Who Owns Papa Johns Pizza?

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.

John Schnatter
Born John Hampton Schnatter November 22 or 23, 1961 Jeffersonville, Indiana, U.S.
Other names Papa John
Alma mater Ball State University

Does Shaq own Papa John’s?

O’Neal’s nine Papa John’s pizza franchises cost in the neighborhood of $800,000 a piece, so he looks to have holdings worth in the neighborhood of $7 million. He also serves as a brand ambassador for the 37-year-old company and has been on its board of directors since 2019.

What percentage of Papa John’s does Shaquille O’Neal own?

READ MORE: Step inside the Papa John’s Shaq built. Papa John’s owns about 70 percent of the joint venture. Shaq invested roughly $840,000 for the restaurants’ acquisitions costs of $2.8 million, according to a securities filing. As Ritchie mentioned earlier in the year, the ground-level impact is pretty clear.

Who owns the majority of Papa John’s?

Top 10 Owners of Papa John’s International Inc

Stockholder Stake Shares owned
BlackRock Fund Advisors 9.51% 3,423,606
The Vanguard Group, Inc. 9.23% 3,322,700
Starboard Value LP 7.66% 2,759,360
AllianceBernstein LP 3.70% 1,332,105

Does Peyton Manning own Papa John’s?

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 2018.

Does Shaq own Krispy Kreme?

The Krispy Kreme franchise is partially owned by basketball legend and sports commentator Shaquille O’Neal.

Does Shaq own Five Guys?

Shaquille O’Neal Owns 155 Five Guys Restaurants, 40 Fitness Centers, And 1 Movie Theater Among Other Businesses. Shaquille O’Neal is one the most dominant players in NBA history, but also one of the smartest. The Big Diesel always liked to have fun, but he knew that money isn’t made to just spend it.

What franchises does Shaq own?

Shaq also owns Big Chicken fast food in Las Vegas, several cafeterias of the Krispy Kreme franchise in Atlanta and his own restaurant Shaquille. In addition, he advertised brands such as Burger King, McDonald’s, Taco Bell, Pepsi and Oreo.

Does Shaw Own Papa Johns?

He has gradually shed all of those titles and for much of the past year has been selling off his stock holdings as well. According to a federal securities filing Monday, Schantter sold another 350,000 shares. He now owns fewer than 1.3 million shares of Papa John’s stock, or less than 4% of the company.

Is Papa Johns still owned by John?

The message: Sorry, haters. Papa John is still large, if not in charge. It’s hard to think of many entrepreneurs who have personified a company as palpably as Schnatter. When their messy breakup began, he was Papa John’s chairman, chief executive officer, and largest shareholder, with 31% of the stock.

Did Schnatter sell Papa Johns?

Schnatter acknowledged it was true, ultimately leaving the company and losing his founders’ agreement that made him Papa John’s primary spokesman.

What companies does Peyton Manning own?

In 2015, Manning became the owner of 31 Papa John’s chains in the Denver, Colorado area, but sold them once their partnership with the NFL ended. Manning doesn’t just sit on this money. He uses it for good.

How many Papa Johns does Jerry Jones own?

That’s because he owns a percentage of 50 Papa John’s stores in North Texas, according to Stephen Jones.

Why did Peyton leave Papa Johns?

Why Manning sold his Papa John’s stores

According to USA Today, the NFL and Papa John’s relationship became strained due to declining pizza sales. Schnatter accused the league of contributing to the chain’s declining sales.

Who is the real owner of Cicis Pizza?

Cicis was acquired by Arlon Group in 2016 and currently has approximately 430 restaurants in 31 states. It has experienced positive sales growth and overall improvements in guest satisfaction and food quality since then and looks to continue its momentum under Mitchell’s leadership.

What pizza company does Shaq own?

– Franchise King. At one point, Shaq owned 155 Five Guys restaurants – equivalent to 10% of the company’s entire franchise portfolio. – Invest in What You Love. Shaq also has investments outside of the food industry. – The Brand of Fun. Despite his sprawling empire of franchises and other investments, Shaq hasn’t stopped building up his personal brand either.

Did Shaq buy Papa John?

Shaquille O’Neal owns Papa Johns in a very loose sense, in that he is a franchise owner in Atlanta GA with nine stores, he sits on the board of directors for the company, and he owns stock in the company. However, he does not own Papa Johns outright.

Who is the owner of Papa Jones pizza?

Papa John’s may still be one of the most well-known pizza chains in the United States, but it’s certainly seen better days. The company’s founder, John Schnatter, is responsible for having built Papa John’s into a cheesy empire, but Schnatter has also harmed the company in numerous ways.

Crustless Pizza (Almost ZERO carbs!)

This crustless pizza is the perfect low-carb comfort food since it has all of the greatest aspects of a pizza, but without the doughy crust. It takes only 15 minutes to prepare and is cheesy, meaty, and easily customizable. It is created in a single skillet and may be served immediately.

Crustless Pizza

We all appreciate a quick and easy keto meal dish.One that we can put together quickly with minimum preparation and that tastes excellent as well.When I’m in the need for carbohydrates or comfort food, I turn to a few go-to recipes.I adore creating keto mac and cheese, and I also appreciate a good keto gnocchi dish every now and again.When the desires for pizza strike, though, there is nothing better than a crustless pizza.

What is a crustless pizza made of?

  • A crustless pizza, as the name implies, is a pizza that contains all of the ingredients you enjoy about pizza but does not include the crust. It’s a favorite meal among individuals who are following a low-carb diet since the foundation is made of ground pork and the dish is topped with plenty of shredded cheese. Therefore, I prepare it anytime my urge for carbohydrates strikes! The following are the reasons why this crustless pizza dish will become a dinnertime favorite: Carbohydrates are non-existent. Have you ever wondered why crustless pizza is so popular among those following the ketogenic diet? It contains only a little amount of carbohydrates! If you add specific veggies or smoked meats, the carb count may rise, but when prepared as directed, it is almost carb-free.
  • Everything is cooked in a single skillet. Everything, from browning the ground beef to building the no-crust pizza, is done in a single cast-iron skillet. There is no need to wash dishes or use several mixing bowls.
  • In 15 minutes, you’ll have everything you need. This dish takes less than 15 minutes to prepare from start to finish. It’s a great option for a quick keto supper.

