Papa John's founder resigns as chairman over N-word controversy

Papa John's founder and CEO John Schnatter attends a meeting in Louisville Ky. Schnatter who appears on the chain's commercials and pizza boxes will leave the CEO role in January 2018 weeks after

Papa John's founder and CEO John Schnatter attends a meeting in Louisville Ky. Schnatter who appears on the chain's commercials and pizza boxes will leave the CEO role in January 2018 weeks after

John Schnatter, the founder, chairman, and public face of pizza chain Papa John's reportedly used the N-word during a conference call back in May, according to Forbes.

In January, Schnatter stepped down as Papa John's CEO following his controversial comments last November when he said football players' kneeling protests were mishandled by NFL leaders. Schnatter was asked how, in the future, he might distance himself from racist groups including neo-Nazis, which have declared open admiration for Papa John's.

He reportedly made additional comments about his life in IN, where, he claimed people used to drag Black folks from trucks until they died. The reference apparently was meant to show that he found racism deplorable, but the source told Forbes that multiple people on the call were offended. So the school can't simply keep the name in place and say it's no big deal because Schnatter is no longer associated with the company that has his name.

The request was complied with quickly, as Schnatter did resign from the board he'd served on for two years, its chairman, J. David Grissom, said in a statement, which also thanked the executive for his "generous" support.

The news came after Schnatter apologized for reportedly using a racial slur during a conference call in May.

Schnatter admitted that the accusations were true and apologized for his actions in a separate statement to Forbes yesterday.

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We've had this weight on our shoulders all the time, and now people will never forget us. He knows what I went through. "I'm completely happy.

That was the freakish situation that Papa John's found itself in last November, after neo-Nazi site The Daily Stormer endorsed the pizza chain - posting a picture of a swastika pizza and declaring Papa John's the official pizza brand of the alt right.

John Schnatter had apologized earlier in their day for using a racial slur in the context of quoting other people's supposed use of it.

Papa John's Pizza is going to end its official sponsorship with the NFL. His company's headquarters is there, and the University's football team plays in Papa John's Cardinal Stadium.

Papa John's shares rose more than 11% to $53.67 in trading Thursday, erasing the company's losses from Wednesday after Schnatter's admission. For instance, Chicago White Sox fans get 50 percent off after a White Sox win with a special Papa John's coupon code.

According to TMZ, Schnatter also resigned from his position at the University of Louisville Board of Trustees after the NAACP urged him to.

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