You know, the through line that runs through both of those stories is Taco Bell, and we'll get to their handling of cyclospora in a bit.
Taco Bell is also where Julie Masino made her name as a fast food executive before joining Cracker Barrel as CEO three years ago.
This week, Masino's tenure came to an unceremonious end, 11 months after leading the restaurant's rebranding gone wrong.
You'll remember the outcry from Cracker Barrel customers last year as Masino tried to broaden the chain's appeal, cleaning up the cluttered but beloved decor of its homey restaurants, and simplifying the Cracker Barrel logo by eliminating the Cracker Barrel and the old-timer leaning against it.
That was a bridge too far for the conservative chattering class on social media, who said Tennessee-based Cracker Barrel had over-indexed on DEI, or something.
The logo became a proxy for everything from woke culture, to missing menu items, to that sterile new decor.
And even after putting the knick-knacks back on the shelves, the writing was on the wall for Masino, who sat for an interview with podcaster Glenn Beck last November.
I feel like I've been fired by America.
[laughs]
It's hard because, again, uh, all I've wanted to do was help people love this brand.
The responsibility for the 70,000 people who work here, I, I bear that every single day.
Fast-forward to Monday, with the stock down 45% since she took over, but up off of its lows post-rebrand.
Board chair Carl Bergquist thanked Masino for her leadership and commitment, but gave no reason for her departure, and the company declined to discuss executive changes beyond that press release.
So Craig, everybody, including Julie Masino, agreed the rebrand was a major misstep.
But there was a CNN story that caught my eye a few weeks ago called How Cracker Barrel Saved Itself.
They beat top line expectations last quarter, and some analysts said the menu changes were starting to pay off.
You know, the through line that runs through both of those stories is Taco Bell, and we'll get to their handling of cyclospora in a bit.
Taco Bell is also where Julie Masino made her name as a fast food executive before joining Cracker Barrel as CEO three years ago.
This week, Masino's tenure came to an unceremonious end, 11 months after leading the restaurant's rebranding gone wrong.
You'll remember the outcry from Cracker Barrel customers last year as Masino tried to broaden the chain's appeal, cleaning up the cluttered but beloved decor of its homey restaurants, and simplifying the Cracker Barrel logo by eliminating the Cracker Barrel and the old-timer leaning against it.
That was a bridge too far for the conservative chattering class on social media, who said Tennessee-based Cracker Barrel had over-indexed on DEI, or something.
The logo became a proxy for everything from woke culture, to missing menu items, to that sterile new decor.
And even after putting the knick-knacks back on the shelves, the writing was on the wall for Masino, who sat for an interview with podcaster Glenn Beck last November.
I feel like I've been fired by America.
[laughs]
It's hard because, again, uh, all I've wanted to do was help people love this brand.
The responsibility for the 70,000 people who work here, I, I bear that every single day.
Fast-forward to Monday, with the stock down 45% since she took over, but up off of its lows post-rebrand.
Board chair Carl Bergquist thanked Masino for her leadership and commitment, but gave no reason for her departure, and the company declined to discuss executive changes beyond that press release.
So Craig, everybody, including Julie Masino, agreed the rebrand was a major misstep.
But there was a CNN story that caught my eye a few weeks ago called How Cracker Barrel Saved Itself.
They beat top line expectations last quarter, and some analysts said the menu changes were starting to pay off.
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