Restaurant Equipment Articles : Cracker Barrel Urges Shareholders to Reject Biglari Nomination to Board of Directors
Cracker Barrel Old Country Store, Inc. began mailing its proxy statement for the Company’s Annual Meeting of Shareholders to be held on December 20, 2011. In addition, Chairman Michael Woodhouse sent a letter to the Company’s shareholders urging them to elect the Company’s nominees to the Board of Directors, and to vote against the election of Sardar Biglari.
Cracker Barrel Urges Shareholders to Reject Biglari Nomination to Board of Directors
Cracker Barrel Old Country Store, Inc. began mailing its proxy statement for the Company’s Annual Meeting of Shareholders to be held on December 20, 2011. In addition, Chairman Michael Woodhouse sent a letter to the Company’s shareholders urging them to elect the Company’s nominees to the Board of Directors, and to vote against the election of Sardar Biglari.
Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL):
“One of the sweetest compensation arrangements I’ve ever seen at a public company – one that would deeply cut into shareholder returns.”
- Begins Mailing Proxy Statement for December 20th Annual Meeting
- Mails Letter to Shareholders that Questions Biglari’s Motives, Business Conflicts and Objectives
- Cites Company’s New Management and Board Members and New Financial and Operational Initiatives
Cracker Barrel Old Country Store, Inc. began mailing its proxy statement for the Company’s Annual Meeting of Shareholders to be held on