Shaquille O'Neal, also known as Shaq, is a former professional basketball player and current sports analyst. He is also a businessman, with various investments in different industries. One of his notable investments is in the pizza chain, Papa John's Pizza.
Background of Papa John's Pizza
Papa John's Pizza is an American pizza restaurant franchise founded in 1984. It has over 5,000 locations worldwide and is known for its signature "better ingredients, better pizza" slogan. However, the company faced controversy in 2018 when its founder, John Schnatter, used a racial slur during a conference call. This led to his resignation as CEO and chairman of the board.
Shaquille O'Neal's Involvement
In March 2019, Shaquille O'Neal announced that he would be joining Papa John's Pizza as a member of the board of directors and as an investor in nine Papa John's restaurants in Atlanta, Georgia. He also became the face of the company's marketing campaign, appearing in commercials and promoting the brand on social media.
Reasons for Investment
In an interview with CNBC, Shaquille O'Neal stated that he invested in Papa John's Pizza because of its potential for growth and its emphasis on diversity and inclusion. He also mentioned his desire to create job opportunities in underserved communities.
Impact on Papa John's Pizza
Shaquille O'Neal's involvement in Papa John's Pizza has brought positive changes to the company. He has helped the company move forward from its past controversies and has brought a new perspective to the board of directors. In addition, his marketing efforts have increased brand awareness and improved the company's public image.
Future Plans
Shaquille O'Neal has expressed his interest in expanding Papa John's Pizza internationally and opening more restaurants in underserved communities. He has also mentioned the possibility of adding new menu items and improving the overall customer experience.
Conclusion
In conclusion, Shaquille O'Neal's investment in Papa John's Pizza has been a positive move for the company. His involvement has helped the company move forward from its past controversies and has brought positive changes to the company. With his future plans, Papa John's Pizza is poised for more growth and success.
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