Management ChangeJun 30, 2026, 04:37 PM
Papa Johns CFO Thanawala Resigns; Chris Collins Appointed Interim CFO
AI Summary
Papa Johns International announced that Ravi Thanawala resigned from his position as Chief Financial Officer and President, North America, effective June 30, 2026, to take a CFO role at another public company. Christopher K. Collins, Senior Vice President of Corporate Finance and Principal Accounting Officer, has been appointed interim Chief Financial Officer. Mr. Collins' compensation will be adjusted during his interim role, including an increased annual base salary of $415,000 and a 75% target annual bonus opportunity. The company has begun a search for a permanent CFO and also announced that Marc Richard will now lead North America operations.
Key Highlights
- Ravi Thanawala resigned as CFO and President, North America, effective June 30, 2026.
- Thanawala will serve in an advisory role until July 31, 2026, for transition.
- Christopher K. Collins appointed interim CFO, effective June 30, 2026.
- Collins' annual base salary increased to $415,000 as interim CFO.
- Collins' target annual bonus opportunity increased to 75% of base salary.
- Marc Richard assumed responsibility for North America operations.
- Papa Johns commenced a search for a permanent Chief Financial Officer.
- Q2 financial results to be released before market open on August 6, 2026.
Price Impact
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