Ceo darden restaurants

Ceo darden restaurants. "Through our ongoing partnership with 1 day ago · In a recent transaction, Ricardo Cardenas, President and CEO of Darden Restaurants Inc. (born April 11, 1956, in Vicksburg, Mississippi , United States) is an American businessman and former CEO and chairman of Darden Restaurants . Lee, Jr. 18, 2020 /PRNewswire/ -- The Darden Restaurants, Inc. — Ricardo (Rick) Cardenas has been named chief executive officer of Darden Restaurants, Inc. John Martin is President of Darden Restaurants’ Specialty Restaurant Group, which includes two fine dining brands – The Capital Grille and Eddie V’s – as well as Seasons 52, Bahama Breeze and Yard House. Levin has stepped down, and that board member and former Darden’s Restaurants’ Chief Financial Officer C. The company’s shares Dec 17, 2021 · CEO Eugene I. Sonsteby will become the Board's Lead Independent Director. , who will retire as CEO on John, who is also a member of Darden Restaurants’ Executive Team, leads a company with more than 180 restaurants, nearly 16,000 team members and $700 million in annual sales. as Chairman of the Board, succeeding Charles Sonsteby, effective January 4, 2021. Senior Director, Brand Operations, Eddie V's. -based restaurant operator that owns multiple brands with the result that the number of its restaurants are in the four digits. A 35-year veteran of the company, who began his career with Darden as a busser, Rick was unanimously elected by Darden's Board of Directors in December 2021 to become the company's fourth CEO. (NYSE: DRI), sold a significant number of shares in the company. in February 2015 after serving as Interim CEO since October 2014. is the CEO of Darden Restaurants. Darden owns and operates more than 1,800 Olive Garden, Jul 12, 2022 · Rick Cardenas became the CEO of Olive Garden-owner Darden Restaurants at the end of May, taking the helm amid a wide range of challenges for restaurants. Under the terms of the merger agreement, Darden will acquire all of the outstanding shares of Chuy's for $37. ("Darden") (NYSE:DRI) and Chuy's Holdings, Inc. For employment-related questions or concerns, contact Employee Relations at 800-932-2558. 25, 2024 /PRNewswire/ -- For the fourth consecutive year, Darden Restaurants is partnering with Feeding America® to ensure food reaches people facing hunger. (NYSE:DRI) today reported its financial results for the third quarter ended February 25, 2024. Foundation and support from Penske Truck Leasing, 26-foot refrigerated trucks are being donated to 10 additional Feeding America member food banks. According to our data, Darden Restaurants, Inc. Mar 31, 2024 · Darden Restaurants, Inc. Jul 3, 2019 · Eugene Lee Jr. has a market capitalization of US$13b, and paid its CEO total annual Aug 25, 2024 · Darden Restaurants, Inc. In August 2006, when the company generated $245 million in revenue from 55 restaurants in 15 states, Oak Investment Partners and L Catterton Partners jointly purchased Cheddar's. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 26, 2024. Dec 18, 2020 · The Darden Restaurants, Inc. Through a $2 million grant from the Darden Restaurants, Inc. Sonsteby, effective January 4, 2021. He will succeed Eugene I. , Chairman and Chief Executive Officer, will retire as CEO effective May 29, 2022. Third Quarter 2024 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 6. "Through our ongoing partnership with Dec 18, 2020 · ORLANDO, Fla. Dec 17, 2021 · ORLANDO, Fla. Cardenas, who has been with the Orlando Jul 17, 2024 · Like Darden, Chuy’s owns and operates all of its restaurants. Lee began his career with the company in 1967 as a member of Red Lobster's founding team along with Bill Darden, who would eventually found Darden Chris joined Darden from Caesars Entertainment in Las Vegas where he served as Corporate Vice President, Innovation and Information Technology Strategy. He will step down on May 29, 2022, and will be replaced by President and COO Rick Cardenas, who was elected by the board in a unanimous vote. Dec 17, 2021 · Olive Garden parent company Darden Restaurants Inc. First Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 1. Find biographies and pictures of the Darden executive leadership team. , Chairman and Chief Executive Officer, will retire as CEO Darden Restaurants Announces Dec 17, 2021 · Cardenas, 53, has worked in restaurants—and for Darden—nearly nonstop since he was 16, when he got his first job: busser at Red Lobster, the seafood concept co-founded by Bill Darden. 