Papa John’s appoints new Chief Administrative Officer

ATLANTA - Papa John’s International, Inc. (NASDAQ: PZZA), the $1.54 billion pizza delivery company, announced the promotion of Caroline Miller Oyler to the position of Chief Administrative Officer, effective immediately. Oyler, who has been with the company for over two decades, previously held the role of Chief Legal and Risk Officer and has thrice acted as interim leader of the Human Resources function.

In her new role, Oyler will oversee human resources, legal, risk, safety and security, internal audit, and facilities. This strategic move aims to streamline key business support functions, fostering efficiency and collaboration within the company. Todd Penegor, CEO of Papa John’s, praised Oyler for her extensive experience and leadership qualities, which he believes are crucial for the company’s ongoing transformation and growth, as the company maintains its 13-year track record of consistent dividend payments.

Oyler’s promotion is part of Papa John’s broader efforts to evolve its operational structure to better align with its strategic goals. The company, known for its commitment to quality ingredients and pizza, operates over 6,000 restaurants in approximately 50 countries and territories.

This organizational update is based on a press release statement from Papa John’s International, Inc.

In other recent news, Papa John’s has reported its first-quarter earnings for 2025, revealing a slight revenue beat with earnings per share (EPS) falling short of expectations. The company generated $518.3 million in revenue, surpassing the forecast of $512.44 million, while EPS was $0.36, below the anticipated $0.39. Benchmark analyst Todd Brooks maintained a Buy rating with a $50 price target, highlighting sequential sales improvements and the effectiveness of Papa John’s strategic initiatives. Conversely, Stifel analysts reiterated a Hold rating with a $38 price target, reflecting a cautious outlook due to a 2.7% decline in North American comparable sales during the first quarter.

Despite these challenges, Papa John’s reported improvements in sales trends as the quarter progressed, with a less than 1% dip in comparable sales during the first five weeks of the second quarter. The company continues to project flat to 2% growth in full-year North American comparable sales, supported by menu innovations and loyalty program enhancements. Papa John’s is also optimistic about its expansion plans, expecting modest annual growth in net store additions through fiscal year 2025. The company remains focused on strategic investments to drive long-term growth, including a $25 million increase in marketing spend and a partnership with Google Cloud to enhance customer experiences.

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