Did Papa John's Make the Right CEO Pick?
Papa John's (NASDAQ: PZZA) has been in the news over the past year for mostly bad reasons. The pizza chain's founder, John Schnatter, no longer has any formal role with the company but is still associated with the brand. That's a problem that his hand-picked successor, Steve Ritchie, could not get away from, leading to him being replaced by former Arby's President Rob Lynch -- the man who coined the slogan, "We have the meats." It's a smart move by Papa John's that may help it reposition its brand.
In this segment from Industry Focus: Consumer Goods, host Nick Sciple and Fool.com contributor Dan Kline discuss Papa John's new CEO.
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Source Fool.com