What I most enjoy about this dish is how well it fulfills my desires for pizza. Like the majority of people, I find the crust to be the most uninteresting portion of the pizza, and it serves mostly as a vehicle for all of the toppings. Even individuals who do not follow a low-carb diet are enthralled by the concept!

How do you make a no crust pizza?

The Ingredients.

  • Ground meat– I prefer to use lean ground turkey since it reduces the total fat content of the dish (which is necessary to balance out all of the cheese used!). You may make this dish with lean ground beef, chicken, or even pork.
  • Garlic– to be cooked with the ground turkey
  • olive oil– to be used in the pan to sauté everything
  • A must-have for any good pizza recipe is a blend of Italian ingredients.
  • To make the ground turkey cheesier, cheddar cheese is blended with the ground turkey, and mozzarella cheese is sprinkled on top to give it the true pizza topping flavor.
  • Pizza sauce– Make your own keto pizza sauce to avoid consuming carbohydrates.
  • Pizza toppings– I like to use bell peppers, mushrooms, and pepperoni on my pizza, but you may use whatever you like!

The Instructions.

To begin, pour your olive oil into a 12-inch pan and heat it over medium heat until it shimmers.As soon as the oil is heated, add the garlic and sauté until it is fragrant.Add the ground turkey and mash it up with a spatula until it is crumbly.Continue to cook the ground turkey for 5-6 minutes, or until it is no longer pink in the middle.After then, turn off the heat under the skillet.

As you stir in the cheddar cheese, make sure it is well mixed so that it forms the basis of the ″pizza.″ Place the pizza sauce on the bottom of the pan, followed by the pizza toppings, and then the mozzarella cheese on top.Bake the crustless pizza for 12-15 minutes, or until the cheese is bubbling on top, until the crust is crispy.Before slicing and serving the pizza, take it out of the oven and let it cool.

Tips to make the best recipe

  • Adding cheese to cooked ground meat enhances the cheesy taste of the meat while also keeping it moist and tender. If you skip this step, you run the danger of the pizza drying out once all of the toppings have been applied and the pizza has been cooked again.
  • Keto pizza can be substituted for regular pizza if you wish to add some ″crust.″ There are essentially no carbohydrates in this dish, yet it provides you with the highly sought crust.
  • The toppings that were utilized in this dish were chosen based on personal choice only. Basically, you can add any toppings you want, even ground beef!

Storing, freezing, and reheating instructions

  • To keep leftovers, place them in an airtight container in the refrigerator for up to five days.
  • In order to freeze a pizza, place it in an airtight container and place it in the freezer for up to 6 months.
  • Reheating Instructions: Microwave for 30-40 seconds or cook in a preheated oven until warm.

What to serve with keto crustless pizza

  • Keto garlic bread
  • Breadsticks
  • Buns
  • Rolls
  • Lasagna

Frequently Asked Questions

  • Can you tell me which pizza chain serves crustless pizza? Although Domino’s, Papa Murphy’s, and Pizza Hut all provide crustless pizzas, the processes used to prepare them vary from one another. Instead of using a crust around the edges, they just pile on additional toppings until the entire pizza is covered, thus the term ″crustless.″ Is it possible to eat pizza without a crust on a keto diet? While a handmade crustless pizza (such as this dish) is keto-friendly, takeaway choices such as those from Domino’s or Pizza Hut are not, according to the experts. While both restaurants’ pizzas still have a ‘crust’ (which is composed of pizza dough), extra toppings are used to cover the edge of the pizza, thereby making it ‘crustless. Is it possible to order a pizza without a crust? Currently, there is no known pizza business or chain that offers the option to order a pizza without the use of a traditional dough crust. 1 tablespoon olive oil
  • 1 clove garlic minced
  • 1 tablespoon Italian spices
  • 1 cup cheddar cheese grated
  • 1/2 cup keto pizza sauce
  • 4 tiny mushrooms chopped
  • 1/4 cup olives slices
  • 8 slices pepperoni
  • 1/2 cup mozzarella cheese grated
  • 1/2 cup mozzarella cheese grated
  • Preheat the oven to 200 degrees Celsius/400 degrees Fahrenheit. In a pan, heat the olive oil over medium heat until shimmering. Once the oil is heated, add the garlic and simmer for a minute or two until fragrant. Toss in the ground turkey and break it up with a rubber spatula until it is crumbly. Cook for 4-5 minutes, or until the pink is no longer visible. Stir in the Italian spices until well combined.
  • Turn off the heat and remove the skillet from the stove. Add in the cheddar cheese and mix well. Spread the pizza sauce on the crust, then add the mushrooms, olives, and pepperoni to your liking. The mozzarella cheese should be sprinkled on top.
  • Bake the crustless pizza in the pan for 10-15 minutes, or until the cheese is bubbling and golden.
  • Remove the skillet from the oven and cut it into four equal servings, which should be served right away.

TO STORE: Leftovers can be kept in an airtight container in the refrigerator for up to five days.IN ORDER TO STORE THE PIZZA IN THE FREEZER FOR UP TO 6 MONTHS: Place the cooled pizza in an airtight container and store in the freezer for up to 6 months.Preheat in the microwave for 30-40 seconds, or warm up in the preheated oven, depending on your preference.1 slice per person The following are the calories in this recipe: 282kcal |Carbohydrates: 3g |

Protein: 25g |Fat: 19g |Sodium: 494mg |Potassium: 272mg |Fiber: 2g |

  • Vitamin A: 419IU |
  • Vitamin C: 1mg |
  • Calcium: 342mg |
  • Iron: 1g |
  • NET CARBS: 1g

10 companies you’ve never heard of control more than 50 of the biggest restaurant chains in the world

  • Markets in the United States are filling up. H M S was last updated on September 5, 2019 at 14:08:00Z. Ten corporations own more than 50 of the most well-known names in the chain restaurant industry, including Panera Bread and Burger King.
  • As the cost of running a restaurant rises, more and more chains are merging to form mega-corporations.
  • Here’s a peek at the real owners of some of the most well-known names in the restaurant industry:

It’s possible that your favorite fast-food restaurant is not what it appears to be.While well-known brands such as Burger King, Taco Bell, and Olive Garden have established themselves in the restaurant industry, many of the largest names in the industry are actually owned by mega-corporations.This type of holding company and private-equity business frequently invests in or owns a diverse portfolio of brands, both within and beyond the restaurant sector.As expenses continue to climb, size becomes increasingly important in the restaurant industry.Paul Brown, the CEO of Inspire Brands, which owns Arby’s, Sonic, and Buffalo Wild Wings, recently told Business Insider that ″if you can take that and distribute the cost across 8,400 stores versus 3,600 restaurants, there is an inherent benefit in that.″ More information may be found at: The CEO of Inspire Brands explains his intentions for the relaunch of Buffalo Wild Wings, the growth of Sonic, and other acquisitions.

