By Chris Wack Papa John's said Amanda Clark, its international operating chief, is leaving March 1 to assume the role of chief executive at another company.
The firm’s CEO, Jeff Smith, told CNBC that restaurant chains, long a popular business with activists, are inexpensive and offer a number of opportunities.
Consumer companies fell amid concerns about the outlook for spending. Shares of cruiseline Carnival tumbled as the revival in its fortunes lagged Wall Street.