People: Darden Restaurants Inc (DRI)

DRI on New York Consolidated

64.94USD
17 Apr 2015
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Summary

Name Age Since Current Position

Charles Ledsinger

64 2014 Independent Non-Executive Chairman

Eugene Lee

53 2015 President, Chief Executive Officer, Director

David George

58 2013 President - Olive Garden

Harald Herrmann

48 2014 President - Darden's Specialty Restaurant Group

Valerie Insignares

46 2013 President - LongHorn Steakhouse

Kim Lopdrup

56 2014 Chief Executive Officer - Elect for Red Lobster

Salli Setta

49 2013 President - Red Lobster

Danielle Kirgan

2015 Chief Human Resource Officer

Teresa Sebastian

56 2010 Senior Vice President, General Counsel, Secretary

David Lothrop

53 2012 Senior Vice President, Corporate Controller

Michael Barnes

53 2012 Independent Director

Leonard Berry

71 2001 Independent Director

Christopher Fraleigh

50 2008 Independent Director

Victoria Harker

50 2009 Independent Director

William Lewis

58 2005 Independent Director

Michael Rose

73 1995 Independent Director

Maria Sastre

59 1998 Independent Director

William Simon

55 2012 Independent Director

Biographies

Name Description

Charles Ledsinger

Mr. Charles A. Ledsinger, Jr., is an Independent Non-Executive Chairman of Darden Restaurants Inc. Mr. Ledsinger has been a member of Darden's Board of Directors since 2005 and was appointed as the Company's Independent Lead Director in 2012. Mr. Ledsinger is the former Vice Chairman, President and Chief Executive Officer of Choice Hotels International, one of the largest franchised lodging companies in the world with more than 6,300 hotels open in more than 35 countries and territories, and brands including Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion and Cambria Suites, among others. Under his leadership, Choice established a business model built for growth, profitability and sustainability with a franchise system that is highly regarded as one of the most successful franchising strategies in the industry. Mr. Ledsinger's career includes nearly 20 years at Promus (now Hilton) and its predecessor companies, where he managed the successful separation of Harrah's and Promus in a spin-off to create two publicly traded companies. He also served as president and chief operating officer at St. Joe Company, Florida's largest private landowner and developer of master-planned communities, resorts, and commercial and industrial facilities. Mr. Ledsinger currently serves as Chairman and Managing Director of SunBridge Manager, LLC, an investment management firm. He also serves as Chairman of the boards of directors of Realty Investment Company, Inc., a private operating and investment company, and Sunburst Hospitality Corporation, a private hotel and real estate operator. In addition, Mr. Ledsinger is currently a director of FelCor Lodging Trust Incorporated, and previously served as a director of both Choice and Friendly Ice Cream Corp.

Eugene Lee

Mr. Eugene I. Lee, Jr., has been appointed as President, Chief Executive Officer, Director of Company. He was President, Interim Chief Executive Officer of Darden Restaurants, Inc. Mr. Lee 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. Prior to his appointment as Interim CEO, Mr. Lee served as President and Chief Operating Officer of the Company for one year, and prior to that as President of the Company’s Specialty Restaurant Group (SRG) for six years. Under Mr. Lee’s leadership, SRG grew from 60 to 175 restaurants while delivering annualized sales growth of 17 percent and annual restaurant earnings growth of 26 percent. Mr. Lee joined Darden in 2007 as part of its acquisition of RARE Hospitality International, where Mr. Lee served as President and Chief Operating Officer. Mr. Lee had been with RARE since January 1997, serving initially as Executive Vice President of Operations for its Bugaboo Creek Steakhouse concept. He became Executive Vice President of Operations for RARE’s LongHorn Steakhouse division in October 1997 and was promoted to COO of RARE the following year. In 2001, he was named President of RARE and elected to its Board of Directors. Prior to RARE, Mr. Lee served as Senior Vice President of Operations for Uno Restaurant Corp. and in several management positions for York Steak House Systems. A native of Massachusetts, Mr. Lee earned an MBA from Suffolk University in Boston.

David George

Mr. David C. George is President - Olive Garden of Darden Restaurants Inc., since January 2013. He served as Company's President of LongHorn Steakhouse from October 2007, when Company acquired RARE, until January 2013. Prior to the acquisition, he served as RARE's President of LongHorn Steakhouse from May 2003 until October 2007. From October 2001 until May 2003, he was RARE's Senior Vice President of Operations for LongHorn Steakhouse and from May 2000 until October 2001 was RARE's Vice President of Operations for The Capital Grille.

Harald Herrmann

Mr. Harald E. Herrmann is a President - Darden's Specialty Restaurant Group of DARDEN RESTAURANTS INC., in January 2014. He previously served as our President of Yard House, a brand he helped launch in 1996, since we acquired the company in August 2012. Prior to the acquisition, he served as President of Yard House from May 2002 to January 2014.

