The CEO of Papa John’s, John Schnatter’s net worth fell by $70 Million and he told shareholders he blamed the companies sponsorship of the National Football League. Schnatter who has a net worth of over 800 Million, lost almost 10% of his net work when the earnings came out today.
“Leadership starts at the top, and this is an example of poor leadership,” CEO John Schnatter said in a call with investors on Wednesday.
Papa John’s later this afternoon announced they are pulling all ads with the National Football league due to anti-American sentiment. A bold move that makes our Team very proud. In fact, we’ll be ordering Papa Johns as our Pizza source from now on. The NFL must be held accountable for the anti-American rhetoric that it’s players continue to display in the workplace. Make no mistake about it folks, this is a job, and that is a workplace. You or I would be fired for doing what NFL players are doing.