Papa John's CEO Steve Ritchie said that the company hopes that founder John Schnatter stops feuding with the pizza chain after it announced a deal with hedge fund Starboard Value.
Papa John's is hoping to bring back founder John Schnatter, CEO Steve Ritchie told CNBC on Tuesday.
Schnatter resigned as chairman in July 2018 after he used a racial slur on a media training conference call.
On Monday, the company announced a $200 million investment from a hedge fund. Schnatter presented a competing plan to Papa John’s board on Saturday after learning about the proposal, but the company rejected it.
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Papa John's is hoping to bring back founder...
LOUISVILLE, Kentucky – Papa John’s is serving up something amazing. The pizza company is offering employees free college tuition. The chain has teamed up with Purdue University Global. Today we announced a partnership with @purdueglobal to offer a fully funded college benefit program for corporate team members at all levels (drivers & store employees too) with more than 180 degree options and flexible scheduling. More here: https://t.co/uYp5U7pd9j pic.twitter.com/JFwMGB2dVC — Papa John's...