U.S. Markets closed

Papa John's Chairman John Schnatter resigns after apologizing for racial slur

Cincinnati.com
Papa John's Chairman John Schnatter resigns after apologizing for racial slur

A Forbes Magazine report says Papa John's Pizza founder John Schnatter used offensive language on a company conference call in May. LOUISVILLE, Ky. – After a day in which he admitted he used a racial slur, John Schnatter resigned from the company he built. Papa John's International announced late Wednesday that Schnatter had resigned as chairman. The company will appoint a new chairman in "in the coming weeks." The resignation ends a day which began with a story from Forbes in which Schnatter was said to have used the N-word on a call with a public relations firm that was designed to help the company avoid more public relations issues. By 2 p.m., nine hours after the Forbes story was published