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Darden Restaurants Announces Upcoming CEO Transition

/PRNewswire/ Darden Restaurants, Inc. (NYSE:DRI) announced today that Eugene (Gene) I. Lee, Jr., Chairman and Chief Executive Officer, will retire as CEO. ....

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Darden Restaurants Announces Upcoming CEO Transition

/PRNewswire/ Darden Restaurants, Inc. (NYSE:DRI) announced today that Eugene (Gene) I. Lee, Jr., Chairman and Chief Executive Officer, will retire as CEO. ....

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Darden Restaurants Announces Upcoming CEO Transition

Darden Restaurants Announces Upcoming CEO Transition
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Darden Restaurants : Board of Directors Elects CEO Eugene I. Lee, Jr. as Chair; Names Ricardo Cardenas as President and Chief Operating Officer; Rajesh Vennam Named Chief Financial Officer

Darden Restaurants : Board of Directors Elects CEO Eugene I. Lee, Jr. as Chair; Names Ricardo Cardenas as President and Chief Operating Officer; Rajesh Vennam Named Chief Financial Officer
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Darden Board of Directors Elects CEO Eugene I. Lee, Jr. as Chair; Darden Names Ricardo Cardenas as President and Chief Operating Officer; Rajesh Vennam Named Chief Financial Officer

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ORLANDO, Fla., Dec. 18, 2020 /PRNewswire/ The Darden Restaurants, Inc. (NYSE:DRI) Board of Directors has elected Chief Executive Officer Eugene (Gene) I. Lee, Jr. as Chairman of the Board, succeeding Charles (Chuck) M. Sonsteby, effective January 4, 2021. Mr. Sonsteby will become the Board s Lead Independent Director.
At a time of unprecedented change in our industry, the Board concluded that it is in the best interests of the Company to combine the roles of Chairman and CEO in order to drive the most efficient execution of its long-term strategy, said Sonsteby. Gene is an extraordinary leader with a passion for our business and team members resulting from decades of restaurant operating experience and successful executive leadership. He has delivered significant value for shareholders and we believe this is the right time for him to assume this role. ....

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