Papa John's Founder Outlines Future Role

(Saturday, August 18, 2007) - Papa John's International Inc. founder John Schnatter has signed an agreement outlining his future responsibilities with the nation's third-largest pizza chain, according to a filing with the Securities and Exchange Commission. In May, Schnatter stepped down from his post as executive chairman.

Under the agreement, Schnatter's duties include:

* Chairing meetings of the company's board of directors.
* Assisting in agenda development and meetings schedules for the board.
* Providing information and insights on the company's direction to the board.

Schnatter will receive compensation in the form of stock-option grants and will be reimbursed for expenses related to his duties with the company.

Schnatter also granted the company the exclusive right to use his identity and likeness for marketing and promotion of the Papa John's brand.

View all Papa John's Press Releases

This article has been read 216 times.

Printer Friendly

COMPANY INFORMATION
Papa John's Logo

Papa John's International Inc.
P.O. Box 99900
Louisville, KY

Phone: (502)261-7272

View Franchise Details
FREE FRANCHISE ADVICE
First Name:
Last Name:
Address:
City:
State:

US inquiries only please
Zip:
Phone:
Email:
Capital to Invest
Investment Timeframe:
Submit your request for a
FREE Franchise Consultation.

Top Franchise Industries:   ·   Accomodations & Lodging  ·   Arts & Entertainment  ·   Automotive  ·   Business Services  ·   Children's Service  ·   Cleaning and Maintenance  ·   Computer and Internet  ·   Education & Training  ·   Financial Service  ·   Food  ·   Health and Beauty  ·   Home Services  ·   Other  ·   Pets & Animal  ·   Retail  ·   Senior Care  ·   Sports and Leisure  ·   Telecommunications  ·   Travel  ·   Vending