Papa John’s replaces North America president in management shake-up

Papa John’s International has reshuffled its elder leadership, naming Ravi Thanawala arsenic main fiscal serviceman (CFO) and president for North America.

Thanawala, who had been serving arsenic the firm’s CFO and planetary enforcement vice-president, volition present spearhead the group’s North American concern successful summation to his concern duties.

His caller remit covers improvement strategies and edifice operations crossed the region.

Chris Lyn-Sue volition determination from the relation of elder vice-president (SVP) and caput of planetary markets, to SVP and planetary wide manager.

With the appointments effectual immediately, some executives volition study straight to president and CEO Todd Penegor.

Thanawala joined the pizza concatenation from Nike, wherever helium had been the CFO of Nike North America.

He was besides the planetary vice-president and CFO of the Converse brand, and the planetary vice-president of retail excellence, managing the brand's show crossed concern channels including franchises, licences and direct-to-consumer.

Before joining Nike, helium worked astatine apparel retailer Ann Inc.

Penegor stated: “Ravi is simply a proven person whose disciplined absorption connected operating execution, compelling merchandise innovation, and outgo absorption has generated meaningful maturation crossed Papa Johns planetary business.

“Given his way grounds [...] and his occurrence with user marque turnarounds, we are assured that Ravi is the close idiosyncratic to usher our North America concern done existent headwinds and assistance accelerate our translation to present greater worth for shareholders, customers and franchisees.”

Thanawala became portion of Papa John’s arsenic CFO successful 2023 and was fixed work for the planetary concern past year.

He besides held the relation of CEO connected an interim ground from March to August 2024.

Chief edifice and planetary improvement serviceman Joe Sieve is leaving the company.

The absorption changes travel connected the heels of the study of hedge money manager Irenic Capital Management accumulating a involvement successful Papa John’s during the 3rd 4th of 2025.

While caller stakes by activistic hedge funds often foreshadow efforts to propulsion absorption towards strategical alternatives, it remains unclear what circumstantial changes, if any, Irenic plans to prosecute astatine the pizza chain, arsenic reported by Reuters.

"Papa John’s replaces North America president successful absorption shake-up" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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