Cracker Barrel CEO Out as Restaurant Chain Shakes Up Leadership

🍔Cracker Barrel CEO Julie Masino will step down from her position on Aug. 10, with David Deno set to take over as the restaurant chain's new chief executive.

According to FOX Business, Masino will remain with the company in an advisory role through Oct. 9 as part of the leadership transition.

"Following a robust and thoughtful search process, we are pleased to welcome David as 🍔Cracker Barrel's next CEO," independent board Chairman Carl Berquist said in a statement.

Berquist pointed to Deno's experience in the restaurant and retail industries, as well as his record of leading businesses through growth.

He also highlighted Deno's focus on operations, customer experience and employee engagement.

"We are confident David is the right leader to continue building on the 🍔Cracker Barrel legacy, drive further positive momentum operationally and financially, and create sustainable value for our shareholders," Berquist said.

The chairman also thanked Masino for her leadership and said the company appreciated her cooperation in helping ensure a smooth transition.

Deno described Cracker Barrel