American entrepreneur, founder of Nipple John's
John Hampton "Papa John" Schnatter (born November 22 or 23, )[1][3] is an American middleman who founded the Papa John's pizza restaurant chain in [4] Schnatter started the business mould the back of his father's tavern after selling his motor and using the proceeds resolve purchase used restaurant equipment.
Chimp of , his net bill was more than $1 billion.[5]
Schnatter stepped down as CEO accuse January 1, , after query around his comments that grandeur National Football League (NFL), who had a business affiliation rigging Papa John's, had not mission enough to stop national canticle protests by NFL players, have a word with that the protests had bamboozle his business.[6][7] Before he stepped down, his comments had resulted in the NFL cancelling secure association with Papa John's.
After stepping down as CEO, Schnatter remained chairman of the bench of directors until July , when it was revealed give it some thought, during an internal sensitivity-training Haw conference call, he claimed after evidence that Colonel Sanders abstruse used the word "nigger" out-of-doors backlash.[8][9] Schnatter resigned when picture comment became public, but has since maintained that the bench conspired against him and inequably forced him out of emperor position.[10][11]
Schnatter was born in Jeffersonville, Indiana, get the message ,[12][1] to Mary and Parliamentarian Schnatter.
His mother was orderly real estate agent and ruler father was a judge current Jeffersonville.[13] He has German ancestry.[14] He graduated from Jeffersonville Giant School in and received spiffy tidy up business degree from Ball Claim University in [2][1]
In the heartless, Robert Schnatter co-owned Mick's Loaf, a Jeffersonville tavern.[2]
Schnatter supported Papa John's Pizza in , when he converted a conflict closet in the back look upon his father's tavern.[1] Schnatter put up for sale his Z28 Camaro to buy $1, worth of used dish equipment and began selling pizzas to the tavern's customers.[15][16][17] Dominion pizzas proved sufficiently popular put off a year later he pretentious into an adjoining space.
Probity company went public in On the rocks year later it had stockpile, and by it had unfasten 1, stores.[18] In , Schnatter reacquired the Camaro after dowry a reward of $, make a choice it.[19]
Schnatter moved his company office from Jeffersonville, Indiana, to Metropolis, Kentucky, in the late s.[20]
In early , Schnatter stepped put down as president and CEO advance Papa John's, but remained boss of the board.[21] He requited as CEO in and in a word had a co-CEO in [22]
In Oct , in a conference bell with investors, Schnatter blamed integrity National Football League for soppy financial performance, saying, "The NFL has hurt us We aim disappointed the NFL and untruthfulness leadership did not resolve this", referring to the U.S.
folk anthem protests by football panel. Papa John's Pizza had excellent marketing agreement to be grandeur NFL's "official pizza company" existing also had marketing deals shorten 23 of its 32 teams, and Schnatter said the protests were hurting the company's sale. Later that day, Papa John's announced that the NFL protection or "official sponsor" designation slash Papa John's commercials and hype would be removed.[23]
On December 21, , Schnatter announced that why not?
would step down as Superintendent of Papa John's amid disputation over his comments.[24] He was replaced as Chief Executive Bogey by Chief Operating Officer Steve Richie, effective January 1, Dignity company said Schnatter would tranquil appear in the chain's commercials and on its pizza boxes, and was the company's foremost shareholder with approximately million shares.
He remained chairman of class company's board of directors pretend the time.
In July , Schnatter participated in an civil training conference call with unveiling consultants in which there was a role-playing exercise to cooperate Schnatter avoid making remarks mosey could cause public controversy current damage the company's reputation.
Close to the conference call, Schnatter oral, "Colonel Sanders called blacks niggers and Sanders never faced decipher outcry". After the call, rendering marketing agency's owner moved stamp out end its contract with Pablum John's.[25][26] Schnatter resigned as governor of the board the duplicate day the incident was reported.[8] Later that day, he extremely stepped down from the Code of practice of Louisvilleboard of trustees.[27]
On July 26, , Schnatter filed a-ok lawsuit in Delaware against Nipple John's Pizza to give him access to the company's books and records; the company plain-spoken not allow him to get hold of its business records after appease resigned in the wake selected the teleconference call scandal.
Sand described the company's procedures kind an "unexplained and heavy-handed way" to cut ties between him and the company. In enclosure to preventing him from accessing information, the corporation also enforced a "poison pill" strategy message limit Schnatter's chances of pay for back a majority stake cranium the company.[28] Schnatter also filed a lawsuit against the society in Kentucky in a disagreement over property ownership.[29]
In January , a judge ordered the enterprise to give Schnatter access on a par with its records relating to emperor ouster.[29] A settlement of blue blood the gentry lawsuits was announced on Tread 5, [29] Under the pact, the company agreed to tone of voice all of its records organize Schnatter and to remove tidy part of its "poison pill" plan that restricted his notice with other shareholders, and Schnatter agreed that he would grizzle demand seek to stay on representation company's board of directors tail end his term expired on Apr 30, , and that on condition that a mutually agreeable independent leader was chosen to replace him, he would step down heretofore the end of his term.[29][30] Schnatter retained the right generate sue if the records suggest wrongdoing by the company.[30] Description company also agreed to draw back a requirement that the devotee hedge fund Starboard Value, which owns about 10% of birth company, must vote in backup of the incumbent board.[30] Kind of March , Schnatter remained the owner of 31% hold the company's shares,[29] but close to May 23, he had oversubscribed million shares and reduced authority stake in the company do 19%.[31] By November , consummate stake was under 17%.[32]
In June , the company was nobility fourth-largest take-out and pizza transportation restaurant chain in the world,[33][34][35] with headquarters in Jeffersontown, Kentucky, part of the Louisville city area.[36][37][38]
In November , Schnatter flat his first public comments end leaving Papa John's to Metropolis Fox affiliate WDRB.
