Business
Papa John’s Announces Plans for New Global Headquarters in Atlanta Area to Accelerate Long-Term Growth and Innovation
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa John’s International, Inc. (NASDAQ: PZZA) today announced plans to open a new global headquarters in the Metro
About this update from Papa John's International, Inc.
[{"type":"text","content":" LOUISVILLE, Ky.--(BUSINESS WIRE)--\nPapa John’s International, Inc. (NASDAQ: PZZA) today announced plans to open a new global headquarters in the Metro Atlanta, GA region, where menu innovation; marketing; customer experience; HR; diversity, equity and inclusion; communications; and development functions will be located. IT, supply chain, and legal teams will remain in the Louisville, KY headquarters. Papa John’s also maintains a headquarters office outside of London, UK, where its international operations are managed.\n\nPapa John’s new headquarters in Metro Atlanta is a key element of a broader reorganization of corporate functions, reflecting the company’s ongoing transformation into a brand and culture that can effectively and efficiently deliver on the company’s purpose, values and strategic business priorities. The opening of the new Atlanta location and related organizational changes are expected to be completed by the summer of 2021 and do not affect Papa John’s company-owned or franchised stores or its nationwide network of quality control centers (QCCs).\n\n“Shortly after setting a new strategic direction for Papa John’s late last year, we began to assess the optimal corporate organization to support our restaurants and our brand’s long-term growth,” said Rob Lynch, President & CEO. “With strong momentum and our potential expanding every day, we are investing in capabilities for future innovation and global growth, improving efficiencies, and better aligning our organization around the strategies that are driving our near- and long-term success.”\n\nMr. Lynch continued, “We’re thrilled to open a headquarters office in such an energetic and diverse region. Metro Atlanta’s deep talent pool and its world-class airport connecting us to the domestic and international markets that are key to our brand’s future will accelerate our long-term growth. Atlanta is also our largest corporate-owned restaurant market and the location of our newest and most sophisticated QCC. The Louisville headquarters – Papa John’s home for 36 years – remains essential to the company’s success and we look forward to continuing to be a great corporate partner in the Commonwealth of Kentucky.”\n\nThe company is currently in discussions with a number of potential office locations throughout the Metro Atlanta area and expects to complete the selection ...