Papa John's International Inc (PZZA) News & EventsPZZANews & EventsPapa John's International Inc

Papa Johns Appoints New Global Chief Marketing Officer and Chief Development Officer

The following appointments will be effective immediately: Chris Lyn-Sue, who serves as Senior Vice President, General Manager of International, has been named Global Chief Marketing Officer. Lyn-Sue has extensive global experience in brand management, commercial strategy and business transformation, including serving as interim Chief Marketing Officer in 2024. Since joining Papa Johns in 2022, he has been instrumental in advancing the Company's international expansion and brand evolution, including seven consecutive quarters of positive international comparable sales. Prior to joining Papa Johns, he held global brand leadership and marketing roles at Popeyes, Restaurant Brands International, and Bacardi. John Matter, who serves as Senior Vice President, General Counsel and Interim Head of North American Development, has been named to the newly created position of Global Chief Development Officer and Assistant Corporate Secretary, which will be responsible for leading growth and development strategy, including global expansion, franchise development, strategic partnerships and other opportunities to create shareholder value. Matter has more than 25 years of legal and strategic advisory experience, including over 15 years in the restaurant and franchising industry. Since joining Papa Johns in 2013, he has supported a broad range of matters across international and domestic operations, franchising, corporate governance, enterprise risk management and other strategic business initiatives. In 2024, he also led the international development team on an interim basis, helping drive international expansion and market development efforts. Matter will maintain his corporate securities responsibilities as Assistant Corporate Secretary. Caroline Miller Oyler, who serves as Chief Administrative Officer, has been named Chief Legal and Administrative Officer. Ms. Oyler will reassume direct leadership of the Legal function in addition to overseeing human resources and culture, legal, risk, safety and security, internal audit and facilities. She will continue in her role as Corporate Secretary. Chris Phylactou, who serves as Managing Director UK, Europe & Canada, has been named Senior Vice President, International. Phylactou has extensive industry experience and strategic leadership across sourcing and global brand operations. Since rejoining Papa Johns in 2020, he has held leadership positions across the international business, including as Vice President of International Supply Chain. Prior to rejoining Papa Johns, he spent eight years at TGI Fridays, ultimately serving as Managing Director for Europe, and he also led a consultancy business, working with clients including Wagamama and Norwegian Cruise Line.

Major Averages Decline Amid Rising Geopolitical Tensions

The major averages were broadly lower as rising geopolitical tensions and another bout of semiconductor selling weigh on risk sentiment. President Donald Trump said he was reinstating a blockade on Iranian shipping through the Strait of Hormuz, even going so far in a social media post as to call the U.S. the "Guardian of the Hormuz Strait." Oil prices surged after the news, reviving concerns that higher energy costs could complicate the inflation outlook.Meanwhile, this week marks the unofficial start of second-quarter earnings season, with major U.S. banks set to report over the next several days. Investors also have an eye on upcoming June CPI and retail sales data, along with congressional testimony from Federal Reserve Chair Kevin Warsh.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Appleis suing OpenAI, accusing the ChatGPT maker and its hardware chief Tang Tan of engaging in a coordinated effort to steal secret trade information about upcoming products,MGM Resortshas been in talks over a potential deal with Barry Diller's People Incorporatedafter the media mogul offered to acquire the casino giant,Williamsin its Power Innovation joint venture from BlackstoneFirst HawaiianTriCo Bancsharesin an all-stock transactionShellSprng Energy to Aditya Birla Renewables for $1.8B2. WALL STREET CALLS:Shopifyto Buy from Hold at JefferiesBofAPapa John'sto Underperform, says management turnover raises uncertaintyAmerican Expressto Overweight from Neutral at JPMorganTravelersto Sell from Hold at TD CowenDeckers Outdoorto Buy from Hold at Jefferies3. AROUND THE WEB:Multiple states, including California, are expected to file suit today to challenge the Paramountand Warner Bros.deal, sources told CNBC's David FaberGoogleis expanding sales of its AI TPUs to external cloud providers as a lower-cost, more reliable alternative to NvidiaGPUs, intensifying competition even as Nvidia remains the dominant supplier of AI infrastructure, Information reportsDisney'slive-action "Moana" was set to collect $43M at the domestic box office from Thursday to Sunday, but originally the company had been aiming for $60M or more, NY Times reportsAT&Twill pay $184.1M to settle a lawsuit accusing the company of shortchanging 300,000 employees out of pension payments, Reuters reportsSK HynixCEO Kawk Noh-jung said he believes the global memory industry is heading into its "worst year" during its supply shortage in 2027, with the demand for memory continuing to exceed the company's ability to produce it, Reuters says4. MOVERS:Q32 Biohigher after reporting 36-week topline results from itsConmedgains afterthe company is weighing its options amid takeover interest from private equity firmsZoomInfoincreases afterOn Semifalls after TD Cowenon the stockIonis Pharmaceuticals (IONS) lower afterin its Phase 1-2 ASCEND study5. EARNINGS/GUIDANCE:Hillman Solutionsand backed its guidance for FY26LogProstyle, with EPS lower year-over-yearASMLon July 15TSMCon July 16JPMorgan Chaseon July 14INDEXES:Near midday, the Dow was down 0.20%, or 106.78, to 52,530.23, the Nasdaq was down 1.03%, or 270.88, to 26,010.73, and the S&P 500 was down 0.46%, or 34.47, to 7,540.92.

Papa John's Appoints Chris Collins as Interim CFO

Papa John's International announced that Chris Collins, Senior Vice President of Corporate Finance and Principal Accounting Officer, has been appointed to the additional position of interim Chief Financial Officer, effective immediately. Collins succeeds Ravi Thanawala, who is leaving Papa Johns to assume a chief financial officer position at another public company. Thanawala will be available to Papa Johns in an advisory capacity until July 31, 2026, to support a smooth transition. Papa Johns has commenced a search for a permanent Chief Financial Officer. "Chris is a proven finance leader with deep knowledge of the Company and the opportunities we are pursuing to maximize shareholder value and position Papa Johns for its greatest success as the best pizza makers in the business," said Todd Penegor, President and Chief Executive Officer of Papa Johns. "I am confident that Chris's support in this interim role along with our talented team will enable continued execution on our transformation priorities." In connection with Thanawala's departure, Marc Richard, Senior Vice President of North America Operations, has assumed responsibility for all North America operations, including those previously overseen by Thanawala in his role as President.