Staffing

Papa Johns appoints interim CFO as Ravi Thanawala departs

Photo: l_martinez - stock.adobe.com

July 1, 2026

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Papa John's International Inc. has restructured its executive team after the departure of chief financial officer Ravi Thanawala, who is resigning to assume a chief financial officer role at another public company, according to a press release.

Papa Johns' Chris Collins has been appointed to the additional position of interim chief financial officer, effective immediately. Collins is Papa Johns senior VP of corporate finance and principal accounting officer.

In connection with Thanawala's departure, Marc Richard, senior VP of North America Operations, has assumed responsibility for all North America operations, including those previously overseen by Thanawala in his role as President.

Thanawala will serve in an advisory capacity until July 31, 2026, to support a smooth transition as Papa Johns searches for his replacement.

"On behalf of the Papa Johns team, I want to thank Ravi for his leadership and contributions to the company. He has been a valued colleague, and we wish him all the best in his next chapter," Todd Penegor, Papa Johns president and CEO, said in the press release. "I am confident that Chris' support in this interim role along with our talented team will enable continued execution on our transformation priorities."

Separately, Papa Johns will release its second quarter financial results on Aug. 6, 2026, with a conference call to follow at 8:00 a.m. ET.