From being senior vice president, global sales and development, he has been promoted to CFO effective immediately.
Mr. Smith, 54, has approximately 33 years of experience in finance, development and auditing, and is a Certified Public Accountant. He joined Papa John’s in 2000, serving most recently as Senior Vice President, Global Sales and Development since 2016 and as Vice President, Global Sales and Development from 2010 to 2016. He served as Vice President of Corporate Finance from 2005 to 2010 and as Senior Director of Corporate Budgeting and Finance from 2000 to 2005. Prior to joining Papa John’s, Mr. Smith served as Corporate Controller for United Catalysts, Inc. from 1998 to 2000. Mr. Smith began his career in public accounting in 1985 at Ernst & Young.
President and chief executive officer Steve Ritchie said, “Joe has had an integral role in the growth of Papa John’s during his 18 years with the Company, including 10 years in Finance and 8 years in our Global Development departments. His knowledge and experience position him well to serve as our new CFO, particularly given the work underway to evaluate and invest in new opportunities for value creation. I look forward to working with Joe in his new role.”
Founder chairman John Schnatter added, "Joe has demonstrated strong finance skills and integrity in his many years with Papa John’s, and his promotion is well deserved. His extensive knowledge of our Company and industry make him the ideal person to lead our finance team.”
“I’m excited to be named Papa John’s CFO,” said Smith. “I look forward to continuing to work closely with Steve Ritchie and our entire management team, John Schnatter and our Board of Directors and our franchise system.”
Steve Coke, who has been serving as interim principal financial and accounting officer, will continue to serve as Vice President, Investor Relations and Strategy.
Do you know more about this story? Contact us anonymously through this link.