The founder and the largest shareholder of pizza chain Papa John’s John Chatter will retire from his post as Executive Director of the company because of the scandal, which has caused its position in relation to the protest of the players of the National football League against racism. Reported by the Associated Press.
The new head of the company from 1 January 2018, will become chief operating officer Steve Ritchie. Shatter will retain a seat on the Board of Directors.
From advertising with its participation Papa John’s not going to give up.
Earlier Chatter blamed the decline of the company that is a sponsor of the National football League, players who refuse to stand during the national anthem before matches. Players do it in protest against the biased attitude of the police towards black people.
Shatter said that the actions of the players polarizes the society and the country. His words had endorsed far-right and racist organizations. The company had to apologize, its shares fell by 13%; the cost of share of Snatcher decreased by $84 million
Now at Papa John’s more than 5,000 restaurants around the world. The company’s market capitalization exceeds $2 billion.
As reported previously in the manifestation of racism has accused the company Dove.