NEW YORK (AP) — Papa John’s is getting “Shaq-ified.”
The pizza chain said Friday that basketball Hall of Famer Shaquille O’Neal will be its new pitchman, appearing in TV commercials and promoting Papa John’s in other ways. The company hopes O’Neal can repair its image and revive its sales after the company’s founder and namesake, John Schnatter, made racially insensitive remarks.
Besides being a spokesman, O’Neal will also join the company’s board of directors and invest in nine of its restaurants in the Atlanta area.
“If you want to enjoy great pizza and feel loved by the people that serve the pizza, you can come back home now,” O’Neal said in an interview with The Associated Press. ”‘The Daddy’ is here.”
O’Neal said Schnatter’s comments were “not acceptable,” and said he told the company’s executives that it needed more diversity in its leadership. He says he’s the first African-American to join Papa John’s board.
“We want to create a culture to let everybody know that they’re loved, accepted and wanted,” O’Neal said.
Papa John’s International Inc. said it will pay O’Neal more than $8 million in cash and company stock for the three-year endorsement deal.
Wall Street seems to think it’s a winning partnership. Shares of Papa John’s soared more than 6 percent Friday.
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