Consider the following list of corporations that really control some of the most recognizable names in the restaurant industry:

Yum Brands

Yum Brands is the parent company of KFC, Pizza Hut, and Taco Bell.″We do not need to acquire other assets in order to achieve size.We already have a large number of people ″In December, Yum Brands’ president and chief financial officer, David Gibbs, spoke with Business Insider about the company’s financial position.Gibbs feels that the importance of scale is become more and more significant.For example, Yum Brands’ size made it feasible to enter into a partnership with GrubHub, which resulted in the business purchasing a $200 million share in the food delivery startup.

The reason for this is that so many other firms are going out and acquiring fresh concepts in order to try and grow their own scale, says Gibbs.″We’re seeing a lot of that right now,″ he says.More information may be found at: The firm that owns Taco Bell, KFC, and Pizza Hut has remained mostly unaffected by the food industry’s acquisition drive – at least not yet.Here’s what the president is looking for in this situation.

Restaurant Brands International

Restaurant Brands International, the parent company of Burger King, Tim Hortons, and Popeyes, is headquartered in Atlanta, Georgia.On Wednesday, executive chairman Daniel Schwartz discussed the company’s acquisition strategy with investors, saying, ″In the past, you’ve seen us be opportunistic.″ Schwartz also discussed the company’s growth plan with investors.″We’ve purchased three outstanding brands that we believe have tremendous worldwide development potential,″ says the company’s CEO.The CEO of Restaurant Brands International, Schwartz, stated that the company may explore purchasing more ″iconic″ brands with considerable long-term development potential in the future.

  • More information may be found at: There has been speculation that Burger King’s parent firm may explore acquiring Papa John’s.
  • What the chairman says he looks for in a brand is summarized as follows.
See also:  How Many Calories In Little Caesars Thin Crust Pizza?

Darden Restaurants

Darden Restaurants is a corporation established in Orlando, Florida, that owns eight restaurant franchises, including Olive Garden, LongHorn Steakhouse, and Cheddar’s Scratch Kitchen, among others.According to Darden CEO Gene Lee at a January presentation, ″really nothing has changed in 40 years″ when it comes to the dining industry.″If you stop and think about it, despite all of the technology developments, we’re still essentially doing the same thing,″ Lee concluded.″There will be no significant changes in the next 10 years, other than a sustained commitment to openness in terms of the services you provide to the public.

  • In addition, I believe that you will have to make yourself a little more handy for them.″ More information may be found at: What the parent company of Olive Garden and LongHorn Steakhouse is looking for in an acquisition is neither a fashionable fast-casual restaurant or a ″technologically sophisticated experience,″ according to the CEO of Olive Garden and LongHorn Steakhouse.

Focus Brands

Focus Brands is the franchisor and operator of Carvel, Cinnabon, Schlotzsky’s, Jamba Juice, Moe’s Southwest Grill, Auntie Anne’s, McAlister’s Deli, and Seattle’s Best Coffee, among other popular franchise brands.Focus Brands is controlled by private equity firm Roark Capital, which is allegedly preparing an initial public offering (IPO) for the company in 2019.Beyond food and beverage, Roark’s portfolio includes investments in firms such as Anytime Fitness and Drybar, as well as Inspire Brands, which is another restaurant-focused company.

Inspire Brands

Inspire Brands said in September that it will acquire the burger business Sonic for $2.3 billion in cash and debt, as well as other assets.Inspire Brands, which already owned Arby’s, closed on a deal to purchase Buffalo Wild Wings and Rusty Taco earlier in the year, bringing the company’s total acquisitions to four.According to Inspire Businesses CEO Paul Brown at the time, ″we appreciate brands that are fantastic brands, that have seen incredible success, and may be in a transitory phase with a little bit of a problem, where there is a chance to come in and bring it back on a path.″ Roark Capital is the primary shareholder of Inspire Brands.Continue reading: Arby’s former CEO is establishing a fast-food empire.

Bloomin’ Brands

After announcing the acquisition of Sonic Burgers for $2.3 billion in cash and debt in September, Inspire Brands announced the closing of the transaction.Inspire Brands, which already owned Arby’s, closed on a deal to purchase Buffalo Wild Wings and Rusty Taco earlier in the year, bringing the company’s total acquisitions to three.According to Inspire Businesses CEO Paul Brown at the time, ″we appreciate brands that are fantastic brands, that have seen incredible success, and may be in a transitory phase with a little bit of a problem, where there’s an opportunity to come in and bring it back on a path.″ It is worth noting that Roark Capital owns a controlling stake in Inspire Brands.Continually updated: Arby’s ex-CEO creates fast-food conglomerate

Brinker International

Brinker International is the owner of Chili’s Grill & Bar and Maggiano’s Little Italy, among other businesses. formerly owned restaurants such as Romano’s Macaroni Grill, On the Border Restaurant, and Corner Bakery Cafe, among others.

Golden Gate Capital

Golden Gate Capital is the parent company of Bob Evans and California Pizza Kitchen, as well as a controlling ownership in Red Lobster. Eddie Bauer, Pacific Sunwear of California, and Next Model Management are among the companies that make up the holding company’s portfolio.

Jollibee Foods Corporation

In addition to its namesake Jollibee, Jollibee Foods Corporation has also invested in American chains such as chef Rick Bayless’ Tortas Frontera and Smashburger, which JFC acquired in 2018. JFC additionally serves as an international franchisee for a number of brands, including Dunkin’ Donuts and Burger King. Deal icon An icon in the shape of a lightning bolt. Keep reading Loading Something is loading. More: Brands Food Fast Food Restaurants Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

Almost 200 Papa John’s restaurants stay open in Russia despite vow to close

|11:29 a.m.on March 16, 2022 According to estimates, around 200 Papa John’s locations remain operational in Russia despite a declaration by the company that it will cease all business operations in the country as a result of the nation’s invasion of Ukraine.In accordance with a contract with a corporation controlled by Christopher Wynne, a citizen of the United States who has been living part-time in Russia since the early 2000s, the 190 shops are operated entirely by Russians.

