Did Shaq buy Papa John?
Jun 10, 2021 · Does Shaq own Papa John’s? According to a form he filed with the Securities and Exchange Commission, O’Neal owns the equivalent of 89,723 Papa John’s
How many Papa John’s does Shaq own?
Mar 14, 2022 · Jeffersonville, Indiana, U.S. John Hampton Schnatter (born November 22 or 23, 1961), nicknamed commercially as Papa John, is an American entrepreneur who founded Papa …
What company owns Pizza Hut now?
Former National Football League star quarterback Peyton Manning, who led the Broncos and Colts to Super Bowl victories, owned 31 Denver-area Papa John’s Pizza sites from 2012 until …
Who is the owner of Papa Jones pizza?
Mar 30, 2020 · John Schnatter now owns just a slice of Papa John’s after another big sale By Haley Cawthon – Reporter, Louisville Business First Mar 30, 2020 John Schnatter used to own …
When was Papa John’s Pizza founded?
The Papa John’s restaurant was founded in 1984 when “Papa” John Schnatter knocked out a broom closet in the back of his father’s tavern, Mick’s Lounge, in Jeffersonville, Indiana. He then sold his 1971 Camaro Z28 to purchase US$1,600 worth of used pizza equipment and began selling pizzas to the tavern’s customers out of the converted closet. His pizzas proved sufficiently popular that a year later he moved into an adjoining space. Dipping sauce specifically for pizza was invented by Papa John’s Pizza that same year, and has since become popular when eating pizza, especially the crust. The company went public in 1993. A year later it had 500 stores, and by 1997 it had opened 1,500 stores. In 2009, Schnatter reacquired the Camaro back after offering a reward of $250,000 for the car.
Is Papa John’s a publicly traded company?
Papa John’s International is a publicly traded company, with 25% of its shares owned by John Schnatter. In January 2002, Papa John’s became the first national pizza chain to make online ordering available to all of its U.S. customers. Most other national chains later added online ordering to their services.
Where is Papa John’s located?
It is the fourth largest pizza delivery restaurant chain in the United States, with headquarters in Jeffersontown, Kentucky, a suburb of Louisville .
How many Papa John’s stores are there?
Papa John’s operates 246 “company owned stores” under joint ventures and 35 units in Beijing and North China.
How much money did Starboard invest in Papa John’s Pizza?
On February 4, 2019, it was announced that the activist hedge fund Starboard Value, which had played a large role in turning around the troubled Olive Garden restaurant chain, would be investing $200 million into Papa John’s Pizza and that Starboard could possibly invest an additional $50 million by March 29, 2019.
Did Schnatter withdraw from Papa John’s?
Schnatter agreed to dismiss two lawsuits filed against the company and to withdraw his plan to run for a seat on the board at the annual meeting. Papa John’s agreed to remove the “acting in concert” provisions from its “poison pill” plan that prevented Schnatter from communicating with other company shareholders.
Who is the CEO of Papa John’s?
On August 27, 2019, Papa John’s announced that Arby’s President Rob Lynch would be the new CEO replacing Steve Ritchie, who was handpicked by founder John Schnatter to succeed him in 2018. In September 2020, Papa John’s announced plans to move its global headquarters to the Atlanta metropolitan area.
Who is Papa John’s Pizza?
This is the latest accepted revision, reviewed on 16 July 2021. John Hampton Schnatter (born November 22 or 23, 1961), nicknamed commercially as Papa John, is an American entrepreneur who founded Papa John’s Pizza in 1984. Schnatter started the business in the back of his father’s tavern after selling his car and using the proceeds …
Is Papa John’s Pizza the official pizza company of the NFL?
Papa John’s Pizza had a marketing agreement to be the “official pizza company” of the NFL and also had marketing deals with 23 of its 32 individual teams, and Schnatter said the protests were hurting the company’s sales of pizzas.
Who is Papa John?
John Hampton Schnatter (born November 22 or 23, 1961), nicknamed commercially as Papa John, is an American entrepreneur who founded Papa John’s Pizza in 1984. Schnatter started the business in the back of his father’s tavern after selling his car and using the proceeds to purchase used restaurant equipment. As of 2017, his net worth was …
When did Schnatter start Papa John’s?
Career. Schnatter founded Papa John’s Pizza in 1984, when he converted a broom closet in the back of his father’s tavern. Schnatter sold his 1971 Z28 Camaro to purchase $1,600 worth of used pizza equipment and began selling pizzas to the tavern’s customers.
Who stepped down from Papa John’s?
After the call, the owner of the marketing agency moved to end their contract with Papa John’s. Schnatter resigned as chairman of the board the same day the incident was reported. Later that same day, Schnatter also stepped down from his position on the University of Louisville board of trustees.
Where is Papa John’s located?
In June 2019, the company was the fourth largest take-out and pizza delivery restaurant chain in the world, with headquarters in Jeffersontown, Kentucky , part of the Louisville metropolitan area. In November 2019, Schnatter made his first public comments after leaving Papa John’s to Louisville Fox affiliate WDRB.
When did Schnatter’s pizza go public?
His pizzas proved sufficiently popular that a year later he moved into an adjoining space. The company went public in 1993. A year later it had 500 stores, and by 1997 it had opened 1,500 stores. In 2009, Schnatter reacquired the Camaro after offering a reward of $250,000 for the car.