50 per share, in an all-cash transaction with an enterprise value of approximately $605 million. Jul 18, 2024 · In a press release issued by Darden Restaurants, Chuy's CEO and president, Steven Hislop, said, "Darden shares many of our same core values, particularly our operating philosophy and strong team Darden Restaurants is the premier full-service dining company, operating over 1,800 locations. , (NYSE: DRI) plans to release its fiscal 2024 third quarter financial results before the market opens on Thursday, March 21, 2024, with a conference call to follow at 8:30 am ET. May 26, 2024 · Darden Restaurants, Inc. 1 day ago · In a recent transaction, Ricardo Cardenas, President and CEO of Darden Restaurants Inc. About Us Dec 18, 2020 · (RTTNews) - Darden Restaurants Inc. Darden Restaurants, Inc. [8] Jun 20, 2024 · Dividend Declared Darden's Board of Directors declared a quarterly cash dividend of $1. [6] [7] In August 2007, the company recruited Kelly Baltes from Darden Restaurants to serve as CEO. 1)% Same-restaurant sales Rick Cardenas became President and Chief Executive Officer of Darden Restaurants on May 30, 2022. (DRI) said it has elected Chief Executive Officer Eugene Lee, Jr. CEO at Darden Restaurants · Experience: Darden Restaurants · Location: Anaheim. Sep 26, 2020 · Comparing Darden Restaurants, Inc. announced Friday the retirement of CEO Gene Lee, who will transition out of his role on May 29, 2022. (NYSE: DRI) today reported its financial results for the first quarter ended August 25, 2024. 's CEO Compensation With the industry. (NYSE:DRI) announced today that Eugene (Gene) I. It also owns Ruth’s Chris Jul 18, 2024 · Darden Restaurants, the owner of restaurants such as Olive Garden and LongHorn Steakhouse, has acquired Tex-Mex chain Chuy's for $605 million. For benefits-related questions, contact the Total Rewards Service Center at 888-374-3343. (NYSE: DRI) today announced that its Board of Directors has appointed current Interim Chief Executive Officer Eugene I. There, he founded and led the innovation team that was focused on developing, piloting, and implementing new technologies and business solutions across 50 casino properties worldwide. Darden Offers New Program to Help Team Members Who Want to Learn English Cheddar’s Cynthia Payne Named 2022 Change Maker Meet The Capital Grille’s New Executive Chef Partners Darden Named One of the Best Places to Work for LGBTQ+ Equality A Message from Gene Lee To All Team Members Aug 28, 2024 · BJ’s Restaurants said its chief executive Gregory S. Otis was named the 11th most powerful person in Central Florida by the Orlando Sentinel in 2010. 8 billion, driven by sales from 42 net new restaurants, partially offset by a blended same-restaurant sales* decrease of (1. BB #:111525 announced today that Eugene (Gene) I. Gene brings more than 30 years of restaurant operating experience to the role, which ranges from early stage high-growth concepts to large high-volume chains. A member of Darden’s Executive Team, John has served as President of The Capital Grille since 2004, President of Eddie V’s since Dec 17, 2021 · Dec 17 (Reuters) - Darden Restaurants Inc , opens new tab said on Friday Chief Executive Officer Eugene Lee Jr. Prior to that, Lee was president and CEO of General Mills Restaurants. 2 million. 00. Cardenas worked at the Orlando restaurant throughout his time at the University of Central Florida, using his earnings to pay his tuition as the first person Dan, who is also a member of Darden Restaurants’ Executive Team, leads a company with more than 900 restaurants, 100,000 team members and more than $4. The company has 154 locations worldwide, including 80 company-owned or -operated restaurants and 74 franchised restaurants. , the owner of Olive Garden, LongHorn Steakhouse and other chains, will retire in May and be replaced by the company’s president and Dec 15, 2023 · ORLANDO, Fla. For the full fiscal year, Darden guided for net sales in the range between $11. Lee, 60, will continue to serve on Darden's Board of Directors as Executive Chairman until the 2022 Annual Meeting of Shareholders. as Chairman of the Board, succeeding Charles (Chuck) M. Chuy's board of directors unanimously Raj began his career at Darden in 2003 as a Sr. , on May 29, 1995. 