[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Volunteers Kicked Out of Nat’l Park for Cleaning It During Shutdown—Without a Permit

William Barr’s Connection to Ruby Ridge, Defending FBI Snipers

The 100th Anniversary of the Ratification of the Amendment That Led to Prohibition Is a Reminder of the Lasting Damage Bad Policy Can Do

Are You Suffering From Toxic Masculinity? Know The Warning Signs

Hillary Clinton ran weapons into Libya for the Obama administration, while Michael Flynn was targeted because he knew the details

Beto O’Rourke Suggests America Should Ditch the Constitution

Potential US presidential contender thinks YOUR money is in the “wrong hands”

POLICE lie to Uber Driver/Attorney

The Danger Within: Border Patrol Is Turning America Into a Constitution-Free Zone

Plants Are Growing on the Moon for the First Time (Chinese cotton plantation)

Laura Loomer Brings Illegal Immigrants To Nancy Pelosi's Home. Pelosi Has Police Remove Them

P&G’s Gillette ad asks men to shave their ‘toxic masculinity’ and a big backlash ensues

Chemtrails Exposed: The Deep State And The New Manhattan Project

Reality Beyond Belief

Oregon bill would cap magazines to 5 rds, ration ammo to 20 rds/month

Nobel Prize-Winning DNA Pioneer James Watson Stripped Of Titles For Insisting Race And IQ Are Linked

Trump’s shutdown trap?

Free Speech Is Dead in Canada: The Persecution of Christian Activist Bill Whatcott

The Unique Pleasures of Watching Alexa Deny Children What They Want

Police visit father after he joked on Facebook about feeding five-day-old baby hot sauce

Big Pharma’s Worst Nightmare, Survey Finds Most Medical Pot Users Quitting Prescription Drug Use

Cops Raid Innocent Family With No Warrant, Drag Them From House and Beat Them

'McJesus' sculpture sparks outrage for Christians in Israel

Kasich Looking to Join Fake News Brigade After Governorship (third party, bipartisan kind of ticket)

The Bounty ... Pitcairn Island --- Fletcher Christian's Descendants

Rand Paul to have hernia surgery in Canada

The World Wildlife Fund Now Controls The US Beef Industry!

Missing Uncle Much?

Ocasio-Cortez’s Twitter Baby Prattle: “Who dis?” “Who dat”—WHO CARES?!

‘I Cannot Comply’: A Second Amendment Advocate’s Fight Against the City of Boulder, Colorado

30 Democrats in Puerto Rico with 109 lobbyists for weekend despite shutdown

Trump Confronts the Prospect of a ‘Nonstop Political War’ for Survival (Junk News)

'I Cannot Comply': A Second Amendment Advocate's Fight Against the City of Boulder, Colorado

Lisa Page Sang Like A Canary

Julián Castro announces 2020 presidential run from Texas

THINGS DEMOCRATS HAVE FUNDED THAT COST MORE THAN THE BORDER WALL

Mecca’s Grand Mosque plagued by swarm of locusts

Government shutdown impacting breweries (No new beers, panic now!)

You white Americans be more inbred ... Yo genes be f-cked up --- You be a bunch of walking defects

Mike Pompeo Says the US is a Force for Good in the Middle East. No, Really!

Border Patrol and the TSA allowed to secretly spy on everyone's social media accounts

Karl Marx & the Great Socialist Revival

Breakthrough Study Finds Another Compound in Cannabis with Powerful Anti-Inflammatory Properties

FOOTAGE: HOUTHI DRONE ATTACK AT YEMENI MILITARY BASE

Palestinian-American Activist Linda Sarsour: The Prophet Muhammad Was A Human Rights Activist; We Don't Need The West To Teach Us About Feminism

88-Yr-Old Granny Sings ‘Somewhere Over The Rainbow’ as Grandson Plays the Piano

Lift Up Your Hearts: The Democrats Are in a Shambles

Officer on force only 2 weeks shot dead in Northern California

Meyers on Trump Being Expert at Technology: You Don’t Even Know How To Operate an Umbrella

Man sues four San Diego police officers for assault in Mission Valley


Status: Not Logged In; Sign In

United States News
See other United States News Articles

Title: Papa John's founder 'isn't going quietly,' lawyer says — Schnatter just dragged Kanye West into fight with the board
Source: CNBC
URL Source: https://www.cnbc.com/2018/07/17/pap ... -the-board-and-kanye-west.html
Published: Jul 17, 2018
Author: Sarah Witten
Post Date: 2018-07-18 11:14:27 by Deckard
Keywords: None
Views: 197
Comments: 3

  • Papa John's founder John Schnatter defends himself against charges of racism in a letter he sent to the board Saturday.
  • He doubled down on his claims that media consultant Laundry Service tried to extort $6 million from the pizza chain.
  • Schnatter said Laundry Service suggested using Kanye West as a co-spokesman, but Schnatter said he declined because West used the N-word in his music.

