Darden Restaurants (DRI) Announces Election of New Board Chair
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +13.0%
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On September 20, 2023, Darden Restaurants' (NYSE: DRI) Board of Directors unanimously elected Cynthia (Cindie) T. Jamison as Chair of the Board, succeeding Eugene (Gene) I. Lee, Jr. who, as previously announced, retired from service as a director of the Company on that date.
"I look forward to the opportunity to continue working with Cindie in her new role as Chair," said Cardenas. "She has been a tremendous steward of our company since joining the Board nine years ago.
"I also want to thank Chuck Sonsteby for his leadership and tireless dedication to the Board, serving as Chair for more than four years, and for the last three years as Lead Independent Director. Finally, I want to thank Gene for his service as Chair and his invaluable leadership at Darden over the last 16 years."
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