Papa John's founder Schnatter says he welcomes hedge fund Starboard [Reuters (UK)]
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: Reuters
Papa John's founder Schnatter says he welcomes hedge fund Starboard | Reuters 3 Min Read NEW YORK (Reuters) - Papa John’s International Inc founder John Schnatter welcomes hedge fund Starboard Value LP’s investment in the pizza restaurant chain, his lawyer said, even as he filed an updated lawsuit on Monday against the company. Papa John’s this month unveiled Starboard’s investment of up to $250 million and named the fund’s chief executive, Jeff Smith, as its chairman. Schnatter, who according to Refinitiv data owns about 30 percent of the company he founded in his father’s bar, served as chairman until last summer. He stepped down after reports he had used a racial slur on a media training conference call, a decision he said he regrets. He had stepped down as chief executive in December 2017. Schnatter, who is still a member of Papa John’s board of directors, has been trying to gain more control of the chain. With the Starboard investment, the number of directors jumped to nine from
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PZZA
Earnings
- 11/6/25 - Miss
PZZA
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- PZZA's page on the SEC website