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Papa John's 'Papa' John Schnatter Is Stepping Down As CEO

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Papa John's 'Papa' John Schnatter Is Stepping Down As CEO
Founder John Schnatter will be replaced by Papa John's current president, Steve Ritchie.
SHOW TRANSCRIPT

The "papa" of pizza chain Papa John's is stepping down as CEO.

The announcement was made Thursday, more than a month after founder John Schnatter made some controversial comments about the NFL's leadership in response to protests during the national anthem.

Those comments received praise from white supremacists, forcing Papa John's to release a statement condemning racism and hate groups. 

Schnatter will be replaced by the pizza chain's current president, Steve Ritchie. Schnatter will remain the chairman of Papa John's board.