Papa John's CEO, pizza titan John Schnatter, steps down

Started by Solar, December 21, 2017, 04:16:54 PM

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Solar

That's it for Papa John's pizza for me. Never again.
He stands up to BLM and his own company cans him. :cursing:

Papa John's CEO John Schnatter, who overcame the odds to build his home-delivery pizza chain into a national powerhouse against entrenched rivals, is stepping down.

Schnatter, who founded the pizza chain in 1984, will remain as chairman of the board. No immediate reason was given for his decision, which takes effect Jan. 1. He is being replaced CEO is company President Steve Ritchie.

As the founder, Schnatter has been one of the biggest names in fast food. But he recently ran into controversy when he blamed NFL players' mass move to drop to one knee during the playing of the national anthem as affecting his company's sales.
https://www.usatoday.com/story/money/2017/12/21/papa-johns-ceo-john-schnatter-steps-down/974917001/
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supsalemgr

Quote from: Solar on December 21, 2017, 04:16:54 PM
That's it for Papa John's pizza for me. Never again.
He stands up to BLM and his own company cans him. :cursing:

Papa John's CEO John Schnatter, who overcame the odds to build his home-delivery pizza chain into a national powerhouse against entrenched rivals, is stepping down.

Schnatter, who founded the pizza chain in 1984, will remain as chairman of the board. No immediate reason was given for his decision, which takes effect Jan. 1. He is being replaced CEO is company President Steve Ritchie.

As the founder, Schnatter has been one of the biggest names in fast food. But he recently ran into controversy when he blamed NFL players' mass move to drop to one knee during the playing of the national anthem as affecting his company's sales.
https://www.usatoday.com/story/money/2017/12/21/papa-johns-ceo-john-schnatter-steps-down/974917001/

So he tells the truth about the effect on his company and gets canned. So typical of liberal think.
"If you can't run with the big dawgs, stay on the porch!"

Possum

Quote from: supsalemgr on December 22, 2017, 03:55:00 AM
So he tells the truth about the effect on his company and gets canned. So typical of liberal think.
I am surprised he was not hit with the "racist" tag.

Solar

Quote from: supsalemgr on December 22, 2017, 03:55:00 AM
So he tells the truth about the effect on his company and gets canned. So typical of liberal think.
Which makes no sense whatsoever, as evidenced by lack of audience participation.
Are his shareholders so leftist, that they're willing to kill the golden goose?
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supsalemgr

Quote from: s3779m on December 22, 2017, 04:44:29 AM
I am surprised he was not hit with the "racist" tag.
[/quote

Some on the left are hitting him with this.
"If you can't run with the big dawgs, stay on the porch!"

Solar

The more I think about this, the more I question.
CEO' are resigning all over the place, and the majority are tied to Dim child molestation.
Could his venting over NFL been an excuse to get him out quietly, while helping promote the Marxist knee takers?

I know, seems far fetched, but these CEO' aren't doing this because they're falling on the Noble Sword, they're scared and running.

Resignations from Sept to Dec in chronological order:   


Equifax CEO Richard Smith                       Sep. 26, 2017   


Dentsply Sirona Inc CEO Jeffrey T. Slovin       Oct. 2, 2017   
Greater Naples CEO Paul Thein                   Oct. 4, 2017   
Pepsico CEO D Shivakumar                        Oct. 9, 2017   
Samsung CEO Kwon Oh-hyun                        Oct. 12, 2017   
Oman Air CEO Paul Gregorowitsch                 Oct. 16, 2017   
ASCENDAS Funds Management CEO Chia Nam Toon     Oct. 20, 2017   
Hudson's Bay CEO Gerald Storch                  Oct. 20, 2017   
Red Cross Texas Gulf Coast Region CEO David Brady   Oct. 28, 2017   
BuildDirect CEO Jeff Booth                      Oct. 29, 2017   
Podesta Group founder Tony Podesta              Oct. 30, 2017   
Menninger Clinic CEO Dr. C. Edward Coffey       Oct. 31, 2017   


