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

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[November 06, 2019]  (Reuters) - Papa John's International Inc <PZZA.O> 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 <PPG.N> 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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