  • Despite the fact that some businesses have suspended operations in protest of the crisis in Ukraine, Wynne has stated that he does not intend to do so.
  • Instead, he plans to establish additional sites throughout the year.
  • As Wynne stated in an interview with the New York Times, ″the most important thing I can do as an individual is to demonstrate compassion for individuals, including my workers, franchisees, and customers, without condemning them based on the policies of the government in authority.″ ″The great majority of Russians are quite level-headed and cognizant of the dire seriousness of the situation in which they find themselves.″ After all that, they enjoy a decent pizza at the end of the day.″ THE ENTITIES BAILING OUT RUSSIA FOR ITS INVASION INTO UKRAINE It was stated on March 9 by Papa John’s International that the firm will discontinue all operations, marketing, and business assistance to the Russian economy, emphasizing that the company itself does not own or run any franchisees in the country.
  1. The company has no franchises in the country.
  2. These establishments are often managed by independent franchisees, providing proprietors with a financial incentive to keep their doors open for business.
  3. As a result, the firm has virtually severed connections with Wynne’s eateries, which was not totally unexpected, according to the CEO.

According to Wynne, ″our points of view diverged quite rapidly.″ ″I have a point of view from which my first concern is the well-being of my staff and franchisees, as well as the continuation of cultural interchange with the Russian people.″ The Washington Examiner reports that Wynne, a Colorado native who also has a property in Moscow, has stated that he expects to establish 20 to 40 additional outlets in Russia by the end of this year.CLICK HERE FOR MORE INFORMATION FROM THE WASHINGTON EXAMINER Although he conceded that the plans may be jeopardized by Russia’s faltering economy and the possibility of reprisal by the Russian government against U.S.-owned enterprises, he did not elaborate.Starbucks, McDonald’s, and Coca-Cola were among the corporations that announced a suspension of operations in Russia, after similar moves by Starbucks, McDonald’s, and Coca-Cola.Sanctions on Russia have been implemented by the United States and numerous other countries, leading the value of the country’s currency to plummet by the end of February.

Funny Pizza Place Signs That Were Sufficiently Saucy And Cheesy

A nice sign joke is something we like.Perhaps it is because we recognize the work required to bring out 30 foot-tall plastic letters, position them in the proper sequence, and spend a half-hour slapping those bad boys up there with a huge long suction-cup pole.The amount of time required to consider whether or not your joke is worth it is significant, and these individuals persevered in order to make public their truly dumb pizza thoughts.It’s not exactly fun to be a pizza maker all day, so we’re grateful that people are finding ways to have fun where they can, in order to be seen by similarly bored passersby.

  • Our hats are off to the sign people, and may you ride off into the sunset on your suction-cup pole like a witch on a broomstick, as we do.Here are some more funny sign jokes for people who want their jokes to be on a literal post, such as the following:″

Shaq’s vision behind his investments is not just about making money. He has set out to change lives for the better through franchise ownership.

Shaquille O’Neal, a former NBA player, is estimated to have a net worth of over $400 million, with a large portion of it being derived from his ownership of a number of franchise restaurant units.According to Findingfuel.com, they include 17 Auntie Annie’s Pretzels locations, nine Papa John’s restaurants, one Krispy Kreme restaurant, and a Big Chicken restaurant that is now in the process of becoming a franchise.He used to be a part-owner of 155 Five Guys restaurants in the Los Angeles area.How is everything going for him right now?

  • He said in a televised appearance that he earns more money from his business interests than he does from his $30 million-plus salary as a professional basketball player.
  • He also informed the reporter that when he is looking at possible franchise businesses, he only invests if he genuinely loves the product and/or company under consideration.

Shaq’s net worth is just part of the picture

Despite the fact that Shaq’s net worth is out of this world, it is only one aspect of his winning strategy.He also hopes to make a positive difference in people’s lives through the ownership of franchises.The following philosophy, according to an interview with The Wall Street Journal published in 2021, also plays a significant role in his decisions: ″Whenever I conduct business, it isn’t about the money,″ says the entrepreneur.During a conversation, I overheard Jeff Bezos explain that he makes investments depending on whether or not they will have a positive impact on people’s lives.

  • And after I started using the method, I believe I have more than doubled my current net worth.″ So, what culinary franchises does Shaquille O’Neal have under his control?
  • According to Findingfueld.com, here’s what you should know:

Auntie Anne’s

Auntie Anne’s hallmark meal is soft pretzels that are fresh out of the oven and bursting with delectable aromas.Pretzel dogs, pretzel snacks, and drinks are all available from the company.Auntie Anne’s, which was founded in 1988, has almost 2,000 locations in shopping malls and transportation hubs (such as airports and railway stations) across the world.O’Neal apparently owns nine stores in Michigan and eight in Buffalo, N.Y.

  • Each Auntie Anne’s restaurant costs around $385,000 to open, bringing O’Neal’s total investment to almost $6.5 million.

Krispy Kreme

According to TMZ, O’Neal is interested in purchasing 100 units of the 83-year-old Krispy Kreme.His current franchise location is in Atlanta, and it was purchased for around $2,750,000.Fresh hot doughnuts are the franchise’s signature item, but it also serves hot and cold drinks, soft-serve ice cream, and a variety of shakes and smoothies.In an interview with The Wall Street Journal, O’Neal stated that his favorite business venture is Krispy Kreme.

  • Afterwards, he said that he did so because ″I adore doughnuts, and Charles Barkley likes doughnuts.″ And he’s one of my most important customers.
  • ″I want to be a significant part of that business.″

Papa John’s

Given that O’Neal’s nine Papa John’s pizza restaurants are each worth in the vicinity of $800,000, it appears that he has holdings worth in the neighborhood of $7 million in total.As a brand ambassador for the 37-year-old corporation, he also serves on its board of directors, which he has done since 2019.Papa John’s restaurants were owned by another sports legend, retired NFL quarterback Peyton Manning, until his death in 2018.

Big Chicken

In an announcement, O’Neal stated that he intends to expand Big Chicken, which specializes in mega-sized chicken sandwiches that are lavishly topped with ingredients such as coleslaw and macaroni & cheese. O’Neal owns a controlling stake in the restaurant, which he launched in 2018 with his brother. He appears on camera in order to promote the cuisine.

Five Guys

The fact that O’Neal has sold himself of his Five Guys stock is important to remember because he most likely paid $100 million or more buying his part of 155 Five Guys businesses. The restaurant, which opened its doors in 1986, provides burgers, fries, and drinks at strip malls, transit hubs, sports arenas, and on college campuses around the country.

