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Papa John's rips into founder in open letter

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The Papa John's board blasted the company's founder in a new open letter.

“John Schnatter is promoting his self-interest at the expense of all others in an attempt to regain control,” the letter reads. “John Schnatter is harming the company, not helping it, as evidenced by the negative impact his comments and actions have had on our business and that of our franchisees."

Schnatter recently launched a website to make his case for why the board improperly pushed him out of the company. He resigned as chairman over the use of a racial slur.

Read more from Fortune.

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