The company issued the following statement: “Papa John’s International, Inc. today announced that the independent directors of the company have accepted the resignation of John H. Schnatter as chairman of the board. Olivia Kirtley acts as the company’s lead independent director. Papa John’s will appoint a new chairman of the board in the coming weeks.”
The conference call in May came to light after Forbes magazine detailed the incident in an article Wednesday. The report, which was later confirmed by Schnatter, said he was on a call with marketing agency Laundry Service when he tried to downplay comments he made about the National Football League last fall by saying, “Colonel Sanders called blacks n—–s” and never faced any public backlash at KFC.
Following Forbes’ report that Schnatter used a racial slur against Black people on a crisis communications phone call, Papa John’s shares f