John Schnatter

John H. Schnatter is an American entrepreneur, founder, chairman, and CEO of the pizza company of Papa John’s International, Inc. which is founded in the year 1984. He is Nicknamed commercially as Papa John, Company’s CEO in January 2018. He is Popularly known as Papa John’s Pizza. He was succeeded as CEO by President and COO Steve Ritchie but remained chairman of the board of directors until July 2018. He then resigned as chairman of the board on 11th July 2018.

Gossips and Rumors

Papa John’s spikes after a report said private equity firms are fighting for a stake in the pizza chain (PZZA). Private equity firms are fighting to acquire a stake in the pizza chain Papa John’s.
Shares of the pizza chain rallied 10% following the news. Papa John’s is likely to be valued at $63.50 per share during a potential acquisition, Jefferies analyst Alexander Slagle recently said. Papa John’s shares rallied 10% Tuesday after a Reuters report said private equity firms are fighting to acquire a stake in the pizza chain. Papa John’s was down 6% this year through Tuesday.

Famous For

  • Being the CEO of the Pizza company of Papa John’s International, Inc.

Early Life of John

John was born on November 22, 1961, in Jeffersonville, Indiana to Mary Beth and Robert (D.1985). John Schnatter’s father was a Judge and in the year 1980, he co-owned Mick’s Lounge, a tavern in Jeffersonville and his mother was a real estate agent. His birth sign is Sagittarius. His nationality is American.

Regarding his education, he studies in his own hometown Jeffersonville high school. He graduated in 1983 with a BA degree in business administration from Ball State University.

Body Features of John

John has got very attractive body features. He has a tall height of 5 ft 10 in. His other body features such as weight, hair color, eye color, body measurement have not been revealed yet and will be updated soon. With his glowing smile, he attracts a lot of people towards him.

Career of John

  • John began delivering pizzas for his father’s tavern Mick’s Lounge.
  • He invested in Pizza making equipment by selling his 1972 Camaro Z28 and began selling pizzas to the tavern’s customers.
  • Because of his hard work, his business had become successful the following year.
  • In November 2017 the company list as the third largest take-out and pizza delivery restaurant chain in the world in Jeffersontown, Kentucky. Later he became the CEO of Papa John’s International, Inc.
  • John founded Papa John’s Pizza in the year 1984 when he converted a broom closet in the back of his father’s tavern.
  • As of November 2017, the company is the third-largest take-out and pizza delivery restaurant chain in the world, with headquarters in Jeffersontown, Kentucky, part of the Louisville metropolitan area.
  • He was replaced as Chief Executive Officer effective on 1st January 2018, by Chief Operating Officer Steve Richie.
  • It was reported that Schnatter had used the word nigger during a conference call with marketing agency Laundry Service in May of that year, saying “Colonel Sanders called blacks niggers and Sanders never faced public outcry” on 11th July 2018.
  • He filed a lawsuit against Papa John’s Pizza to give him access to the company’s books and records after they did not allow him to access the company’s business records following his resignation in the wake of the teleconference call scandal on 26th July 2018.

Politics

He hosted a fundraiser at his house in 2012 for Republican Presidential nominee Mitt Romney.

In January 2017 he contributed to Donald Trump’s 2016 presidential campaign and made supportive comments about his administration.

Net Worth of John

The net worth of John is estimated to have $1 Billion as of 2018. His hands are insured for $15.3 Million. He is earning a good amount of money from his career. His exact salary has not been revealed yet and will be updated soon. There is no doubt in the mind of his follower that he is earning a good amount of money from his work. He also owns a Vintage 1971 Chevrolet Camaro.

Affairs of John

John Schnatter is a married man with his wife Annette Schnatter in April 1987. They were blessed by three children Danielle, Beau, and Kristine. He is known as Chuck. He is an Evangelical Christian member of the Southeast Christian Church. The couple is living a happy life and there is no sign of separation between them. They are enjoying their life together.

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