Cracker Barrel said CEO Julie Masino will step down from the top role, with the change set to take effect on Aug. 10. The company also announced that David Deno will replace her as chief executive.
Masino is not leaving immediately. According to the company, she will remain in an advisory capacity through Oct. 9, giving Cracker Barrel a transition period as the leadership change moves forward.
The announcement marks a notable management shift for the restaurant and retail chain. Leadership changes at publicly traded consumer companies often draw investor attention because they can signal a new operating direction or a renewed focus on performance.
Based on the company’s statement, the immediate next step is a handoff from Masino to Deno in August, followed by a short advisory period into October. Cracker Barrel’s update keeps the timeline clear: Masino steps down on Aug. 10, and Deno takes over the CEO role on that date.
