LEXINGTON, Ky. (WTVQ) – The University of Kentucky says it is ending its partnership with Papa John’s founder John Schnatter.
The announcement comes just a few hours after the University of Louisville said it was changing the name of the Papa John’s Cardinal Stadium to Cardinal Stadium.
According to President Eli Capilouto, Schnatter’s name will be removed from the Gatton College of Business and Economics.
Schnatter stepped down as chairman of Papa John’s board this week after Forbes reported that he used the N-word during a media training exercise.
Schnatter issued an apology, acknowledging the use of “inappropriate and hurtful” language.
The company announced Friday it was removing Schnatter’s image from all marketing materials.
Schnatter has also resigned from the University of Louisville’s board of trustees.
The University of Kentucky and the John Schnatter Foundation released the following statements Friday:
[su_quote cite=”University of Kentucky President Eli Capilouto”]“We appreciate Mr. Schnatter’s understanding that his unacceptable language is contrary to the values of the University of Kentucky. We believe in his sincerity to try to make amends. But attempting to continue any financial relationship with Mr. Schnatter would be a painful and unnecessary barrier to our efforts of building a community where everyone is welcome and belongs. Therefore, we will be continuing the important work of the Institute for the Study of Free Enterprise, but neither the Gatton College of Business and Economics nor the Institute will recognize Mr. Schnatter in any way.” [/su_quote]
[su_quote cite=”John H. Schnatter Family Foundation”]“When we started working with the University of Kentucky to create the John H. Schnatter Institute for the Study of Free Enterprise in 2015, our focus was, and remains to this day, the students, who benefit from understanding the role free markets play in the economy and society. Based on recent events, the University feels that Mr. Schnatter’s involvement with this program could be a distraction to students and scholars. With that in mind, we have mutually agreed to end our partnership with the University.”