John Schnatter (Papa John)USA

John Schnatter (Papa John) Bio, Biography, Age, Wife, Children, Parents, Net Worth, N-Word and Resignation

 

John Schnatter (Papa John) Bio

John H. Schnatter  (nicknamed commercially as Papa John) was born on 22 November  1961. He is an American entrepreneur who founded Papa John’s Pizza. Schnatter stepped down as CEO on January 1, 2018 and was succeeded by President and COO Steve Ritchie.  Papa John’s, resigned as  chairman of Papa John’s Pizza on  11 July 2018, Wednesday  night following offensive remarks, including use of the N-word, during a conference call in May, 2018.

Racial Slur Comment On 11 July 2018 (Wednesday, “John Schnatter (Papa John) apologizes and resigns as Papa John’s Pizza Board Chairman for racial slur comments (use of N-word) on a conference call in May 2018″
Born John H. Schnatter was born on November 22, 1961 in JeffersonvilleIndiana, U.S.
Age 56 Years old
Residence AnchorageKentucky, U.S.
Nationality American
Other names Papa John
Education Ball State University
Occupation Former Chairman, Papa John’s Pizza
Years active 1984–present
Net worth US$801 million
Spouse(s) He is married to Annette Schnatter (m. 1987)
Children He has three children; Kristine SchnatterDanielle SchnatterBeau Schnatter
Parents His parents are Mary (mother) and Robert Schnatter (father)

John Schnatter (Papa John) Biography

John Schnatter was born in JeffersonvilleIndiana, U.S, on 22 November  1961 his parents are Mary and Robert Schnatter. He graduated from Jeffersonville High School,  and later earned a Business degree from Ball State University in 1983. In the 1980s, John Schnatter’s father co-owned Mick’s Lounge, a tavern in Jeffersonville.

John Schnatter Papa John’s Pizza

The Papa John’s pizza business was established in 1984 when “Papa” John Schnatter converted a broom closet in the back of his dad’s tavern. Schnatter sold his 1971 Z28 Camaro to buy $1,600 worth of utilized pizza equipment and started selling pizzas to the tavern’s customers. His pizzas proved so popular that the next year he was able to move into an adjoining space. Currently, 2018, the organization is the third largest take-out and pizza delivery restaurant network in the world, with headquarters in Jeffersontown, Kentucky, near Louisville. On December 21, 2017, Schnatter reported he would step down as CEO of Papa John’s in the midst of the discussion over remarks he made in regards to the NFL not doing anything of players kneeling or sitting during the National Anthem.

In October 2017, in a telephone call with investors, Schnatter faulted the National Football League for poor budgetary execution, expressing “The NFL has hurt us … We are frustrated the NFL, and its leadership did not resolve this,” alluding to the U.S. national anthem protests. Soon after that, Papa John’s reported that the NFL shield or “authority sponsor” designation on Papa John’s commercials and advertising would be removed.

On December 21, 2017, Papa John’s announced that Schnatter would be replaced as Chief Executive Officer as from 1 January 2018 by Chief Operating Officer Steve Richie. Schnatter would appear in the chain’s commercial and on its pizza boxes and was the organization’s most significant investor with approximately 9.5 million shares. He remained as the Board’s Chairman.

John Schnatter use of N-Word and Resignation as Board Chairman

On July 11, 2018, it was reported by different news outlets that he used the N-Word “nigger” during a conference call with advertising agency Laundry Services, clearly to convey his hate for racism. After the call, the owner of the marketing agency moved to end their contract with Papa John’s.  Schnatter later apologized for using the racial slur. He resigned as director of the board the same day ( 11 July 2018) the incident occurred.

Offical Papa John Pizza Statement
Offical Papa John Pizza Statement

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Moses

Moses Njoroge is the Senior Editor at Glob Intel, a news and IT service provider company. He has a wide range of experience in freelance writing, Web/System Development and other related IT services.

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