The call, which took place in May, was meant as a role-playing exercise to help Schnatter avoid future public relations messes like the one a year ago when he blamed the NFL's national anthem kneeling controversy for declining pizza sales.
David Grissom, the chairman of the university board, said he had spoken to Schnatter on Wednesday.
Papa John's International, Inc. announced Schnatter has resigned as chairman in a statement late Wednesday night. Schnatter's remark set of outrage all over social media and with several groups, including the NAACP calling for Schnatter to resign from the University of Louisville board prior to it happening. The call was meant to facilitate public relations strategies to avoid coming off as a racist, which Schnatter desperately needed after his criticism of kneeling National Football League players got him uplifted by white supremacists and booted as the company's CEO.
On Wednesday, Forbes issued a report that Schnatter used the word during a May marketing call with company executives and a marketing firm called Laundry Service. He added that the members of the board don't condone racism or "insensitive" language.
Thai official: Rescued boys generally healthy and smiling
All 12 boys trapped underground in Thailand have been rescued following the "largest, most complex cave rescue in history". Medical officials told reporters that they're healthy, fever-free, mentally fit and "seem to be in high spirits".
Sources told Forbes Schnatter had made the comments in a misguided attempt to show his aversion to racism but many on the call were left offended.
In a statement to BuzzFeed News, Schnatter confirmed he'd used the n-word and offered an apology.
Yum Brands Inc's Pizza Hut replaced Papa John's as NFL's sponsor in February, ending Papa John's eight-year relationship with the top USA football league.
Following the incident, Laundry Service said it held a call with the client's chief executive officer to discuss winding down the media agency's work with the company.
Papa John's has once again shot itself, blowing off its metaphorical foot.
Company shares fell as much as 5.9 per cent on Wednesday to US$47.80 near midday, the lowest intraday level since February 2016.
England must now rouse themselves for the finale of the third-placed play-off against Belgium in St Petersburg on Saturday. Kieran Trippier couldn't hold back the tears as he realised England's World Cup dream was over.
The eight boys brought out by divers on Sunday and Monday were doing well and were in good spirits, a senior health official said. Chiang Rai governor Narongsak Osatanakorn, who is heading the rescue effort, said that Tuesday's operation involved 19 divers.
Mario Mandžukić secured the win with another goal in the 100th, just minutes before the game would have gone into penalties. The goal weakened the Croatian side, allowing England to retain possession and control the tempo of the first half.
Mr Khan said he supported the decision taken by the Greater London Authority, adding that it was not for him to be a "censor". Protesters are also expected to show up at Chequers, the prime minister's country residence, and Windsor Castle.
Before ending the video, Knight said that he left some stuff behind for his brother and that he would be "looking over him". Knight's official cause of death has yet to be determined, but will be examined by the Maricopa County Medical Examiner.
The $14 million cost for Ulchi Freedom Guardian represents a microscopic portion of the Pentagon's roughly $700 billion budget. What Pyongyang really wants is a four-party meeting with South Korea, China and the United States, the professor said.
They will only be allowed close contact once all test results have come back clear. "Four plus one coach , so it's five". Four Seal team divers - including a doctor - who stayed with the group were still to emerge, the Facebook post added.
Police officers took photographs of each other at the massive cave entrance, as pumps continued to suck out huge volumes of water. That left 20 or so divers scrambling to flee the rising waters, he said, explaining they narrowly made it out time.
The reigning NL MVP won't be participating for the AL squad in the All-Star Game next week in Washington. For the eight players not selected in the Final Vote, the All-Star dream is not officially over.
Do they think if they blocked Kavanaugh, Trump would name a moderate? He later joined the administration of President George W. President Donald Trump waited for primetime to unveil his pick to replace retiring Supreme Court Justice Anthony Kennedy .
Kane ‘gutted’ as England’s World Cup dream dies
They needed a penalty shoot-out to see off Denmark in the last 16, though, after Modric had missed from the spot in extra time. For a second there, it did honestly feel like it was coming home, but alas, it was not to be.
PM May urges her party to back EU Brexit plan - spokesman
This policy will be bad for our country and bad for the party. "Because I've already cleared the existing text with Mrs Merkel". Mr Buckland added that there had been a realisation that "we all hang together or we all hang separately".
Samsung will release a fully frameless smartphone
There were previous rumours that claimed that the Galaxy S10 + will come fitted with a triple-sensor camera on the rear. It has been speculated that the company may embed the speakers in the display to reduce that bezel space.
Nevada to become first state to use fentanyl in an execution
A witness testified Dozier used a sledgehammer to break Greene's limbs so the corpse would fit in a plastic storage container. Nevada plans to carry out the first execution using fentanyl, a drug at the heart of the USA opioid epidemic, on Wednesday.