Renaissance Technologies CEO Robert Mercer      Nov. 2, 2017   
Ardent Leisure CEO Simon Kelly                  Nov. 7, 2017   
El Al CEO David Maimon                          Nov. 8, 2017   
Altice CEO Michel Combes                        Nov. 9, 2017   
Public Protector Busisiwe Mkhwebane CEO Themba Dlamini  Nov. 14, 2017   
James Cancer Hospital CEO Michael Caligiuri     Nov. 16, 2017   
PR Electric Power Authority CEO Ricardo L. Ramos        Nov. 17, 2017   
Ellies CEO Wayne Samson                         Nov. 21, 2017   
Hewlett Packard CEO Meg Whitman                 Nov. 22, 2017   
Oi SA CEO Marco Schroeder                       Nov. 24, 2017   
Tumblr CEO David Karp                           Nov. 27, 2017   
London Stock Exchange CEO Xavier Rolet          Nov. 28, 2017   
Bruce Telecom CEO Bart Cameron                  Nov. 29, 2017   
TravelCenters of America LLC CEO Thomas O'Brien Nov. 30, 2017   
Tricentennial Commission CEO Edward Benavides   Nov. 30, 2017   


City Light CEO Larry Weis                       Dec. 4, 2017   
Steinhoff's R100bn CEO Markus Jooste            Dec. 5, 2017   
Uchumi Supermarkets CEO Julius Kipng'etich      Dec. 6, 2017   
Chicago Public Schools CEO Forrest Claypool     Dec. 8, 2017   
Deutsche Boerse CEO Carsten Kengeter            Dec. 8, 2017   
Nation Media Group CEO Joe Muganda              Dec. 11, 2017   
Cheil Worldwide CEO Daiki Lim                   Dec. 11, 2017   
Fenway Health CEO  Dr. Stephen L. Boswell       Dec. 11, 2017   
Diebold/Nixdorf CEO Andy Mattes                 Dec. 14, 2017   
Diebold/Nixdorf CEO Andy Mattes                 Dec. 14, 2017   
AT&T CEO Randall Stephenson                     Dec. 15, 2017   
Vast Resources CEO Roy Pitchford                Dec. 18, 2017   
Spackman Entertainment Group CEO Charles Spackman   Dec. 18, 2017   
ESPN President John Skipper                     Dec. 18, 2017   
Innogy CEO Peter Terium                         Dec. 20, 2017   
Papa John CEO John Schnatter                    Dec. 22, 2017   
NYPD Police Chief Carlos Gomez retires          Dec. 22, 2017   

    Alphabet Executive Chairman Eric Schmidt        Dec. 22, 2017
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Hoofer

Quote from: Solar on December 22, 2017, 09:03:11 AM
The more I think about this, the more I question.
CEO' are resigning all over the place, and the majority are tied to Dim child molestation.
Could his venting over NFL been an excuse to get him out quietly, while helping promote the Marxist knee takers?

I know, seems far fetched, but these CEO' aren't doing this because they're falling on the Noble Sword, they're scared and running.

I think you're on to something, but I can't put my finger on a common thread between all of them.  Like they're expecting something and everyone is trying to cash out....  in which case, I think they're wrong, if they think it's a market collapse.

Who could have imagined a month ago the Corporate Tax rate would be cut from 35% to 21%, and suddenly nations around the world are trying to figure out how to cut their rates.  I'd be inclined to think bailing from a CEO position is the opposite of what you'd want to be doing.   
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...

Solar

Quote from: Hoofer on December 24, 2017, 05:37:02 AM
I think you're on to something, but I can't put my finger on a common thread between all of them.  Like they're expecting something and everyone is trying to cash out....  in which case, I think they're wrong, if they think it's a market collapse.

Who could have imagined a month ago the Corporate Tax rate would be cut from 35% to 21%, and suddenly nations around the world are trying to figure out how to cut their rates.  I'd be inclined to think bailing from a CEO position is the opposite of what you'd want to be doing.
Exactly! I'm not buying the excuse by John here, because the truth is, it's the NFL collapsing and John was actually speaking the truth.
Which raises the question, what's really going on here?
Timing says he tied to Pizzagate in some manner of speaking, may not be directly, but the pedo racket is being dismantled and indictments are following closely behind.
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Quote from: Solar on December 24, 2017, 06:54:38 AM
Exactly! I'm not buying the excuse by John here, because the truth is, it's the NFL collapsing and John was actually speaking the truth.
Which raises the question, what's really going on here?
Timing says he tied to Pizzagate in some manner of speaking, may not be directly, but the pedo racket is being dismantled and indictments are following closely behind.

