Papa John’s taps ex-Nike executive as new CFO

Papa John’s International Inc.
PZZA,
-3.29%
said Monday it has named former Nike Inc.
NKE,
-0.85%
official Ravi Thenawala as chief financial officer. Thenawala spent the last seven years at the sporting company as CFO of Nike North America, its biggest division with fiscal 2022 revenue totaling about $18 billion. The executive has also done stints at Ann Inc., a unit of Ascena Retail Group Inc. Papa John’s stock has fallen 14% in the year to date, while the S&P 500
SPX,
-0.77%
has gained 13%.