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Papa John's

Financing

John Schnatter keeps selling his Papa John’s stock

The chain’s founder and former CEO sold 250,000 more shares last week as he continues unwinding his holdings.

Leadership

Papa John’s hires McDonald’s veteran to lead operations

The company named Jim Norberg its chief restaurant operations officer.

The company will provide royalty relief to operators and add to the chain’s ad fund in a bid to improve the brand’s recovery.

RB’s The Bottom Line looks at what it took Papa John’s to land NBA great Shaquille O’Neal as a director and spokesman.

The company has generated excitement with the Starboard investment and addition of Shaquille O’Neal, but sales growth remains key to its comeback.

The pizza chain’s founder has hired advisers to explore a sale of all or some of his shares.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The former McDonald’s and Subway executive will take the marketing reins at the pizza chain.

The former NBA star is also investing in nine locations and will be an ambassador for the brand.

Adding the well-liked personality to the board and its marketing gives the chain positive buzz for the first time in a while, says RB’s The Bottom Line.

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