    Papa John's founder John Schnatter is "not going quietly," according to his lawyer Patricia Glaser.

And he didn't want to work with singer Kanye West, he said in a letter sent to the board of directors Saturday.

Schnatter doubled down on claims he made during a television interview Friday in which he said media consultant Laundry Service tried to blackmail the pizza chain for $6 million to keep quiet about his use of the N-word during a May conference call.

He sent the letter in advance of an emergency board meeting Sunday, defending himself and criticizing the board for forcing his resignation as chairman before conducting a full investigation into a Forbes article published Wednesday that detailed his use of the racial slur.

“The board asked me to step down as chairman without apparently doing any investigation," Schnatter said in the letter obtained by CNBC. "I agreed, though today I believe it was a mistake to do so. I have checked with corporate governance experts who tell me that this was not a proper action by the Board."

A Papa John's pizza box is seen on July 11, 2018 in Miami, Florida. 
Joe Raedle | Getty Images
A Papa John's pizza box is seen on July 11, 2018 in Miami, Florida. 

Laundry Service and Papa John's didn't immediately respond to CNBC's requests for comment.

Schnatter resigned his post last week at the behest of Papa John's board after confirming the Forbes' report. However, he said the comments were taken out of context and that he was provoked into using the N-word after Laundry Service executives on the call suggested the pizza chain bring on performer Kanye West as a co-spokesman for television spots and promotions.

Schnatter said he refused to work with West because "he uses the 'N' word in his lyrics," according to the letter. It was later on the call that Schnatter said he used the actual word when pressed whether or not he was a racist.

"I then said something on the order of, Colonel Sanders used the word 'N,' (I actually used the word,) that I would never use that word and Papa John’s doesn’t use that word," Schnatter told the board. "Let me be very clear: I never used the 'N' word in that meeting as a racial epithet, nor would I ever."

Glaser, Schnatter's lawyer, warned the board in a separate letter sent Sunday against removing him altogether after several directors questioned whether he should give up his seat, she said. Glaser told CNBC the board doesn't have authority to remove him without shareholder approval.

That would be a tough vote to win since Schnatter owns almost 30 percent of the outstanding shares, according to FactSet. Glaser asked the board to open an investigation into the call and subsequent events.

"Those individuals were acting on rumor and innuendo, without any investigation — let alone a third-party investigation of the facts," Schnatter wrote of the board's actions.

Papa John's announced late Sunday that Schnatter was prohibited from speaking to the press, was being removed from the company's advertising materials and that a special committee of independent directors revoked his office space at its Louisville, Kentucky, headquarters.

Schnatter reiterated his side of events in the letter, stating that Laundry Service was brought in to conduct a "diversity media training" session ahead of a conference he was attending.

He said Papa John's fired Laundry Service the day after the call took place, but still owed the media agency about $1.3 million. Schnatter said the agency requested $6 million "because they claimed some of their people had been offended by what I had said," he wrote.

One their attorneys threatened "a smear campaign" if Papa John's didn't pay up, Schnatter said, adding that the company ultimately paid Laundry Service $2.5 million.

"I will not allow either my good name or the good name of the company I founded and love to be unfairly tainted,” Schnatter wrote.

WATCH: Papa John's founder claims he was blackmailed

show chapters

    (2 images)

    Post Comment   Private Reply   Ignore Thread  


    TopPage UpFull ThreadPage DownBottom/Latest

    #1. To: Deckard (#0)

    From the facts as I understand them, he said absolutely nothing wrong.

    Pinguinite  posted on  2018-07-18   12:29:39 ET  Reply   Trace   Private Reply  


    #2. To: Pinguinite (#1)

    From the facts as I understand them, he said absolutely nothing wrong.

    I agree. From what I know about him, he has a reputation as a jerk, but that doesn't make him wrong in this case.

    Hank Rearden  posted on  2018-07-18   13:49:02 ET  Reply   Trace   Private Reply  


    #3. To: Deckard (#0)

    “I will not allow either my good name or the good name of the company I founded and love to be unfairly tainted,”

    All you gotta do to smooth shit over is offer a new pie... 4.99 for a large cheese topped with fried chicken and watermelon. Delivered with a 2 liter of grape soda. Call it the Obama supreme.

    I'm the infidel... Allah warned you about. كافر المسلح

    GrandIsland  posted on  2018-07-18   21:08:01 ET  Reply   Trace   Private Reply  


    TopPage UpFull ThreadPage DownBottom/Latest

    [Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

    Please report web page problems, questions and comments to webmaster@libertysflame.com