Schnatter offered praise for Ritchie, saying "I am so proud of Steve...we couldn't have a more proven leader to guide Papa John's through its next stage of growth". Schnatter is shifting to a role as chairman of the company, where he "will continue to champion the core principles that led to recognition as the industry leader in product quality and customer satisfaction", Papa John's said.
The comments drew praise from white supremacists and the company apologized two weeks later. But he recently ran into controversy when he blamed NFL players' mass move to drop to one knee during the playing of the national anthem as affecting his company's sales.
Meghan Markle Wore A $75000 Couture Gown For Engagement Photo Obvi
Since then, headlines about her joining the Royal family and moving to London can be seen nearly anywhere. But when people saw the brooch she made a decision to wear to the event, tongues started wagging.
"This should have been nipped in the bud a year and a half ago", Schnatter said on a conference call with investors.
Papa John's stock closed at $59.23, down 2 cents or 0.03 per cent on Thursday.
It has also, evidently, polarized the executive leadership at the pizza chain.
Trudeau Vacation To Aga Khan's Island Broke Ethics Rules
While there is no official sanction against the Prime Minister, the negative findings stand to affect public perceptions. " We need to make sure that the office of the prime minister is without reproach" said Trudeau .
Schnatter, 56, founded Papa John's more than 30 years ago, turning a broom closet at his father's bar into a pizza spot. "We do not want these individuals or groups to buy our pizza", the company said following the post on Papa John's being the official pizza of the alt-right.
Papa John's, which lays claim to being the nation's third-largest pizza chain, could not be reached immediately for comment. It's not the first time Schnatter has stepped down. Schnatter announced his decision when the market closed. He took a break from being CEO between 2005 and 2008.
The backlash was swift, with many promising to boycott Papa John's in response to Schnatter's comments.
Four members of the Minnesota Vikings voted to this season's Pro Bowl
He is the first Vikings cornerback selected to two straight Pro Bowls since Antoine Winfield made it three straight from 2008-10. The Packers also released fullback Joe Kerridge from the active roster and quarterback Jerod Evans from the practice squad.