Making a difference

O’Neal is not only making a difference in people’s lives through franchise ownership, but he has also set out to make a difference in the marketing industry by supporting diversity.Majority, an advertising firm that focuses on diversity, was formed with the help of the basketball star.His vision is to tell stories about diversity and ″help open doors, connect dots, create opportunities, and celebrate successes,″ according to cofounder Omid Farhang, who spoke with businessinsider.com about his company’s mission.MARY VINNEDGE is an award-winning writer who has worked as editor in chief and managing editor for national and regional publications, including SUCCESS and Design NJ magazines.

  • She has also worked as a freelance writer and editor.
  • As a staff writer for FranchiseWire, Mary brings you the most up-to-date news from the business as a seasoned journalist.
See also:  How To Clean A Pizza Stone That Is Black?

Papa John’s Paying Shaq $4 Million to Rep Brand

What is the financial expense, and what is the outcome?Clearly, enlisting Shaq’s assistance in the marketing campaign was a wise decision on the side of Papa John’s marketing staff.According to the Monday filing, here’s how things are going to play out.Pizza Hut will pay him $4.125 million over the course of three years in three installments, the first of which will be $1,250,000 in the first year.

  • After that, it will rise to $1,375,000 and $1,500,000 in the following two and three years, respectively.
  • In addition, Shaq will get 87,136 shares of stock that will vest between 2020 and 2022.
  • Papa John’s stock was selling for around $51 on Monday, bringing the current market capitalization of the company to approximately $4.4 million.
  1. It is possible, however, that this will vary significantly over time for a variety of reasons.
  2. Shaq’s deal is currently worth around $8.5 million in total, according to current market conditions.
  3. Other facts were provided in the application as well, including: One or more co-branded goods will be released in the near future.

Shaq is required to do at least eight ″service days″ per the terms of the agreement.Two production days (up to four eight-hour days each) with the Papa John’s creative agency are included in this package, but are not restricted to that number.During company-wide events, Shaq will spend at least one day interacting with franchisees and staff; one day touring Papa John’s restaurants (data and locations to be determined); and one day at a community event.Shaq is also expected to participate on social media, according to Papa John’s.

Every month, he is obligated to post on his Instagram, Twitter, and Facebook pages to promote Papa John’s goods at the very least.The postings will be created by Papa John’s, and Shaq’s staff will review and approve them.Shaq will provide business and consumer PR interviews, including two broadcast TV interviews and three print or online media interviews in New York City; two approved photos for release (one at a Papa John’s restaurant and one making pizza with Ritchie); a social media post; a quote for a press release; a business headshot; and a business bio for the affiliation announcement between Shaq and Papa John’s.Throughout the duration of the arrangement, Shaq will be available for a total of 60 minutes of interview time to promote Papa John’s Pizza.

  1. He will be prepared for each speech by being trained in advance.
  2. When it comes to the co-branded items, the document stated that the parties will ″collaborate in good faith″ to create one or more of them.
  3. All of this, of course, has the potential to change over time.
  4. And, as a member of the board of directors as well as an investor, Shaq is striving to further his personal interests.
  5. Consumer attitude improved immediately after the original announcement, according to Ritchie of Papa John’s Pizza.
  6. Additionally, the National Marketing Fund board, which is comprised of representatives from Papa John’s franchise partners and corporate workers, ″unanimously endorsed″ the move.
  • Can Shaq’s charisma put Papa John’s back on the path to profitability, bringing the firm back to a place where it had seen 14 years of flat to positive sales growth before Shaq joined the team?
  • Only time will tell, but this seems to be a really promising beginning.

Peyton Manning and Papa John’s Franchise: The Full Story

The former National Football League great quarterback, Peyton Manning, who led the Broncos and the Indianapolis Colts to Super Bowl triumphs, owned 31 Papa John’s Pizza locations in the Denver region between 2012 and 2018.″It’s a sensible investment now, and it will continue to be a smart investment long after I’m done playing football,″ Manning told the press media when he first announced his ownership of the team.His Papa John’s franchises were given to him as part of his pay as a celebrity spokesperson for the firm, although this was never explicitly stated.) Manning quickly rose to the position of active supporter of the business, appearing in multiple television advertisements, including ones alongside John Schnatter (above), the company’s founder and then-CEO at the time of his appearance.Manning excitedly shared information with supporters about how they might join him in becoming a franchise owner in one advertisement.

  • At the time Manning was a multi-unit franchisee of Papa John’s, the NFL also maintained strong links with the pizza chain, creating a collaboration with the company that began in 2010, according to Restaurant Business magazine.
  • Manning and Schnatter formed a friendly friendship as a result of their Papa John’s roles, which they maintained off-screen as well.
  • Following Manning’s victory in Super Bowl 50, his second such success, the two men exchanged a very public hug on the football field the following year.

Papa John’s and the NFL

Manning, on the other hand, sold off all of his Papa John’s restaurants on February 26, 2018, in what appeared to be a spontaneous decision that took many by surprise.For those considering leaving franchise ownership, the International Franchise Association suggests following a thorough step-by-step procedure.Only two days later, the NFL and Papa John’s announced their separation.According to a story in USA Today, the organizations were forced to part ways due to a decline in pizza sales.

  • Prior to the sale, Papa John’s had experienced a 3.9 percent fall in sales during the fourth quarter of the previous year.
  • According to a statement issued by Schnatter, the NFL has hurt the company by failing to resolve the current debacle to the satisfaction of both the players and the owners – with the ″debacle″ referring to Black players’ kneeling during the national anthem to protest police brutality against Black people and more generalized racial injustice in the United States.
  • (In December 2017, Steve Ritchie took over as CEO of Papa John’s Pizza from John Schnatter.) In the wake of Schnatter’s comments, the NFL and Pizza Hut announced a partnership on February 28, 2018, indicating that they were not encouraged to keep the connection going.
  1. Pizza Hut has the creativity we are seeking for in a partner, according to NFL Commissioner Roger Goodell, who expressed his delight at the transition to a new pizza franchise partnership as follows: ″With an emphasis on family, friends, and fun, Pizza Hut has the originality we are looking for in a partner.″

Peyton Manning’s celebrity

Despite the fact that Manning’s athletic career established his notoriety, he has widened his appeal with a good on-camera comic delivery and an all-American appeal even after he retired from the NFL in March 2016.Manning has used these similar characteristics to great effect in his commercials for DIRECTV, Gatorade, MasterCard, Nationwide, and Nike, among other companies and brands.His own television show, Peyton’s Places, which is currently airing on ESPN+, has also been a big success.

