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Podcast: Business Pants
Episode: Cracker Barrel’s racist investors, no more shareholder proposals, and trigger headlines
Description: Story of the Week (DR):Cracker Barrel Investors Back CEO After Logo Fiasco, But Drop Director MMShareholders vote to oust board member Gilbert Dávila; director and CEO had been activist targetsDávila has resigned from the board, Cracker Barrel said.US regulator will permit companies to exclude shareholder proposals from proxiesSecurities and Exchange Commission could reshape corporate governance by making it harder for investors to seek changesThe US Securities and Exchange Commission on Monday said it would allow companies to exclude shareholder pr...