For his part, Schnatter has agreed to dismiss two lawsuits that he filed against the company he founded in a bid to regain control after his ouster last summer. He resigned as chairman in July after reports he had used a racial slur on a media training conference call. In December of , he stepped down as CEO following criticism for comments he made on the quarterly conference call with analysts about the NFL's leadership. At that time, Papa John's was the official sponsor of the football league.
The public relations crises led to a sharp decline in North America sales for the company, which saw same-store sales in the region plunge 7. Papa John's, which is forecasting lagging sales in the first half of , blamed the negative publicity for its weak performance. Skip Navigation. Key Points. While Schnatter's dismissal sounds more like the result of some hasty image management on the part of Papa John's than an actual conspiracy, it certainly sounds as if Schnatter will continue his efforts to get to the bottom of things.
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