Who owns Papa John’s?

The fact that Ritchie was replaced by Rob Lynch, the former president of Arby’s, less than two years after being named CEO, came as a surprise.Ritchie has a lengthy history with Papa John’s; he began working for the company in 1996 at a wage of $6 an hour and quickly rose through the ranks to become a franchise owner less than 10 years later.He had a tremendous affection for the firm, and he would even go so far as to state that he attended ″Papa John’s University″ during his undergraduate years.Ritchie’s dismissal occurred in the context of the hedge fund Starboard Value’s investment in Papa John’s, which included the appointment of Starboard Value’s CEO to the position of chairman as part of the agreement.

  • Schnatter, the company’s largest shareholder with a 16.7 percent interest, believes that Ritchie should have been fired following the Starboard investment and that Lynch would be a good choice for the position.
  • MARY VINNEDGE is an award-winning writer who has worked as editor in chief and managing editor for national and regional publications, including SUCCESS and Design NJ magazines.
  • She has also worked as a freelance writer and editor.
  1. As a staff writer for FranchiseWire, Mary brings you the most up-to-date news from the business as a seasoned journalist.

The Historic Krispy Kreme on Ponce Is Being Demolished and Then Rebuilt

  • According to the Atlanta Journal-Constitution and What Now Atlanta, the fire-ravaged Krispy Kreme doughnut restaurant on Ponce De Leon Avenue is scheduled to be demolished. A spokeswoman for the doughnut firm, on the other hand, claims the company is preparing to reconstruct the store, which will include some of the original design components as well as the iconic sign on Ponce. Building permits for the demolition of the single-story structure on the boundary of Midtown and Old Fourth Ward have been submitted online with the city of Atlanta, marking the beginning of the process of dismantling the property. Shaquille O’Neal, a basketball legend and sports broadcaster, has a minority stake in the Krispy Kreme franchise in New York City. We and Shaquille have stated repeatedly since the first fire that we intend to rebuild as quickly as feasible. ″Krispy Kreme will come returning bigger and sweeter than ever, serving wonderful doughnuts and offering an excellent doughnut experience to everyone in the Ponce area and those who visit,″ according to a statement emailed to Eater by the company. Our team is working on obtaining the required permissions to demolish the building, which will be the first step towards developing a new Ponce shop that will include efforts to preserve and restore some of the building’s original characteristics, such as our iconic sign. We are well aware of how much the local community adores the business, and that affection is completely reciprocal.″ The firm said it will continue to keep the community updated about the status of the doughnut shop’s development in Ponce City Market. The announcement of the destruction comes after two fires wreaked havoc on the structure, the first in February and the second on July 7, both of which caused catastrophic damage. The cause of the February wildfire was ultimately determined to be arson by investigators. The exact cause of the second fire is still being investigated. There were no injuries in either of the fires. Sargent Cortez Stafford, a spokeswoman for the Atlanta Fire Department, told Eater that firefighters were careful while entering the structure to extinguish the incident on July 7. A ″unsafe″ condition had been declared in the structure following the incident on February 10. According to reports, the shop’s utilities had been disconnected and the premises had been walled in. Stafford stated that the damage produced by the second fire did not appear to have had a greater impact on the structure than the damage caused by the first fire, and that it looked restorations on the building had not yet begun. Krispy Kreme first opened its doors on Ponce de Leon Avenue in 1965 and offered a drive-thru service 24 hours a day. It was also the only Krispy Kreme location in the entire city of Atlanta that was kosher-certified at the time. O’Neal acquired the historic doughnut restaurant on Ponce de Leon as part of a franchise agreement with the North Carolina-based doughnut business that was signed in 2016. Updated at 10:15 a.m. on July 29: This story has been updated to include a response from Krispy Kreme as well as information about the shop’s reconstruction. The Historic Krispy Kreme on Ponce suffers more damage in a second fire
  • Arson is suspected in the fire that destroyed the historic Atlanta Krispy Kreme
  • A fire breaks out overnight at the Historic Krispy Kreme on Ponce

Shaquille O’Neal Owns 155 Five Guys Restaurants, 40 Fitness Centers, And 1 Movie Theater Among Other Businesses

Shaquille O’Neal is not only one of the most dominant players in the history of the NBA, but he is also one of the most astute.The Big Diesel enjoyed having a good time, but he was well aware that money is not meant to be spent carelessly.Instead, he made the most of his fame, developed into a highly marketable athlete, and amassed as much wealth as he could from his position of prominence.The Los Angeles Lakers star then took all of the money he had earned and invested it, building up a fortune worth millions and millions of dollars.

  • As of right now, he is estimated to be worth $400 million, making him one of the wealthiest NBA players in history.
  • Money never sleeps, and Shaq is well aware of this.
  • It is for this reason that he entered the business sector and took certain decisions that proved to be profitable.
  1. At the moment, he owns a number of businesses, including some that you may not expect to have anything to do with a former professional athlete.
  2. At the beginning of this month, Dunk County and NBA County recalled a list of some of the enterprises Shaq is involved with.
  3. It’s remarkable what he’s accomplished with his money over the years, and he shows no signs of slowing down.

He has an extensive network of enterprises, which provides him with a substantial payout at the end of each month, according to NBC Sports.As a partner in 155 Five Guys Burgers restaurants, 17 Auntie Annie’s Pretzels restaurants, 150 car washes, 40 24-hour fitness facilities, a shopping mall, a movie theater, and a number of casinos in Nevada, he has amassed a substantial business portfolio.Furthermore, Shaq himself confessed that he owns additional businesses, however he clarified that he does not want to publicize them since people could interpret it as he is bragging.In an interview with Earn Your Leisure, the four-time NBA champion stated: ″I don’t want to come off as boastful, so I’m going to ask you a question instead of bragging.

Who is the legal owner of Marilyn Monroe?Who is the legal owner of Elvis Presley?Who is the owner of Forever 21?Who is the owner of JCPenney?

