on Wednesday.

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