YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Schnatter: ‘It was a mistake’ to resign from Papa John's

Posted online

Papa John’s founder John Schnatter is regretting his recent resignation as chairman of the company's board.

“The board asked me to step down as chairman without apparently doing any investigation. I agreed, though today I believe it was a mistake to do so,” Schnatter said in a letter to the board, reviewed by The Wall Street Journal. “I will not allow either my good name or the good name of the company I founded and love to be unfairly tainted.”

Schnatter resigned after admitting to using the N-word during a meeting.

Read more from MarketWatch.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Open for Business: Jungle Gym LLC

Indoor kids playground Jungle Gym LLC opened; Pinnacle Business Solutions LLC started as a home-based business-consulting firm; and a church building in Ozark was converted to The Finley.

Most Read
SBJ.net Poll
Which medical marijuana initiative(s) will you vote for on Nov. 6?

View results