Cracker Barrel covers security for departing CEO and pays $4.6M in exit fees after failed rebrand
TL;DR Summary
Cracker Barrel will pay outgoing CEO Julie Felss Masino’s security costs for as long as the board deems it reasonably necessary after her October exit and will provide about $4.6 million in exit payments over two years, as the company seeks to move on from a controversial rebrand; incoming CEO David Deno is set to receive a substantial compensation package.
- Cracker Barrel to pay outgoing CEO’s security costs, $4.6M in exit fees after failed rebrand attempt: reports New York Post
- Julie Masino, Cracker Barrel CEO Who Oversaw Logo Change, Steps Down The New York Times
- Boss behind ‘woke’ Cracker Barrel logo gets indefinite security The Times
- From Cracker Barrel to Boeing, Companies Are Turning to Retired CEOs WSJ
- Cracker Barrel chief executive steps down a year after rebrand chaos BBC
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