Cracker Barrel Urged by Shareholder Advisory Groups to Oust Director Tied to Rebranding Debacle

Activist investors push Cracker Barrel shareholders to oust DEI specialist

Activist investor Sardar Biglari intensified his campaign against Cracker Barrel’s leadership, urging shareholders to vote against CEO Julie Felss Masino and board member Gilbert Dávila in the company’s upcoming annual meeting.Two major proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis, also urged shareholders to vote against one or more Cracker Barrel directors over concerns about performance and the company’s contr…

Cracker Barrel Urged by Shareholder Advisory Groups to Oust Director Tied to Rebranding Debacle

"The logo fiasco may be a single incident, but in the public eye it has come to define the company," Institutional Shareholder Services said in a note to clients.

Cracker Barrel investors urged to oust DEI specialist in wake of rebranding fiasco

Two major proxy firms are urging shareholders to oust some Cracker Barrel board members, including a DEI marketing exec who took heat following the chain’s disastrous logo rebrand.

Financial News Network - Activist investors push Cracker Barrel shareholders to oust DEI specialist

Cracker Barrel faces proxy fight as activist investor claims company's rebranding "fiasco" destroyed $1.2 billion in shareholder value amid leadership controversy.Read More …