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Shaq joins Papa John's board

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Former professional basketball player Shaquille O'Neal is joining the board of embattled pizza chain Papa John's.

"The addition of Shaquille on the board, I think is really going to highlight what we need to do from a marketing standpoint to get those sales moving," CEO Steve Ritchie said.

Eight months ago, founder John Schnatter's likeness was stripped from marketing materials. He stepped down after using a racial slur in a conference call, and previously blamed the NFL's leadership for poor sales at his company. Papa John's previously was the marketed official pizza chain of the NFL.

Read more from CNBC.


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