Cracker Barrel shareholders voted Thursday to keep company CEO Julie Felss Masino in place despite a debacle over the company's logo that continues to hurt its sales.
But one of the company's directors, Gilbert Davila, resigned from Cracker Barrel's board Thursday after preliminary results indicated that shareholders rejected his reelection.
Davila, who joined Cracker Barrel's board in 2020, is the president and CEO of DMI Consulting, a multicultural marketing firm. He reviewed Cracker Barrel's advertising as part of his role on the board. Two influential shareholder advisory firms, Institutional Shareholder Services and Glass Lewis, had recommended against Davila's reelection ahead of the vote.
Sardar Biglari, a longtime Cracker Barrel shareholder and activist investor, was among those

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