Papa John's "Papa" Apologizes And Then Quits!

Papa John's founder, John Schnatter is out! The reaction to a racial slur made by him during a company conference call in May was swift Wednesday after he admitted to saying it. Ironically, the conference call was about how the company could avoid PR problems. Schnatter has both stepped down as the company's CEO and resigned his position on the University of Louisville board of trustees.

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