Who is the founder of Papa John’s?
John Schnatter, founder of Papa John’s, is pictured in this file photo with employees, making a surprise quality check on a row of pizzas laid out on counter at restaurant. (Photo by Taro Yamasaki/The LIFE Images Collection via Getty Images/Getty Images) Taro Yamasaki/ Getty Images.
How much of Papa John’s does John Schnatter own?
Mar 30, 2020, 5:20pm EDT. John Schnatter used to own more than a third of Papa John’s, a company he founded in 1984. Now, after months of unloading chunks of his stake, he owns less than 4%. Schnatter began selling his more than 9.9 million shares in May 2019, and less than a year later he is close to severing all financial ties with Papa John’s.
How much does Schnatter own?
Now, after months of unloading chunks of his stake, he owns less than 4% . Schnatter began selling his more than 9.9 million shares in May 2019, and less than a year later he is close to severing all financial ties with Papa John’s.
How many shares did Schnatter sell?
During three separate transactions between March 20 and March 24, Schantter sold nearly 350,000 shares, reducing his stake to just 1.27 million shares.
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Overview
Papa John’s International, Inc., d/b/a Papa Johns, is an American pizza restaurant chain. It is the fourth largest pizza delivery restaurant chain in the United States, with headquarters in Louisville, Kentucky within the Louisville metropolitan area.
Papa John’s global presence has reached over 5,500 locations in 49 countries and territories; and is currently the world’s third-largest pizza delivery company.
History
The Papa John’s restaurant was founded in 1984 when “Papa” John Schnatter knocked out a broom closet in the back of his father’s tavern, Mick’s Lounge, in Jeffersonville, Indiana. He then sold his 1971 Camaro Z28to purchase US$1,600 worth of used pizza equipment and began selling pizzas to the tavern’s customers out of the converted closet. His pizzas proved sufficiently popular t…
Operations
Papa John’s primarily takes carryout and delivery orders, although some restaurants have tables and chairs for dining in.
Franchise owners pay a one-off franchise fee of US$25,000 per restaurant, then a royalty fee of 5% of net sales, plus a charge for advertising of 8% of net sales. The company requires franchisees to have net worth of at least $250,000, the …
Controversies
Papa John’s received attention in May 2008 when a Washington, D.C. franchise distributed T-shirts making fun of Cleveland Cavaliers star player LeBron James at a playoff game against the Washington Wizards. Photographs of the shirts quickly spread from the Internet to Cleveland television. Increasing awareness of the controversy prompted an apology from the Papa John’s national headqu…
Litigation
In 1997, Pizza Hut filed a lawsuit against Papa John’s based on a series of advertisements that compared the ingredients of Papa John’s and its competitors. Pizza Hut successfully argued that Papa John’s slogan did not constitute statements of literal fact – that “fresher ingredients” do not necessarily account for a “better” pizza. This ruling was overturned in 2000 when Papa John’s appealed the decision. Although the jury’s decision on the misleading advertising was upheld, th…
See also
• Cardinal Stadium – a football stadium on the campus of the University of Louisville formerly bearing the company’s name via a naming rights agreement
• List of pizza chains
• List of pizza chains of the United States
External links
• Official website
• Business data for Papa John’s Pizza:
Overview
John Hampton Schnatter (born November 22 or 23, 1961), nicknamed commercially as Papa John, is an American entrepreneur who founded the Papa John’s pizza restaurant chain in 1984. Schnatter started the business in the back of his father’s tavern after selling his car and using the proceeds to purchase used restaurant equipment. As of 2017, his net worth was more than $1 billion.
Early life and education
Schnatter was born in Jeffersonville, Indiana, in 1961, to Mary and Robert Schnatter. His mother was a real estate agent and his father was a judge in Jeffersonville. He has German ancestry. He graduated from Jeffersonville High School in 1980 and received a business degree from Ball State University in 1983.
In the 1980s, Robert Schnatter co-owned Mick’s Lounge, a Jeffersonville tavern.
Career
Schnatter founded Papa John’s Pizza in 1984, when he converted a broom closet in the back of his father’s tavern. Schnatter sold his 1971 Z28 Camaroto purchase $1,600 worth of used pizza equipment and began selling pizzas to the tavern’s customers. His pizzas proved sufficiently popular that a year later he moved into an adjoining space. The company went public in 1993. A year later it had 500 stores, and by 1997 it had opened 1,500 stores. In 2009, Schnatter reacquir…
Personal life
In 1983, Schnatter sold his 1971 Chevrolet Camaroto help his father’s struggling business. He used the leftover funds to start Papa John’s. Decades later, he offered a reward of $250,000 for the car, and on August 26, 2009, he bought it back for $250,000. The family he sold it to had sold it, but he still paid them a $25,000 finders’ fee. In celebration, Papa John’s offered a free pizza to anyone who owned a Camaro. Schnatter’s original Camaro has been on display in the company’…
Awards and honors
• Named 1998 National Ernst & Young Retail/Consumer Entrepreneur of The Year.
• Named one of the Ten Outstanding Young Americans in 2000 by the National Jaycees Organization.
• Inducted into the Junior Achievement U.S. Business Hall of Fame in 2007.
External links
• John Schnatter on Twitter
• John Schnatter on Twitter