Papa John’s Strengthens and Streamlines Management Team
More efficient management structure aligned with company’s new strategy
Proven brand and transformational leader
Chief Financial Officer
“After two months as CEO, I’m more excited than ever by the dedication, drive and resilience of Papa John’s team members and franchisees. Today I’m announcing a new management structure that will be the foundation on which we build our future,” said
Mr. Lynch said, “I’m very excited to welcome
As a result of the reorganization, Chief Operating and Growth Officer
“On behalf of the entire Papa John’s team, I want to express gratitude to
In addition to Mr. Wetzel, Mr. Norberg, Mr. Swaysland and Mr. Smith, the company’s Executive Leadership Team includes:
Marvin Boakye, who has been named Chief People and Diversity Officer. The company’s Chief People Officer since January 2019, Mr. Boakye will also assume leadership of the diversity, equity and inclusion (DEI) team and its initiatives, a critical element of the company’s culture. Prior to joining Papa John’s earlier this year, Mr. Boakye led DEI organizations at Andeavor and MTS-Allstream, and helped create the DEI organizations at Goodyearand the Pulte Group; Madeline Chadwick, who has been promoted to SVP, Communications and Corporate Affairs. In addition to internal and external communications, Ms. Chadwick will oversee the company’s corporate social responsibility initiatives; Justin Falciola, Chief Insights and Technology Officer; Shane Hutchins, Chief Supply Chain Officer; and Caroline Oyler, Chief Legal and Risk Officer.
Certain matters discussed in this press release and other company communications constitute forward-looking statements within the meaning of the federal securities laws. Generally, the use of words such as “expect,” “intend,” “estimate,” “believe,” “anticipate,” “will,” “forecast,” “plan,” “project,” or similar words identify forward-looking statements that we intend to be included within the safe harbor protections provided by the federal securities laws. Such forward-looking statements may relate to projections or guidance concerning business performance, revenue, earnings, cash flow, earnings per share, contingent liabilities, resolution of litigation, commodity costs, currency fluctuations, profit margins, unit growth, unit level performance, capital expenditures, restaurant and franchise development, royalty relief, the ability of the company to mitigate negative consumer sentiment through advertising, marketing and promotional activity, the effectiveness of our strategic turnaround efforts and other business initiatives, future costs related to the company’s response to negative consumer sentiment and business challenges, management reorganizations, compliance with debt covenants, stockholder and other stakeholder engagement, strategic decisions and actions, share repurchases, dividends, effective tax rates, regulatory changes and impacts, and other financial and operational measures. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements.
Madeline Chadwick, 502-261-4189
SVP, Communications and Corporate Affairs
Jeffrey Mathews / Dan Gagnier, 646-569-5711
Joe Smith, 502-261-7272
Senior Vice President, Chief Financial Officer