TL;DR
Papa John's has added Dollar Shave Club CEO Michael Dubin and former OpenTable executive Jocelyn Mangan to its board of directors. The expansion came after an investment from Starboard Value LP and the departure of former CEO John Schnatter from the board.
Papa John’s has added a 10th and 11th member to its board of directors in the wake of an investment from turnaround specialist Starboard Value LP last month.
Per a recent Nation’s Restaurant News article, the brand has added Dollar Shave Club CEO Michael Dubin and former OpenTable executive and current Him for Her CEO Jocelyn Mangan to its board as independent directors. The expansion came just weeks after former Papa John’s CEO John Schnatter agreed to step down from the board as part of a court settlement.
A statement from board chairman Jeff Smith included in the article cited Dubin’s “strong record of building innovative consumer brands and deep marketing and business operations expertise” as an integral component to his appointment, while Mangan adds “substantial technology and product strategy experience” to the board, as well.
In this story
This story was originally published in 1851 Franchise on March 19, 2019. Burnaze summarizes and links to the original reporting.
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