There's a lot of positive spin being put on the news that Papa John's International Inc. is opening a new global headquarters in Atlanta, instead of Louisville.
And hey look, we realize the chamber of commerce and the mayor's office can't publicly scorn the company for this decision. They have to be diplomatic and congratulate Papa John's on their success and potential growth.
But we don't have to be diplomatic.
We're just going to come right out and say that this is the latest (and largest) company to decide that there's greener pastures out there than Louisville if you're looking to grow globally.
It's a troubling trend we talk about on this week's Access Louisville podcast.
Apellis Pharmaceuticals is another recent departure as our list of public companies continues to shrink in recent years. We also saw Yum Brands Inc. move the top brass out of Louisville several years back.
On the show, we chat about the transition at Papa John's that led to this decision, including the appointment of its CEO Rob Lynch. We also talk about the way this news was received by leaders in Louisville. Only a few, including founder John Schnatter called it disappointing.
Access Louisville is a weekly podcast from Louisville Business First. If you like what you hear be sure to check us out on popular podcast services.