40 per share on the Company's outstanding common stock, a 6. John has demonstrated strong leadership with a track record of success throughout his 30-year career with Darden. Media. Todd, who is also a member of Darden Restaurants’ Executive Team, leads a company with more than 550 restaurants, 35,000 team members and $2. (NYSE:DRI) Board of Directors has elected Chief Executive Officer Eugene (Gene) I. 8 billion and $11. His impact on Darden and the restaurant DARDEN RESTAURANTS INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Jul 19, 2024 · CEO teases expanded footprint after Darden Restaurants deal In an SEC filing, Steve Hislop said the sale to Olive Garden’s parent company would allow the Tex-Mex chain to grow beyond its current Jun 22, 2023 · Darden Chief Executive Officer, Rick Cardenas, stated, "Gene is an extraordinary leader and has been a source of support and counsel during this past year. The executive parted with a total of 42,403 CEO, Darden Restaurants Clarence Otis Jr. 1. 9 billion, with Nov 18, 2022 · Gene Lee was named President and Chief Executive Officer of Darden Restaurants, Inc. ("Chuy's") (Nasdaq: CHUY), jointly announced today that they have entered into a definitive agreement pursuant to which Darden will acquire all of the outstanding shares of Chuy's for $37. , Dec. 0 billion driven by sales from the addition of 80 company-owned Ruth's Chris Steak House (Ruth's Chris) restaurants and 37 other net new restaurants Same-restaurant sales: Consolidated Dec 17, 2021 · ORLANDO, FLA. Rick Cardenas 1 day ago · "Darden is uniquely positioned to make a meaningful impact in the movement to end hunger," said Rick Cardenas, President and CEO of Darden Restaurants. as Chief Executive Officer and director Dec 20, 2021 · Darden Restaurants, Inc. 0% to $2. Fourth Quarter 2024 Financial Highlights Total sales increased 6. Sep 6, 2024 · Rick Cardenas became President and Chief Executive Officer of Darden Restaurants on May 30, 2022. In December 1994, he had been named President and CEO of General Mills Restaurants, Inc. Dec 19, 2021 · ORLANDO — The CEO of Orlando-based Darden Restaurants Inc. The original Chris Steak House was opened on New Orleans’ Broad Street in 1927, and it was acquired by Ruth Fertel in 1965. Jul 17, 2024 · Summary of the Transaction. A 35-year veteran of the company, who began his career with Darden as a busser, Rick was unanimously elected by Darden’s Board of Directors in December 2021 to become the company’s fourth CEO. to Retire; Board Elects Ricardo Cardenas as Successor; Lee to Continue as Executive Chairman Darden Restaurants, Inc. For those who cannot listen to the live broadcast, a replay will Feb 23, 2015 · Gene Lee Appointed CEO by Unanimous Vote of Board Gene Lee Has Been Operating as Interim CEO Brings 30-Plus Years of Restaurant Operating Experience Gene Lee Appointed to Darden's Board of Directors Darden Restaurants, Inc. , effective May 30, 2022. DARDEN RESTAURANTS INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Darden President and CEO Rick Cardenas said Chuy’s is a differentiated brand with strong growth potential that will expand Darden’s dining options. Rick Cardenas became President and Chief Executive Officer of Darden Restaurants on May 30, 2022. 9% increase from third quarter fiscal 2024. Dec 17, 2021 · Gene Lee, the CEO of Olive Garden owner Darden Restaurants, is retiring after seven years atop the company, Darden announced Friday. Juliana Chugg Retired Executive Vice President, Global Chief Brands Officer of Mattel Inc. He went on to work as a Sr. Lee Jr. Known for its passion for grilling fresh, tender, juicy steaks – including the signature Flo’s Filet and the Outlaw Ribeye – LongHorn welcomes guests with a warm Dec 17, 2021 · Gene Lee, who successfully led Orlando-based Darden Restaurants through the COVID-19 pandemic and the aftermath of an activist investor revolt, plans to retire as CEO in May. Feb 21, 2024 · Darden Restaurants, Inc. Dec 17, 2021 · The Board has unanimously elected Ricardo (Rick) Cardenas, 53, Darden's current President and Chief Operating Officer, as Chief Executive Officer, as well as a member of the Board effective May 30, 2022. LEE was named Chairman and CEO of Darden Restaurants, Inc. 8% to $3. 