University of Louisville drops Papa John's name from stadium

Papa John's founder resigns as chairman after apologizing for racial slur

Schnatter is still on the board and is the company's largest shareholder - meaning he remains a key presence.

Schnatter resigned from the UofL Board of Trustees Wednesday after admitting that he said the N-word in a conference call created to prevent public relations disasters.

Schnatter used the offensive term while undergoing training on how to avoid future PR disasters with media agency Laundry Service, after he a year ago controversially blamed NFL national anthem protests for his company's sagging pizza sales. While downplaying his anthem statements, Schnatter said "Colonel Sanders called blacks n--s, "Forbes reports". Schnatter apologized and said he would resign as chairman.

Schnatter is Papa John's brand.

Companies can leverage great personal stories to connect with customers, said Keith Hollingsworth, a professor at Morehouse College's business department. "Over the last 24 hours our community has been fractured by the comments made by former UofL trustee John Schnatter".

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In a statement released by Louisville, Kentucky-based Papa John's, Schnatter said Wednesday that the reports attributing use of "inappropriate and hurtful" language to him were true. Papa John's founder John Schnatter's name will also be removed from the school's Center for Free Enterprise, she said.

"We are glad that at a national level, Papa John's took swift action to deal with the issue", said the Arizona Diamondbacks, according to ABC15.

Earlier this week, Schnatter used the n-word in a conference call orchestrated by a PR company created to prevent future PR screw-ups. Their statement condemned Schnatter, but noted that the Astros "are proud of our 10-year partnership with Houston Pizza Venture, a local Houston business and owner of the local franchisees". "I am sure that he will say that he is sorry that he has hurt so many people, including - I know - students that he cares a great deal about".

This latest embarrassment for a brand whose very existence is one spurred Major League Baseball to suspend one of the dumbest corporate promotions in sports, the "Papa Slam", which granted 40% off the price of pizza to fans everywhere, anytime a player hit a grand slam - and resulted in "Papa Slam" being used repeatedly on the official website of a major professional sports league. As of 1:05 p.m. Friday, Papa John's shares are $54.31, up more than 1 percent since the start of the day.

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