The company gave no reason for the change, but it comes after the public relations disaster when Schnatter shared his thoughts about players who took a knee during the national anthem to protest the treatment of black Americans, particularly by police.
In their third quarter earnings call, Papa John's CEO John Schnatter claimed that the ongoing National Football League protests have affected his company's earnings, and that they will be pulling some of their advertising associated with the NFL. After these comments were made, the alt-right and white supremacists declared Papa John's their official pizza.
Do any of y'all even eat Papa John's?
It has also, evidently, polarized the executive leadership at the pizza chain. "We do not want these individuals or groups to buy our pizza", the company said in their November 5 statement.
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The Papa John of Papa John's is stepping down as CEO of the pizza chain effective January 1, CNN reports.
The company's stock price has dropped 13 percent since Schantter's comment, per the AP.
"You've got to have free markets with limited government, with the proper amount of regulation where you don't jam entrepreneurship", Schnatter said.
And Schnatter himself has said goodbye to the CEO gig before.
John Schnatter, better known as Papa John, is the American entrepreneur who founded Papa John's global. Schnatter returned as CEO three years later.
The backlash was swift, with many promising to boycott Papa John's in response to Schnatter's comments.