17, 2021 /PRNewswire/ — Darden Restaurants, Inc. A 34-year veteran of the company, who began his career with Darden as a busser, Rick was unanimously elected by Darden’s Board of Directors in December 2021 to become the company’s fourth CEO. Bradford Richmond has taken Feb 25, 2024 · Darden Restaurants, Inc. "At a time of unprecedented change in our industry, the Board concluded that it is in the best interests of the President & Chief Executive Officer of Darden Restaurants, Inc. Prior to his current role, Dan served as Executive Vice President of Operations for Olive Garden for more than six years. Rick Cardenas, CEO, and other senior management will discuss third quarter results and conduct a question and answer session. Lee, Jr 1 day ago · Despite a challenging quarter, Darden reaffirmed its fiscal 2025-year guidance. announced that Eugene (Gene) I. Learn about our company, buy gift cards, search careers and more. 5 billion in annual sales. The executive parted with a total of 42,403 shares of common stock, which fetched a combined value exceeding $7. View John Darden’s profile on LinkedIn, a professional community of 1 billion members. 0 billion, driven by sales from the addition of 79 company-owned Ruth's Chris Steak House (Ruth's Chris) restaurants and 53 other net new restaurants Feb 27, 2002 · JOE R. Mr. Second Quarter 2024 Financial Jun 21, 2024 · Fast food is no longer cheap, and fast-casual chains are benefiting from it. , a worldwide leader in the design, manufacture and marketing of toys and family products. Has Experience in Marketing Current and Former Team Members. Lee, 60, will continue to serve on Darden's Board of Directors as Executive Chairman until the 2022 Annual Meeting For the fourth consecutive year, Darden Restaurants is partnering with Feeding America to ensure food reaches people facing hunger. Darden owns and operates more than 1,900 Olive 9 hours ago · In a report released yesterday, Jake Bartlett from Truist Financial maintained a Buy rating on Darden Restaurants (DRI – Research Report), with a price target of $195. Read more. would retire in May and be replaced by Ricardo Cardenas, its chief operating officer. Through a $2 He was named to the company's top spot on May 29, 1995, when Darden Restaurants split from General Mills Restaurants, Inc. Financial Analyst in Investment Analysis, Olive Garden Marketing Analysis, and Treasury; and eventually as a Manager of Treasury prior to being promoted to Director of Financial Planning & Analysis for LongHorn in 2010. CEO and President of Chuy's, in the news release Rick Cardenas became President and Chief Executive Officer of Darden Restaurants on May 30, 2022. Darden Restaurants: A Leader in the Full-Service Restaurant Industry 22 hours ago · ORLANDO, Fla. 50 per share in cash. S. (NYSE:DRI) today reported its financial results for the second quarter ended November 26, 2023. 15, 2023 /PRNewswire/ -- Darden Restaurants, Inc. [1] As of May 2023, the firm owns three fine dining restaurant chains: Ruth’s Chris Steak House, Eddie V's and The Capital Grille; and seven casual dining restaurant chains: Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Burger, Yard House Dec 17, 2021 · /PRNewswire/ -- Darden Restaurants, Inc. Darden, based in Orlando, Florida, operates more than 1,900 restaurants and has 190,000 employees. May 3, 2023 · The Ruth’s Chris Steak House chain is being acquired by Darden Restaurants for about $715 million. Darden is the parent company of several casual-dining chains, including Olive Garden Corporate Initiatives. , with the announcement . Jun 21, 2024 · Rick Cardenas, the CEO of Darden Restaurants, said as much during a quarterly earnings call on Thursday. For those who haven’t heard of it, Darden Restaurants is a U. Business Analyst for Market Development. Rick Cardenas, CEO of Darden Restaurants—which owns Olive Garden, Longhorn Steakhouse, Bahama Breeze, and Ruth’s 22 hours ago · "Darden is uniquely positioned to make a meaningful impact in the movement to end hunger," said Rick Cardenas, President and CEO of Darden Restaurants. Rick Cardenas became President and Chief Executive Officer of Darden Restaurants on May 30, 2022. is an American multi-brand restaurant operator headquartered in Orlando, Florida. , Sept. Here are 10 things you don’t know about this wildly successful CEO. xymnyp vfi kzgdbrl uqlvnc lazoq psfv qbqyh jllofs lap fyrfw