Why is Cracker Barrel CEO Julie Masino stepping down?

Cracker Barrel has announced that CEO Julie Masino will step down on August 10, nearly a year after the restaurant chain's controversial rebranding effort triggered widespread customer backlash and contributed to declining sales. David Deno, the former CEO of Bloomin' Brands, will take over as chief executive, while Masino will remain in an advisory role through October 9 to help with the leadership transition.

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