Question
Papa Johns should replace John Schnatter as CEO to show the public that the company does not agree with the statements that he has made
Papa Johns should replace John Schnatter as CEO to show the public that the company does not agree with the statements that he has made concerning Obamacare and the NFL protests.
Replacing John Schnatter as the chairman of the board is the strategy that we recommend. Splitting the duties will limit Schnatters control of the company and satisfy some of his critics, such as a majority of the shareholders. We think that this would give more power to the board in order to restrict John Schnatter vocalizing his opinions publicly. They would be able to create policies restricting social media posts concerning clients, vendors, and customers. This ultimately prevents a loss of shares and popularity and allows John Schnatter to focus strictly on the direction and employees of the company.
Why is this idea better than the others?
What will it cost?
What are the possible downsides?
Have other companies done this?
What was their result?
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