Schnatter moved his company to Louisville, Kentucky, in the late 1990s. In 2009, Schnatter reacquired the Camaro after offering a reward of $250,000 for it. A year later it had 500 stores, and by 1997 it had opened 1,500 stores.
His pizzas proved sufficiently popular that a year later he moved into an adjoining space. Schnatter sold his 1971 Z28 Camaro to purchase $1,600 worth of used pizza equipment and began selling pizzas to the tavern's customers. Schnatter founded Papa John's Pizza in 1984, when he converted a broom closet in the back of his father's tavern. Career Founding and growth of Papa John's Pizza In the 1980s, Robert Schnatter co-owned Mick's Lounge, a Jeffersonville tavern. He graduated from Jeffersonville High School in 1980 and received a business degree from Ball State University in 1983. His mother was a real estate agent and his father was a judge in Jeffersonville.
Schnatter was born in Jeffersonville, Indiana, in 1961, to Mary and Robert Schnatter. Schnatter resigned when the comment became public, but has since maintained that the board conspired against him and unfairly forced him out of his position. Before he stepped down, his comments had resulted in the NFL cancelling its association with Papa John's.Īfter stepping down as CEO, Schnatter remained chairman of the board of directors until July 2018, when it was revealed that, during an internal sensitivity-training May 2018 conference call, he claimed without evidence that Colonel Sanders had used the word "nigger" without backlash. Schnatter stepped down as CEO on January 1, 2018, after controversy around his comments that the National Football League (NFL), who had a business affiliation with Papa John's, had not done enough to stop national anthem protests by NFL players, and that the protests had hurt his business. As of 2017, his net worth was more than $1 billion. Schnatter started the business in the back of his father's tavern after selling his car and using the proceeds to purchase used restaurant equipment. John Hampton "Papa John" Schnatter (born November 22 or 23, 1961) is an American entrepreneur who founded the Papa John's pizza restaurant chain in 1984.
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