Cracker Barrel to Fund Security for Departing CEO and Appoint David Deno
newser. com reported that Cracker Barrel will keep funding personal security for CEO Julie Masino after she steps down in October. Fox Business said Masino will leave the chief executive role on August 10 and remain as an adviser until Oct. 9, with former Bloomin’ Brands executive David Deno slated to assume the CEO position.
The outlet also disclosed a $4. 63 million severance package for Masino and a $1 million salary plus relocation benefits for Deno. Earlier reports from Fox News and NBC News linked the leadership change to a turnaround strategy and recovery from a recent rebranding controversy.