Schnatter used the offensive term while undergoing training on how to avoid future PR disasters with media agency Laundry Service, after he previous year controversially blamed NFL national anthem protests for his company's sagging pizza sales.
Schnatter, who has naming rights of the stadium until 2040, supported her decision to remove his name from the stadium, Bendapudi said.
University President Neeli Bendapudi announced change for Papa John's Cardinal Stadium on Friday, as the pizza chain said it is removing Schnatter's image from its marketing.
In a news release, Capilouto said Schnatter's name would be removed from the Gatton College of Business and Economics and its John H. Schnatter Institute for the Study of Free Enterprise, for which he donated several million dollars. Papa John's has noted in regulatory filings that its business could be harmed if Schnatter's reputation was damaged.
"Papa John's is not an individual".
To say things have not been going well for Papa John's seems like an understatement.
Schnatter, Founder, Chairman & CEO of Papa John's International, Inc. rings the NASDAQ Opening Bell at NASDAQ MarketSite on January 31, 2014 in New York City.
Papa John's plans to pull founder John Schnatter's image from marketing materials following reports he used a racial slur. Schnatter subsequently issued a statement acknowledging the use of "inappropriate and hurtful" language. The Baltimore Orioles, no strangers to embarrassment themselves in 2018, suspended their efforts to poison fans with 50% Papa John's discounts every time the team scores five or more runs - a promotion activated 29 times in 93 games this year. For the first three months of this year, the chain said a key sales figure fell 5.3 per cent in North America. Take, for example, one from the summer of 2016, when Schnatter's usual red Papa John's shirt was replaced with a "Ghostbusters" jumpsuit in a 30-second TV spot and on a movie-themed pizza box.