November 6, 2019 / 12:54 PM / 15 days ago

Papa John's new CEO shakes up top management; CFO to leave

Nov 6 (Reuters) - Papa John’s International Inc said on Wednesday its finance head would leave the company next year amid a raft of top level changes as new Chief Executive Officer Rob Lynch tries to turn around the pizza chain.

The company has begun search for a replacement for Chief Financial Officer Joe Smith and said it has hired Max Wetzel, a former top executive at PPG Industries as chief commercial and marketing officer.

Separately, Papa John’s reported a surprise rise of 1% in its third-quarter comparable sales in North America, compared to analysts’ average expectation of a 0.70% fall, according IBES data from Refintiv.

Reporting by Uday Sampath in Bengaluru; Editing by Arun Koyyur

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