Papa John’s adds two independent directors to board By Reuters

© Reuters. FILE PHOTO: John Schnatter, founder and CEO of Papa John’s Pizza, arrives at the 2011 American Music Awards in Los Angeles

(Reuters) – Papa John’s International Inc said on Thursday it has appointed two independent directors to its board, more than a week after founder John Schnatter agreed to leave the board to settle an acrimonious battle with the pizza chain.

The company named Michael Dubin, chief executive officer of Dollar Shave Club, and Jocelyn Mangan, chief executive director of social enterprise Him for Her, as the new directors.

Schnatter, who owns about 30 percent of the company’s shares, had agreed to leave the company’s board if an independent director was appointed before the annual stockholder meeting slated for May.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.