Papa John's International, Inc.

Papa John's International, Inc.

Papa John's International, Inc.

Date Founded



2002 Papa John's Boulevard Louisville KY 40299-2367

Type of Company


Employees (Worldwide)




Company Description

As a high school student working at a local pizza pub in Jeffersonville, Indiana, Papa John's founder John Schnatter felt there was something missing from national pizza chains – a superior-quality traditional pizza delivered right to the customer's door. His dream was to one day open a pizza restaurant that would fill that void. In 1983, John picked up his business degree from Ball State University and went back to Jeffersonville, Indiana. There, at the age of 22, he knocked down the broom closet of his father's tavern (Mick's Lounge), purchased $1600 worth of used restaurant equipment, and began delivering pizzas out of the back of the bar. From day one, John knew he could make a better pizza by using fresh dough and superior-quality ingredients, and he refused to sway from that commitment to quality. It worked, and people loved his pizza. In 1984, John opened his first Papa John's restaurant, and Papa John's has been going strong ever since. Today, Papa John's is the recognized leader of the pizza category and now owns or franchises more than 3,500 restaurants in all 50 states and 29 countries. More than 25 years later, one thing remains the same – Papa John's is still fully committed to delivering on its brand promise of "Better Ingredients. Better Pizza."

Contact Data
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Executives & Employees

Founder Chairman

President, Chief Executive Officer & Director

Senior Vice President & Chief Financial Officer

Senior Vice President, Chief Legal & Risk Officer

Chief Ingredient Officer

Chief People Officer

Co-Operative President, Western Washington

Chief Operating Officer, International

Executive Vice President, Chief Operating & Growth Officer

Senior Vice President, Chief Analytics & Technology Officer

Board of Directors

Co-Founder at Starboard Value LP

Founder Chairman at Papa John's International, Inc.

President at IMG Worldwide, Inc.

Former President & Director at International Federation of Accountants

General Manager, Kings Guard Gaming at Sacramento Kings LP

Former Vice President-Community & External Affairs at Silver Eagle Distributors LP

Former Chief Operating Officer at, Inc.

Former Executive Chairman, International Lease Finance Corporation at AIG

Director & Head-Banking at N.M. Rothschild & Sons Ltd.

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Papa John's International, Inc.
Owners & Shareholders
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Legion Partners uses deep fundamental analysis to identify companies they believe are significantly undervalued relative to intrinsic value and future opportunity. The firm conducts proprietary research and analysis to determine their investment decisions and the engagement process for each portfolio company. Legion Partners specializes in fundamental research, long-term oriented investing and building productive relationships with portfolio companies. This involves long-term holdings and actively engaging the management and boards of public companies in order to help achieve superior long-term performance.Legion Partners engages a company by focusing the attention of its shareholders, management, and board of directors on factors they believe are contributing to the company's underperformance. In doing so, the firm seeks to increase the company's stock price to align with their of its true long-term value.Legion Partners implements their investment strategy with emphasis on small- and mid-cap companies with no limit on capitalization. The portfolio typically consists of 5 to 15 investments in equity securities of North American companies. Legion Partners has no fixed guidelines for diversification of investments among companies or industries. However, the firm does not invest more than 25% of a client's assets at the time of investment in the securities of a single company or group of affiliated companies except in situations where the client may also have a co-investment.Legion Partners typically purchases securities for a holding period of more than one year (with a target holding period of 2 to 3 years). However, they may sell securities after holding them for less than a year or the target period if, for example: the risk associated with a company changes to a degree that outweighs the expected return; its stock price aligns with Legion Partners' view of its value; if certain holdings need to be liquidated to fund new acquisitions; or for other reasons.

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Bares Capital Management manages client accounts in long-only concentrated small-cap and mid/large-cap equity strategies. In these strategies, they primarily invest in the equity of publicly-traded US companies. US. Bares Capital's typical client in these strategies utilizes a number of other managers that specialize in investment strategies that differ from the firm's strategies. This diversification at the manager level alleviates Bares Capital from the need for a diversified portfolio in the traditional definition and allows them to remain invested in 8-12 of their best investment ideas in each small-cap and mid/large-cap portfolio. The firm identifies candidates for investment using fundamental research. They consider the financial condition of the candidate as well as qualitative factors relevant to the future performance of the candidate. The firm's qualitative research focuses on the competitive aspects of the business under consideration and an evaluation of management capability. On occasion, investments may include the debt of publicly traded companies, mutual funds and ETFs.

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Armistice Capital LLC is a hedge fund manager located in New York City.

Recent Transactions
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Papa John's International, Inc. raised money in a private placement transaction

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Preferred Restaurant Brands, Inc. purchases Papa Johns International, Inc. /2 Branches Fresno, California from Papa John's International, Inc.

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Avan Projects Pvt. Ltd., Om Pizzas & Eats India Pvt Ltd., TVS Capital Funds purchase Pizza Corner India Pvt Ltd. from G Partners (Belgium) SPRL, Global Franchise Architects Co., Ltd.

Insider Transactions
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Transaction Advisors

Advised onPapa John's International, Inc. purchases Papa Johns GB Holdings Ltd.

Legal Advisor

Advised onPapa John's International, Inc. purchases Papa Johns GB Holdings Ltd.

Investment Advisor

Advised onPapa John's International, Inc. purchases Papa Johns GB Holdings Ltd.

Advisors & Consultants
Legal Advisor

Attorney at Bryan Cave LLP


Former Chief Strategy Officer & Senior Vice President at Luckie & Co. LLC


Vivo Energy Plc is a retailer and marketer of Shell-branded fuels and lubricants. It products include aviation fuel, LPG and lubricants. The company is headquartered in London, the United Kingdom.

Key Stats and Financials As of 2018
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Non-Profit Donations & Grants
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