Papa John’s has named its lead independent director Olivia F Kirtley to the chair of the pizza company’s board of directors.
Kirtley is a business consultant on strategic and corporate governance issues and has served as the board’s lead independent director since 2017.
Prior to joining Papa John’s, she served as the chief financial officer and former senior manager with accounting firm Ernst & Young, as well as president and board chairman of the International Federation of Accountants.
Kirtley also worked as the chairman of the American Institute of Certified Public Accountants and Chairman of the AICPA Board of Examiners.
Commenting on the appointment, Kirtley said: “The independent directors of the Papa John’s board are committed to serving the best interests of the company, our shareholders and other stakeholders.
“The establishment of the board’s independent special committee and the ongoing cultural audit and investigation are among numerous steps underway to ensure that equity, inclusion, diversity and respect are upheld throughout the organisation.”
In addition, the company’s corporate governance and nominating committee of the board are currently in search for additional independent directors and intends to engage with Papa John’s shareholders as part of this process.
Kirtley added: “Many stakeholders, including team members, franchisees and shareholders, have expressed their support for the actions we are taking.
“We appreciate this support and value the feedback we have received. The independent members of the board and leadership will continue to engage with shareholders and other stakeholders to hear their perspectives and ideas, including on-board composition, so that these views can be considered in our work to move forward.”