Cracker Barrel Shares 9 Selected Revolutionaries That Are Recommended Including The CEO
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A member of the Barrel Barnel Board who pulled money against its dei has resigned, the company announced on Thursday.
When he announced that the shareholders voted to choose the 10 nominees of the company, during the annual meeting Gilbert Dávila began to vote and the Board of the Company will now have nine directors.
“The Board and the Board have been honored by the trust and responsibility of the management of Cracker Barrel and we take seriously the trust that the shareholders and guests have placed in us,” Read a statement from the board. “We are also grateful to the independent CEO, Gilbert Dávila, who has been a member of the Board for five years working for Cracker Barrel. During that time, Gilbert assisted our compensation and talent committee.”
The company had it he appealed to the shareholders Keeping Dávila, who joined the board in 2020.
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A general view of the Cracker Barrel Country store in Fishkill, New York, Aug. 25, 2025. (Richard Beetham of FOX News Digital / Fox News)
The vote marks a partial win for activist investor Sardar Biglari, who called Out Both Masino and Dávila for his concerns about the performance of Cracker Barrel and August Regal Recland.
Biglari’s Investment firm sent a Letter to shareholders November 6 Telling them that his campaign is “About saving Cracker Barrel from a board team and a management team that is not connected to Cracker Barrel’s customer base.”
“The Board failed in all acquisitions and opening new stores, hired the wrong position, and allowed the company to not only fail but put the Company Peream Peract to work financially.
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Two of the largest Proxy Advisory Firms, Institutional Share Services (ISSHALA (ISS) and LEWIS of Glass, are gathering with shareholders earlier this month to vote on the directors of one or more barrels.
“Our Board of Directors and our Board of Directors have a deep appreciation for Cracker Barrel’s place as America’s Front Porch and home to some of our country’s values: family, hard work, country-made food,” the company said. (Richard Beetham of FOX News Digital / Fox News)
ESS and ISS lewis presented shares to vote against Dávila, an advertising and diversity expert who served as chairman of the remuneration committee. Glass Lewis also recommended voting against Jody Bilney, who holds the seats on the Corporate and Governance Committee.
No strong representative is recommended to remove the CEO.
Cracker Barrel said Biglari launched eight proxy fights over 15 years and used platforms tied to the companies he controlled, including false and misleading statements. “
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It accused Biglari of mounting an “expensive and disruptive” proxy campaign to further his agenda, saying he had a long history of “disruptive, failed” campaigns at the company.
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“Our team and our Board have a deep appreciation for Cracker Barrel’s place as America’s first parch and home to some of our country’s values: family, hard work, country-made food,” said Lwesine.
“We are more focused than ever on delivering the highest quality food and experience to our guests while remaining the value that makes a special cracker barrel, because as always, we are committed to returning the company and growing our shareholders.”
