· papa john’s founder john schnatter just sold a big portion of his stake in the company. Who is john schnatter? He first got into trouble with his board after he publicly blamed his company’s flagging sales on nfl players who knelt during the national anthem in protest of police brutality. 5 million , and now owns approximately 9. 2 percent of the company—meaning he is still the largest shareholder. Papa john ’s founder john schnatter sold 1. 9 million of the companys shares worth $ 107. The founder and former ceo has sold 1. 9 million shares , pocketing about $107. 5 million in the process. Did papa john schnatter really become a billionaire? He still owns 9. 2% of the companys shares. · the self-styled “ papa john ” of the company, schnatter , sold 1. 9 million shares wednesday valued at $ 107. After the transaction, he owns 2. 9 million shares, valued at roughly $166 million. · in fact, papa john ’s sales had been on the decline while schnatter was still in power. What is john schnatter net worth? · papa john’s founder john schnatter is taking another step back from the pizza chain. 5 million , according to a securities filing, and has insisted that. · papa john s founder john schnatter unloaded more than a third of his stock in the pizza chain valued at $ 107. 5 million , he is only left with 2. 9 million shares or equivalent to 9 percent of the company, a report from fox business revealed. · however, after selling shares worth around $ 107. How many papa johns shares did michael schnatter sell? The former ceo sold 1. 9 million shares of papa john’s stock, worth $107. 5 million, according to a form 4.
