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Papa John's founder John Schnatter apologized after reportedly using a racial slur during a conference call. Forbes said Schnatter used the N-word during a media training exercise. When asked how he would distance himself from racist groups, Schnatter reportedly complained that Colonel Sanders never faced a backlash for using the word.

In a statement from Papa John admitted to use of "inappropriate and hurtful" language. He said, "Regardless of the context, I apologize."

Schnatter stepped down as CEO last year after blaming slowing sales growth on the outcry surrounding football players kneeling during the national anthem. 

Papa John's founder John Schnatter resigned as Louisville trustee.

Source: http://www.espn.com/college-sports/story/_/id/24071818/papa-john-founder-john-schnatter-resigns-louisville-board-trustees

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