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Papa John's founder resigns as chairman for using racial slur

Press Trust of India  |  Washington 

John Schnatter, the founder and public face of popular American chain Papa John's, has resigned as the company's chairman, hours after apologising for using a racial remark during a conference call, US said today.

Schnatter, a Trump donor, had stepped down as the corporation's in January after he said that protests of racial injustice were hurting the company's sales.

According to a report in the 'Forbes', Schnatter, 56, had used the N-word while participating in a role-playing exercise designed to prevent with a marketing agency.

confirmed the allegation in his apology.

"reports attributing the use of inappropriate and hurtful language to me during a regarding race are true. Regardless of the context, I apologise. Simply stated, racism has no place in our society," reported, quoting the company's statement.

The company have accepted the resignation of as of the Board, the statement said yesterday, adding it would appoint a new "in the coming weeks".

founded Papa John's in 1984. He is the public face of the company and its largest shareholder, controlling 29 per cent and appears in its ads, the report said.

Papa John's is the third largest in the US by sales after and

It has stores in dozens of countries around the world, spanning Latin America, Europe, the and in Asia, including

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 12 2018. 15:45 IST