Papa John looks like it's is in a completely different category, IMO, stepping down looks premature, provided there's nothing else than the NFL comments - the guy appears squeaky clean.  Their pizza is my 2nd or 3rd choice, since Dominos finally figured out how to make an exceptional pizza - and the absolute best, Pizza Pit is not in my area.   John was dead on about the NFL hurting Papa John's business, he has every right to be really pissed off for the players hurting his brand.  Unintended consequences.

All the rest of those CEOs stepping down is just a curiosity to me, some might be for the sexual harassment stuff, but, I wonder if they expected the Trump Tax plan to fail and business to take a sudden down-turn... in which case their boat just sailed without them, they blew a tremendous opportunity.
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...

Solar

Quote from: Hoofer on December 24, 2017, 09:10:19 AM
Papa John looks like it's is in a completely different category, IMO, stepping down looks premature, provided there's nothing else than the NFL comments - the guy appears squeaky clean.  Their pizza is my 2nd or 3rd choice, since Dominos finally figured out how to make an exceptional pizza - and the absolute best, Pizza Pit is not in my area.   John was dead on about the NFL hurting Papa John's business, he has every right to be really pissed off for the players hurting his brand.  Unintended consequences.

All the rest of those CEOs stepping down is just a curiosity to me, some might be for the sexual harassment stuff, but, I wonder if they expected the Trump Tax plan to fail and business to take a sudden down-turn... in which case their boat just sailed without them, they blew a tremendous opportunity.
I've no idea. The problem is timing, he is now lumped in with a dozen of pedophile CEO's bailing or being asked to step down during a purge of leftist corruption.
The company claims their 9% loss in revenue is directly connected to his comments, which was an out and out lie, when in truth, it's a direct connection to people abandoning the NFL, yet he stepped down, why?

It's his company, and he's stepping down under a false flag. There's something far bigger at play, his comments had zero connection to their loss in revenue, if anything, his comments should have brought in more customers because he stood up to the leftists destroying their league.
Yet he quietly accepted his fate?
Put yourself in his place, would you have walked to the gallows quietly if you were innocent? Of course not.
But he's not innocent. He's guilty of something far bigger and this was a convenient time to exit stage leftist.
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supsalemgr

Quote from: Solar on December 25, 2017, 03:34:54 AM
I've no idea. The problem is timing, he is now lumped in with a dozen of pedophile CEO's bailing or being asked to step down during a purge of leftist corruption.
The company claims their 9% loss in revenue is directly connected to his comments, which was an out and out lie, when in truth, it's a direct connection to people abandoning the NFL, yet he stepped down, why?

It's his company, and he's stepping down under a false flag. There's something far bigger at play, his comments had zero connection to their loss in revenue, if anything, his comments should have brought in more customers because he stood up to the leftists destroying their league.
Yet he quietly accepted his fate?
Put yourself in his place, would you have walked to the gallows quietly if you were innocent? Of course not.
But he's not innocent. He's guilty of something far bigger and this was a convenient time to exit stage leftist.

I agree there is probably a "rest of the story" somewhere. It could be he has worked his ass off to build a very successful business and has just said to hell with this crap, I am going to the house.
"If you can't run with the big dawgs, stay on the porch!"

Hoofer

Quote from: supsalemgr on December 25, 2017, 04:28:43 AM
I agree there is probably a "rest of the story" somewhere. It could be he has worked his ass off to build a very successful business and has just said to hell with this crap, I am going to the house.

Hope it's the latter, as Solar said, the timing makes it look -bad-     I hate to see a guy become successful, to watch it fritter away at the handiwork of a complete idiot child  (NFL players in this case).  To sit there, completely powerless, while grown children whittle away at your market base - how frustrating!
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...