Lebanon-based Cracker Barrel is defending its incoming board chair against allegations that he lied about his qualifications.
At issue is whether James Bradford was CEO of a company that traded on the New York Stock Exchange, a claim that was made in Cracker Barrel’s corporate communications. Stockholder Sardar Biglari jumped on the comment, pointing out that the company in question, AFG Industries, wasn’t on the exchange during Bradford’s time in the top office. Biglari is trying to put himself on the board, in part by arguing that Cracker Barrel’s leadership is lacking.
Company officials responded with a statement calling Biglari’s argument “contentious rhetoric.” The statement confirms that AFG went private immediately before Bradford became CEO, but points out that it had been on the stock market before, and that Bradford was a high-ranking official when it was. The statement goes on to say Bradford never lied about his resume.
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