Papa John’s International, Inc. (NASDAQ: PZZA) today announced the
promotion of Tony Thompson to President and Chief Operating Officer,
continuing to report to Papa John’s Founder, Chairman and Chief
Executive Officer, John Schnatter. Thompson most recently served as
Executive Vice President, Chief Operating Officer and President, PJ Food
Service. “Tony has been a tremendous asset to the entire Papa John’s
system,” said Schnatter. “I will continue to partner with him in his new
role as we provide leadership to achieve our plans for international and
domestic growth and continue to position the company for long-term
success.”
Thompson is responsible for leading the company’s global operations and
will continue to lead the operations of PJ Food Service, Inc., Papa
John’s food manufacturing and distribution subsidiary; Research &
Development/Quality Assurance, Development, Marketing and Information
Systems functions.
Headquartered in Louisville, Kentucky, Papa John's International, Inc.
(NASDAQ: PZZA) is the world's third largest pizza company. For 12 of the
past 14 years, consumers have rated Papa John's No. 1 in customer
satisfaction among all national pizza chains in the American Customer
Satisfaction Index (ACSI). Papa John's is the Official Pizza Sponsor of
the National Football League. For more information about the company or
to order pizza online, visit Papa John's at www.papajohns.com
Forward-Looking Statements
Certain matters discussed in this press release and other company
communications constitute forward-looking statements within the meaning
of the federal securities laws. Generally, the use of words such as
“expect,” “estimate,” “believe,” “anticipate,” “will,” “forecast,”
“plan,” “project,” or similar words identify forward-looking statements
that we intend to be included within the safe harbor protections
provided by the federal securities laws. Such statements may relate to
projections concerning revenue, earnings, margins, unit growth, capital
expenditures and other financial and operational measures. Such
statements are not guarantees of future performance and involve certain
risks, uncertainties and assumptions, which are difficult to predict and
many of which are beyond our control. Therefore, actual outcomes and
results may differ materially from those matters expressed or implied in
such forward-looking statements.
The risks, uncertainties and assumptions that are involved in our
forward-looking statements include, but are not limited to: changes in
pricing or other marketing or promotional strategies by competitors
which may adversely affect sales, including an increase in or
continuation of the aggressive pricing and promotional environment; new
product and concept developments by food industry competitors; the
ability of the company and its franchisees to meet planned growth
targets and operate new and existing restaurants profitably; general
economic conditions and resulting impact on consumer buying habits;
changes in consumer preferences; increases in or sustained high costs of
food ingredients and other commodities, paper, utilities, fuel, employee
compensation and benefits, insurance and similar costs (including the
impact of the implementation of federal health care legislation); the
ability of the company to pass along increases in or sustained high
costs to franchisees or consumers; the impact of legal claims and
current or proposed legislation impacting our business; the impact that
product recalls, food quality or safety issues, and general public
health concerns could have on our restaurants; and increased risks
associated with our international operations. These and other risk
factors are discussed in detail in “Part I. Item 1A. - Risk Factors” of
the Annual Report on Form 10-K for the fiscal year ended December 30,
2012. We undertake no obligation to update publicly any forward-looking
statements, whether as a result of future events, new information or
otherwise.
Copyright Business Wire 2013