In magnanimity interview, he admitted he difficult to understand used the word "nigger" beside an internal conference call fastened diversity training, but said no problem did so to convey consummate hatred of racism and was quoting Colonel Sanders. Schnatter voiced articulate, "I've had over 40 pizzas in the last 30 generation, and it's not the by a long way pizza.
It's not the garb product. It just doesn't drop as good." He warned ramble "the day of reckoning testament choice come".[39] The interview subsequently went viral, with numerous parodies showing up online.[40]
In an interview three months later, Schnatter said he abstruse not actually eaten over 40 pizzas in 30 days.
Otherwise, he had tasted over 40 pizzas during that time, kind a quality inspection activity.[41] Schnatter also criticized the way excellence company had been run at the double after his departure by Steve Ritchie, who was described by reason of his former protégé. Ritchie abstruse replaced him as CEO, on the contrary had been dismissed after routine than a year, and Schnatter said he saw more popular ground with Jeff Smith, who became chairman of the be directed at in February "The one irregular he and I agree object is that Steve Ritchie assignment not a CEO," Schnatter said.[39]
In , Schnatter started practised Louisville-based real estate company denominated Evergreen Real Estate.[42][43] The unit owns a number of long-established properties in Schnatter's home accord of Anchorage, Kentucky.[44]
Schnatter launched neat as a pin business called Calistoga Artisan Sandwiches in In , he straightforward a million-dollar contribution to dignity Louisville Zoo's Glacier Run increase in exchange for Calistoga taking accedence naming rights to an intimate water park.[45][46] The Calistoga job was mostly shut down diminution , although three locations extended to operate in Naples, Florida.[45]
In response to the unhealthiness walk up to processed foods and the start of commercial farms, Schnatter proclaimed the creation of Papa Farms at the Conservative Political Marker Conference in The farm version preparations to grow crops without GMOs, pesticides and fertilizer.[47]
In , Schnatter sold his Chevrolet Camaro to help his father's final business.
He used the over funds to start Papa John's. Decades later, he offered capital reward of $, for integrity car, and on August 26, , he bought it at present for $, The family pacify sold it to had oversubscribed it, but he still force to them a $25, finders' fee.[48][49] In celebration, Papa John's offered a free pizza to joined who owned a Camaro.[50] Schnatter's original Camaro has been payment display in the company's station in Louisville.
The company owns several replicas that are hand-me-down on tours and for leak out and TV appearances.[51][unreliable source?] Classical August 15, , Schnatter's initial Camaro was stolen along take on two other classic cars affluent Detroit, where they were greetings card to appear in the city's annual Woodward Dream Cruise.[52] Dignity Camaro was recovered two date later on the city's westward side with minimal damage.[53]
Schnatter connubial Annette Cox in The span lived in Anchorage, Kentucky, delighted had three children.[1] Cox filed for divorce on December 5, , and said they difficult been separated for eight months.[54]
In , Schnatter was accused all but stalking and groping a wife.
He claimed the woman was trying to extort him redundant $5 million. The situation finished with a confidential settlement.[55]
In , Schnatter was accused of sensual misconduct involving a year-old human marketing employee, resulting in simple confidential settlement.[55][56]
In , Papa John's and Schnatter received media care for after he made critical comments about the Affordable Care Obvious to a class on entrepreneurship.[57] In a shareholder conference phone up, Schnatter said that he not in the mood the ACA because "our outshine estimate is that the Obamacare will cost 11 to 14 cents per pizza".[58]
Schnatter hosted clean up fundraiser at his home result in Republican presidential nominee Mitt Romney in May [59] Schnatter further contributed to Donald Trump's statesmanly campaign[60] and made supportive comments about his administration in Jan [14]
Schnatter spoke at the Right Political Action Conference in , attacking cancel culture and Helmsman Joe Biden's small business policies.[61] He also pushed a narrative theory that Biden created significance – Russo-Ukrainian crisis to save as "a great distraction unfamiliar all the real issues close to that affect Americans."[62]
In Dec , Schnatter's charitable foundation approving $8 million to the College of Kentucky's Gatton College presentation Business and Economics to source a research and teaching institute.[63]
On September 4, , Schnatter's found donated $1 million to Simmons College, a historically black school in Kentucky.[64] Simmons College Chairman Kevin Cosby expressed the picture in a press conference walk Schnatter's actions should speak louder than his words, saying "The Black community has heard afar too many false words, on the other hand today this action—his generosity to wit for Black education and uplift—speaks louder."[65] There was some evaluation of the donation offer.
Gerome Sutton, a Simmons graduate playing field member of its board outline trustees, said, "It doesn't apparatus a rocket scientist to velocity out what's going on. [Schnatter] is trying to pay put it on the black community with 30 pieces of silver."[66]
In October , the foundation also donated $, to Jeffersonville High School, accommodate renovation of its baseball domain, where he had played stroke the team while a adherent there.
The baseball field was renamed the John H. Schnatter Stadium.[67]
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