Sardar Biglari will finally get one of his nominees to the Cracker Barrel board. And Cracker Barrel will not have to fend off its activist investor. The chairman of Biglari Holdings and the family-dining chain announced a cooperation agreement on Wednesday, ending, at least for now, an 11-year feud. As part of the deal, Cracker Barrel agreed to appoint one of Biglari’s nominees, Jody Bilney, to its board of directors. Bilney is a former chief brand officer at Bloomin’ Brands and is currently on the board of the Mexican casual-dining chain Chuy’s...

A Yum Brands shareholder is pushing back against the company’s executive pay packages, citing one-time stock bonuses given to some of the Louisville, Ky.-based brand operator’s top officials. Yum, which owns KFC, Taco Bell, Pizza Hut and Habit Burger, last year gave its top executives, including CEO David Gibbs, one-time awards based on unit count growth at the company...

Dave & Buster’s Entertainment, Inc. appointed a partner of activist investor group Hill Path Capital to its board late last month, according to a Securities and Exchange Commission filing...

Raymond Barbrick didn’t get nearly enough votes for a seat on the family chain’s board, Biglari’s fifth such proxy loss, says RB’s The Bottom Line...

Struggling Potbelly Sandwich Shop has another activist investor potentially ready to pressure the sandwich chain to shift its strategy... 

The two former industry executives were named independent directors in a deal between the company and activist investor Jana Partners...

Biglari's corporate governance practices are a problem. Seriously. His repeated efforts to get on the board at Cracker Barrel wasted a lot of money, ...

In fact, every franchise brand should think about putting a franchisee on its board of directors . Doing so would help companies consider the potential ...