Shaq Is Now A Member Of Papa John’s Board Of Directors
Is there Something Shaq cannot do?!
In the midst of all their existing company struggles, Papa John’s has discovered its subsequent spokesman: Shaquille O’Neal–But he’s going to be carrying out a lot far more than just promoting a handful of pizzas. The Hall-of-Famer will also be joining Papa John’s board of directors, investing in nine Papa John’s shops in Atlanta, and becoming an ambassador for the brand in ads. The business is paying Shaq a hefty $eight.25 million more than 3 years for the endorsement deal.
“Shaquille has an exceptional entrepreneurial background, like as a restaurant franchise owner, and is a organic inventive marketer,” stated Jeff Smith, chairman of Papa John’s board of directors.
The former NBA baller also has substantial practical experience in the meals company. He owns a Krispy Kreme Doughnuts franchise in Atlanta, a Large Chicken quickly casual fried chicken joint in Las Vegas, and Shaquille’s restaurant in Los Angeles.
Possessing Shaq on their group is a huge move for Papa John’s, whose sales have declined for 5 straight quarters. The business initial reported a slowdown in October 2017, when its founder John Schnatter blamed on the NFL’s handling of player protests. Schnatter stepped down as CEO two months immediately after the comments, which sparked a backlash and marked the starting of the company’s rough patch.
Will getting Shaq in their ads or on their board of directors sway you to attempt some Papa John’s pizza any time in the future?!