WEST LAFAYETTE, Ind. — Purdue University will rename its John H. Schnatter Center for Economic Research. The Purdue Board of Trustees met Friday morning and unanimously voted for the change.
They said they will return the name of the John H. Schnatter Center for Economic Research to its former name, which is the Purdue University Research Center in Economics. The board said it will also offer to return the funds that led to the naming.
Schnatter resigned as chairman of Papa John's when it came to light that he'd used a racial slur during a conference call in May. The board said it's taking this action to avoid distraction from the center's work. The school said it also does not want to deviate from its stance on racial relations and tolerance.
As we previously reported, Schnatter's Family Foundation donated $8 million for naming rights of Purdue's economic research center in April. The John H. Schnatter Center for Economic Research is located within the Krannert School of Management.