CSX ousts CEO after investor pressure and poor performance
CSX replaced CEO Joe Hinrichs with Steve Angel after investor pressure over deteriorating operating performance, aiming to improve operations and shareholder returns.
For one man, the war against Cracker Barrel never really ended | Fortune
Cracker Barrel's $700 million rebrand sparked investor backlash, a $143 million market-value loss, and intensified activist Sardar Biglari's long-running challenge to management.