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Papa John's

Financing

What’s the next step for Papa John’s?

Here’s why the chain will need to make big changes, and probably needed to even before John Schnatter’s racial slur, says RB’s The Bottom Line.

Leadership

John Schnatter resigns as Papa John’s chairman

The founder leaves the company after word that he used a racial slur in a conference call.

Papa John’s shares fell 5% Wednesday after reports of its founder’s comments surfaced.

The company’s founder allegedly used a racial slur during a conference call with its marketing agency.

Chief Marketing Officer Brandon Rhoten is leaving the company, which is looking for a way to reverse worsening sales.

The chain's stock falls after its sales weaken again.

The former head of international operations for Dunkin' Brands and Papa John's has taken the job on a permanent basis, after serving for two months in an interim capacity.

The finance veteran has been with the chain since 2000.

But the former NFL quarterback will still be a company spokesman.