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Papa John’s Founder Schnatter Agrees to Resign From Board

  • Founder John Schnatter to help company identify new director
  • Schnatter: Starboard will help company ‘regain its strength’
Papa John's pizza
Photographer: Luke Sharrett/Bloomberg
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Papa John’s has just charted a path forward without Papa John.

Embattled pizza chain Papa John’s International Inc. said founder John Schnatter will resign from the board, bringing to a close months of tensions in the management ranks.