Papa John's International, Inc. (NASDAQ: PZZA) today announced the
appointment of Joseph Jude Thompson as President and Chief Operating
Officer. Thompson will continue on the Papa John’s Board of Directors
where he has served since February 2008, and in his new role will report
to Founder and Chairman John Schnatter, who at the Board’s request will
continue as Chief Executive Officer, a role he returned to on an interim
basis in December 2008.
"I am excited that Jude has accepted the offer to join our management
team,” commented Schnatter. "Jude has been an invaluable asset to the
entire Papa John’s system as he helped me lead the company during the
last 120-day transition period. I look forward to continuing our
partnership together.”
In December, the company's Board of Directors formed a committee led by
director William M. Street to undertake a search for a permanent Chief
Executive Officer. During the search process, Mr. Thompson served as the
Board’s liaison to the Papa John’s management team, working closely with
Mr. Schnatter and other members of Papa John’s leadership team.
"We evaluated many talented candidates during the search process,”
commented Street. "At the end of the day, the committee concluded that
Mr. Thompson would make an outstanding addition to the management team.
This appointment positions us well from a succession standpoint, as Mr.
Schnatter focuses on Research & Development/QA and sourcing quality
ingredients while Mr. Thompson focuses on all other aspects of the
day-to-day running of the business.”
From 2006 to 2008, Thompson served as Senior Vice President of
WellPoint, Inc. (NYSE: WLP), and President, Individual Business, of
Anthem Blue Cross and Blue Shield. In this position, Mr. Thompson was
responsible for all aspects of the company’s Individual Business unit in
the 14 states served by WellPoint, which generated $5+ billion in
revenue in 2007. Prior to that, Thompson held positions of increasing
responsibility with Anthem Blue Cross and Blue Shield, a division of
WellPoint, or its affiliates since 1989.
"I am excited to join the Papa John’s management team,” commented
Thompson. "We have a very talented group of franchise and corporate
operators throughout the world who do an outstanding job delivering on
our ‘Better Ingredients. Better Pizza’ brand promise to customers, every
day. As we celebrate our 25th anniversary and embark on our
next 25 years, I look forward to working with our Founder and the entire
system to keep this wonderful brand moving forward.”
Headquartered in Louisville, Kentucky, Papa John's is the world's third
largest pizza company. For nine years running, consumers have rated Papa
John's No. 1 in customer satisfaction among all national pizza chains in
the highly regarded American Customer Satisfaction Index (ACSI). Papa
John's also ranks first among pizza companies in the 2008 Brand Keys
Customer Loyalty Engagement Index, was honored by Restaurants &
Institutions Magazine (R&I) with the 2008 Silver Award for Consumers’
Choice in Chains in the pizza segment, and was named 2007 Pizza Today
Chain of the Year. For more information about the company or to order
pizza online, visit Papa John's at www.papajohns.com.
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