Workflow
Cracker Barrel Shareholders Support All 10 of the Company's Recommended Director Nominees Per Preliminary Results
CBRLCracker Barrel(CBRL) Prnewswire·2024-11-21 17:31

Core Points - Cracker Barrel's shareholders have elected all 10 recommended nominees to the Board of Directors during the 2024 Annual Meeting [1] - The Board expressed gratitude for shareholder support and engagement over recent months [2] - The company is optimistic about its strategic transformation plan and its potential to drive growth and value creation [3] Board Election Results - The preliminary vote count indicates that Carl Berquist, Jody Bilney, Meg Crofton, Gilbert Dávila, John Garratt, Michael Goodwin, Cheryl Henry, Julie Masino, Gisel Ruiz, and Darryl "Chip" Wade have been elected [1] - Sardar Biglari and Milena Alberti-Perez, nominated by entities controlled by Mr. Biglari, did not receive sufficient support [1] Strategic Outlook - The Board is encouraged by shareholder support for the company's strategic imperatives and is committed to maintaining engagement with shareholders [3] - The company welcomes Michael Goodwin to the Board, highlighting his IT and strategic leadership experience [4] - The final results of the election will be reported on a Form 8-K filed with the Securities and Exchange Commission [5]