Leadership
Shake Shack CFO Katie Fogertey is stepping down
The fast-casual burger chain will search for a replacement as Fogertey moves to an advisory role, working with a newly created Office of the CFO.
Financing
Cracker Barrel board member ousted following activist pressure
Gilbert Dávila stepped down after losing a shareholder vote Thursday. It was a win for investor Sardar Biglari’s latest fight against the family-dining chain, but shareholders rebuffed him on other issues, including re-electing CEO Julie Masino.