  1. Me!″ Shaq shared his thoughts.
  2. He’s accomplished a great deal, and not everyone understands how difficult this is, as well as the discipline and knowledge required to achieve such fortune.
  3. Shaq, on the other hand, continues to work as an analyst and to appear in advertisements whenever the opportunity presents itself.
  4. The NBA’s Most Valuable Player in 2000 was a success both on and off the court.
  5. His ability to aid so many people and give back to those who are less fortunate is due to this ability.

How Many Businesses Does Shaq Own?

Shaquille O’Neal is largely regarded as one of the most dominant players in the history of the National Basketball Association.The Lakers icon was able to win four championships in addition to other personal honors, and he has shown to be equally successful outside of the basketball court.How many businesses does Shaq have under his belt?Shaq’s financial investment It is difficult to describe Shaq’s financial portfolio because it is so large and diversified.

  • Brands such as Lyft, Ring, and Vitaminwater are among those with which he is associated.
  • Aside from 150 car washes and 40 24-hour fitness facilities, Shaq also owns a retail complex, a movie theater, and many nightclubs in Las Vegas.
  • Shaq has a stake in or a minority stake in more than 50 different enterprises.
  1. Shaq is a part-owner of several companies, including The General, Gold Bond, Icy Hot, Buick, Marilyn Monroe, Elvis Presley, Forever 21, JCPenney, and Auntie Annie’s Pretzels, among others.
  2. Also a DJ, going under the moniker DJ Diesel, he is a minority owner of the NBA’s Sacremento Kings, and he works as a presenter for TNT.
  3. He started a company called Majority in early 2021, which is a representation firm.
See also:  Who Makes Mama Cozzi Pizza?

His financial acumen has proven to be fruitful, as seen by his ability to efficiently manage his franchises while ensuring that his personal engagement serves to increase the value of his investments.A more in-depth examination of Shaq’s economic operations and the primary activities of the man will be conducted by us.

Shaq retired from the NBA with a big nest egg

Shaq had earned more than $292 million in salary alone by the time he departed from the NBA.Aside from that, he amassed an additional estimated $220 million in earnings from sponsorship agreements and investments during his time spent pummeling idiots in the paint.Shaq has done an excellent job of protecting and growing his nest money.He is extremely selective in his selection of sponsors and investments.

  • He has stated in several interviews that he will never endorse or invest in a firm whose products he is not personally familiar with and willing to utilize.
  • ″Even if I don’t like something, people will notice it,″ O’Neal says of his dislike for something.
  • As a result, Shaq declined to sign a contract with Starbucks, claiming at a meeting with CEO Howard Schultz that ″black people don’t drink coffee.″ Despite his considerable wealth, O’Neal has a strong affinity for the middle class.
  1. Although he does have a jewelry and business suit brand, O’Neal sells things that are available to the general public more frequently than not.
  2. When his agency connected him to Silicon Valley ″super angel″ Ron Conway in 2004, while he was still at the height of his on-court talents, he was able to secure some early financial success.
  3. This encounter resulted in Shaq making an investment in Google (have you heard of them?) prior to the internet giant going public.

Similarly to the rest of the world, Shaq would later confess that his one regret was not having purchased more stock.

Shaq is a Great Manager

Following the conclusion of his professional athletic career, Shaquille O’Neal went on to build a commercial empire, making money via the creation of innovative initiatives.During the Shaq Summit, officials from the different firms that make up O’Neal’s holding come together once a year to discuss business.However, finding the necessary time for this was extremely difficult for the former center.He was scheduled to appear in an advertising for headphones tomorrow, to laud a miraculous treatment the next day, and to participate in the presentation of costumes, jewelry, and footwear from his own business the following day.

  • He didn’t make it.
  • And none of this should prevent him from pursuing a career as a television commentator for TNT’s NBA Insider show, which has been his primary place of employment since the conclusion of his playing career in 2011.
  • Early on in his NBA career, Shaq perfected the skill of capitalizing on his immense stature and flamboyant attitude by utilizing them to his advantage.
  1. The road of building and promoting one’s own brand is being taken by an increasing number of gamers nowadays.
  2. The example of his efforts, which made the cover of business publication Bloomberg Businessweek, acts as a type of roadmap for them, something that was before lacking.
  3. Shaq desires to be directly involved in every aspect of his life.

″Make people laugh and they will remember you,″ he says in reference to the recipe for the success of a product from him, which is fairly straightforward.The 15-time NBA All-Star player recalls that he had aspirations of being a successful businessman as a kid.His father sent him a book on the difficulties sportsmen face when it comes to managing their assets, and he took the advice contained within it to heart.During the regular season of the NBA in 2013/14, O’Neal appeared on television a total of 212 times.

This has a significant impact on the rise in popularity and development of the player’s brands, and he is not afraid to utilize it as a means of enhancing his investment profile.The focus placed on the sheer scale of Shaq’s companies is a major component of their marketing strategy.In contrast, the publishing business, which is a part of the former NBA player’s holdings, opted for the opposite approach.O’Neal’s primary responsibility is to preserve his own popularity, which is a significant challenge for retired players because they no longer serve as the focus of public attention.

  1. Teenagers and youngsters make up a large portion of the target audience for Shaq’s commercial ventures, and many of them are unaware of his former prodigious athletic ability.
  2. When it comes to the art of being Shaq, there’s always opportunity for improvement.

Shaq Constantly Motivates His Children

Shaq appeared at the conference in October 2021, when he answered the subject of how he inspires his children to put out their best effort.Essentially, we can observe that he educates his young children to make money on their own, and that just because his father is a wealthy individual does not imply that his wealth is everything.The four-time NBA champion is the father of six children.During his NBA career, O’Neal has earned a total of more than $292 million.

  • He also has his own firm, which he uses to do work in a variety of disciplines.

Shaq is a Face of Papa John’s

Shaq joined the firm as a board member and investor in the spring of 2019.O’Neal would get $8.5 million over the course of three years, according to the announcement.In exchange for an amount of $8.5 million, the basketball player granted the firm the right and permission to use his name, alias, voice, and photos for promotional purposes in any advertising campaigns that the company may launch (he wished to receive half of it in cash).Additionally, Shaquille O’Neal has joined the firm as a board member as well as an investor, pledging $840,000 in nine locations around the state of Atlanta.

  • Next the announcement of the relationship between Papa John’s and the basketball star, the network’s stock rose by 5% in the following trading session.
  • Shaq also owns the Big Chicken fast food restaurant in Las Vegas, multiple Krispy Kreme franchise cafeterias in Atlanta, and his own restaurant, Shaquille, in Los Angeles.
  • In addition, he promoted products such as Burger King, McDonald’s, Taco Bell, Pepsi, and Oreo, amongst other things.

