Papa Johns CFO gains dual role, salary bump

Group 1 - The appointment of CFOs to additional roles, such as president, is becoming a common trend among companies, indicating a shift in responsibilities beyond traditional finance [3][4] - In 2024, companies like UnitedHealth and Hilton Grand Vacations appointed their CFOs to the role of president, reflecting this trend [4] - The move of a CFO into an operations role often signals cost-cutting measures and a focus on financial discipline, as seen in Papa John's plans to close up to 70 North American locations in 2025 due to declining same-store sales [5] Group 2 - Papa John's appointed its CFO Ravi Thanawala to the dual role of president for North America, effective immediately, while also promoting Chris Lyn-Sue to take over international responsibilities [6] - Thanawala's base salary was increased to $700,000 from $675,000, and his annual target bonus opportunity was raised to 100% of his base salary from 75% [6]