Papa John’s Founder Schnatter Resigns as Chairman After Using Racial Slur

The founder of the pizza chain also stepped down from the board of trustees for the University of Louisville

Papa John’s International Inc. said late Wednesday that its independent directors have accepted the resignation of John Schnatter as board chairman, after a report that he used a racial slur in a conference call.

In a news release, the company said Olivia Kirtley will serve as lead independent director. Papa John’s will appoint a new chairman in the coming weeks.

The...