Shaq is an Example For Others

Few people could have anticipated that Shaq would go on to achieve such great things when his playing days were over, but he is not just a terrific player but also an amazing example of how to properly invest one’s money.Shaq is continually broadening his horizons, and he is justifiably regarded as one of the most successful athletes in the history of the NBA – both on and off the court.He is a role model for young people everywhere.

Shaq has spoken about his business portfolio

His mother instilled in him the importance of not being perceived to gloat about his money, which Shaq attributes to his mother.However, in a recent interview with Earn Your Leisure, he went into further detail about his investment approach and how he has built such substantial fortune.″I don’t want to come across as boastful, but I’m going to ask you a question.″ Who is the legal owner of Marilyn Monroe?Who is the legal owner of Elvis Presley?

  • Who is the owner of Forever 21?
  • Who is the owner of JCPenney?
  • Me!” – He continued by explaining.
  1. ″My true business is that I own 50 brands, so when I was thinking about retiring, I was thinking, ‘How do Michael Jackson and all these men live forever?’ The book has a chapter on joint venture-ship, which is defined as being in the public domain.
  2. Consequently, I contacted three firms (Authentic Brand Group, Simon Property Group, and Brookfield Property Partners) that assisted individuals in living forever, and they agreed to purchase my brand for a substantial sum of money.
  3. So I took half of the money and re-invested it back into the firm, and today I’m the second most important person in the organization.″ In his explanation, the Big Aristotle stated that he could sell his brand and likeness to them and not have the money re-invested in the firm.

That, on the other hand, would offer investors the freedom to proceed in a variety of ways without his approval or direct involvement.Having made certain that he had a majority position in the firm, he ensured that he would retain control over his image rights.

What new businesses has Shaq been involved in recently?

Shaq was part in the Forest Road Acquisition merger that took place in early 2021, when Beachbody and Myx Fitness joined.Following the merger, the new business had a market capitalization of $3 billion.Despite the fact that Shaq is identified as a strategic advisor, you can bet that he owns a piece of the company and will utilize his tremendous public presence to drive its worth even higher.Aside from that, Shaq co-founded Majority, an advertising firm that focuses on diversity, with CEO Omid Farhang, who was previously the chief creative officer of Momentum Worldwide.

  • ″While most organizations are still struggling to fulfill a 25 percent diversity objective, we aim to flip that diversity ratio in order to change the minority into the majority.″ It has been reported that he is playing an active part in the new venture.
  • All of this is proof that Shaq is remaining loyal to his roots, with high-tech workout equipment and a commitment to ensuring that diversity is at the forefront of his companies.
  • Aside from that, he has also produced a line of basketball shoes, which we discussed in further depth here.
  1. These shoes were created in collaboration with Walmart with the purpose of making them inexpensive to everyone who needs them while maintaining high quality and style.
  2. The ″5 Guys″ hamburger chain, which he owned, is said to have been sold to a third party.

Is Shaq a Billionaire?

No. Shaq is estimated to be worth $400 million. As of late 2021, he is expected to earn around $60 million per year, with the potential for further growth.

What is Shaq Life?

In collaboration with Shaquille O’Neal and TNT, Shaq Life is a reality television show that airs on TNT.The show is narrated by Samual L Jackson (yes, that SLJ) and is centered on Shaq’s life, as the title suggests.Explore Shaq’s interests away from the court and get to know him better.Finally, fans will get the opportunity to meet the guy who is behind the legend—a man with a legendary sense of humour, a massive heart, and an unwavering resolve.

  • ″Shaq is the epitome of a renaissance guy,″ says the author.

Papa John’s defends Shaq as its founder sells more shares

Thanks to Papa John’s for the photograph!This week, Papa John’s took the initiative to defend its most well-known director, even as the brand’s most well-known former director began his slow exodus from the company.After a proxy advisory firm recommended that shareholders vote against Shaquille O’Neal’s reelection, the Louisville, Ky.-based pizza chain defended O’Neal’s attendance at company board meetings on Monday.In a letter to the board, Institutional Shareholder Services (ISS) questioned O’Neal’s attendance record and stated that he had missed far too many meetings to be considered for reelection.

  • In the case of board elections and other shareholder votes, proxy advisory companies provide recommendations, and many institutional shareholders—who own large numbers of shares and hence votes—adhere to those suggestions.
  • Papa John’s, on the other hand, claims that the early missing meetings were caused by issues that existed before O’Neal was appointed director.
  • According to the statement, he has attended every meeting so far this year and neither he nor the firm ″anticipates attendance concerns in 2020.″ Papa John’s Board of Directors Chairman Jeff Smith wrote in a letter to shareholders on Monday that Mr.
  1. O’Neal ″has made significant contributions to the company since joining the board in March 2019, when he also became a brand ambassador, as well as a franchisee.″ Smith’s comments resulted in an altered recommendation from the Institution for Securities and Exchange Commission, which now advises that shareholders vote in favor of O’Neal’s candidacy.
  2. It was a year ago that O’Neal was appointed to the Papa John’s board of directors as part of a major effort to repair the company’s image, which had been tarnished the year before when company founder and former Chairman and CEO John Schnatter admitted to using a racial epithet during a conference call.
  3. After retiring from professional basketball to become an advertising pitchman and on-air personality, O’Neal has stepped into the role that Schnatter had as the company’s major ambassador for a number of months.

The board of directors stated Mr.O’Neal has brought a ″distinct and diversified viewpoint,″ and he is expected to continue to assist Papa John’s in improving its culture and involvement with consumers and communities, Smith said.Meanwhile, Schnatter himself continued to sell business stock as his involvement with the company grew less and less significant each day.A portion of Papa John’s stock was once owned by Schnatter, who had a 31 percent stake.

He served as the company’s chairman and CEO, as well as its major spokesperson.For most of the past year, he has been progressively removing himself from all of those positions, and he has also been liquidating his stock portfolio.According to a federal securities filing made Monday, Schantter sold an additional 350,000 shares in the company.Currently, he holds less than 1.3 million shares of Papa John’s stock, representing less than 4% of the corporation.

  1. That represents a significant achievement: Due to the fact that Schnatter’s total ownership is now less than 5 percent, he is no longer obligated to submit ownership filings with the Securities and Exchange Commission.
  2. As a result of the uproar su

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