John Schnatter reaches settlement with Papa John's скачать в хорошем качестве

John Schnatter reaches settlement with Papa John's

“Papa” John Schnatter has agreed to exit the Papa John’s board entirely before the company’s 2019 shareholder’s meeting in May. The company has agreed to replace him with a new board member unaffiliated with activist hedge fund Starboard Capital. Schnatter is also dropping two active lawsuits against the company. For more on Papa John's click: https://finance.yahoo.com/news/papa-j... The settlement marks the end of an exhausting and ugly public battle between Schnatter and the board of the company he founded in 1984. In a statement, Schnatter said, “I founded Papa John’s, built it from the ground up and remain its largest shareholder. I care deeply about its employees, franchisees, and investors and am thankful that I’ve been able to resolve these important issues, and that we can all focus on the Company’s business without the need for additional litigation.” Schnatter was CEO of his company as recently as November 2017—just over one year ago. By May, he won’t even be on its board. For more on Papa John's click: https://finance.yahoo.com/news/papa-j... Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz