When Stockholders Speak...

...Board members are held accountable:

racker Barrel has lost one of its board members responsible for diversity, equity, and inclusion initiatives.

After a marketing disaster involving a change to its iconic logo and unique in-store designs, the company quickly apologized and reverted back to its original look. It has since looked to regain consumer trust and is finally making moves in its boardroom.

'Gilbert helped oversee the formation of our strategic plan.'

Now, an independent director and board member who shouldered at least some of the blame for the rebrand is stepping down.

Cracker Barrel announced Gilbert Dávila's resignation on Thursday morning, following a shareholder vote on the company's board of directors. Shareholders elected nine of the company's 10 recommended director nominees, including CEO Julie Masino, who has taken the brunt of the public bashing for the marketing failure.

Masino was held equally responsible but was retained due to fear of too much internal chaos if she was let go. Let's see if she learned from this.

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• Re: When Stockholders Speak... - Dean 10:09:53 11/21/25 (0)

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