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Borrowing a page from the activist-investor playbook, former Papa John’s International Inc. CEO and chairman John Schnatter is promoting a new website to communicate directly with company employees and shareholders...
I built Papa John's from the ground up and remain its largest shareholder.
We are not, nor should we be, dependent on one person. Papa John's is 120,000 corporate and franchisee team members around the world.
Stakeholders, including customers, franchisees, employees and investors, have expressed strong support for the actions we have taken to separate our brand from Mr. Schnatter.