Valerie Insignares

Ms. Valerie Insignares is President - LongHorn Steakhouse of Darden Restaurants Inc., since January 2013. She served as Company's Chief Restaurant Operations Officer from March 2011 to January 2013 and Company's Executive Vice President of Olive Garden from October 2004 until March 2011. She joined the Company in January 1997 as Director of Food and Smallwares for the commodities purchasing department and held progressively more responsible positions including Senior Vice President of Operations for Olive Garden's Dallas division prior to becoming Executive Vice President of Olive Garden in 2004.

Kim Lopdrup

Mr. Kim A. Lopdrup is Chief Executive Officer - Elect for Red Lobster of Darden Restaurants Inc. since January 2014. He served as our Senior Vice President, Business Development since June 2011 until January 2014 and our President of Darden's Specialty Restaurant Group from September 2013 to January 2014. He served as our President, Red Lobster from May 2004 until June 2011. He joined us in November 2003 as Executive Vice President of Marketing for Red Lobster. From 2001 until 2002, he served as Executive Vice President and Chief Operating Officer for North American operations of Burger King Corporation, an operator and franchiser of fast food restaurants. From 1985 until 2001, he worked for Allied Domecq Quick Service Restaurants (ADQSR), a franchiser of quick service restaurants including Dunkin' Donuts, Baskin-Robbins and Togo's Eateries, where he held progressively more responsible positions in marketing, strategic and general management roles, eventually serving as Chief Executive Officer of ADQSR International.

Salli Setta

Ms. Salli A. Setta is President - Red Lobster of Darden Restaurants Inc. She served as Company's Executive Vice President of Marketing at Red Lobster from April 2005 to July 2013 and Company's Senior Vice President Culinary & Beverage of Olive Garden from December 2000 until April 2005. She joined the Company in April 1990 as a sales promotion assistant at Olive Garden and held positions of increasing responsibility prior to becoming Vice President Brand Management of Olive Garden in September 1998.

Danielle Kirgan

Ms. Danielle Kirgan is Chief Human Resource Officer of the Company. She has been Senior Vice President, Human Resources, Specialty Restaurant Group and Total Rewards.

Teresa Sebastian

Ms. Teresa Mosley Sebastian is Senior Vice President, General Counsel, Secretary of Darden Restaurants Inc., since October 8, 2010. Prior to joining company, she served as Vice President, General Counsel and Corporate Secretary for Veyance Technologies, Inc., a manufacturer of industrial rubber products and exclusive manufacturer and marketer of Goodyear Engineered Products from May 2008 until September 2010. She also served as Senior Vice President and General Counsel for Information Resources, Inc. from May 2007 to May 2008; Assistant General Counsel and Assistant Corporate Secretary for DTE Energy Company from September 2001 to May 2007, and Senior Corporate Counsel for CMS Energy Corporation from September 1994 to September 2001.

David Lothrop

Mr. David R. Lothrop is Senior Vice President, Corporate Controller of Darden Restaurants Inc. He was Company's Senior Vice President of Finance and Strategy from June 2010 until May 2012. He was Senior Vice President, Finance for Olive Garden from 2006 until June 2010. He joined Darden in 1984 as a corporate accountant. He joined the Olive Garden team in 1986 as a Senior Operations Analyst, and was promoted to Assistant Controller in 1991. After several years in a variety of finance roles at Darden, Red Lobster and Smokey Bones Barbeque & Grill, he was promoted to Senior Vice President, Finance and Controller for Olive Garden in 2006.

Michael Barnes

Mr. Michael W. Barnes is an Independent Director of Darden Restaurants Inc., since June 19, 2012. He has been Chief Executive Officer of Signet Jewelers Limited (Signet), a specialty retail jeweler, since January 2011, before which he was Chief Executive Officer Designate beginning in December 2010. Prior to joining Signet, Mr. Barnes served as President and Chief Operating Officer of Fossil, Inc. (Fossil), a designer and marketer of watches and other accessories, from 2007 to 2010; as President, International and Special Markets from 2000 to 2007; as Executive Vice President from 1995 to 2000; and in various other executive capacities from 1985 until 1995. He was a director of Fossil from 1993 to 2010, and is currently a director of Signet.

Leonard Berry

Dr. Leonard L. Berry, Ph.D., is an Independent Director of Darden Restaurants Inc. He is Presidential Professor for Teaching Excellence, Distinguished Professor of Marketing and M.B. Zale Chair in Retailing and Marketing Leadership, Mays Business School, Texas A&M University, and Professor of Humanities in Medicine, College of Medicine, Texas A&M University. He joined the faculty of Texas A&M University in 1982. Dr. Berry is the Founder of the Center for Retailing Studies at Texas A&M University. During 2001-2002, he was a visiting scientist at the Mayo Clinic where he studied health care service. He is currently a director of Genesco Inc. and Lowe’s Companies, Inc.

Christopher Fraleigh

Mr. Christopher J. Fraleigh is an Independent Director of Darden Restaurants Inc., since November 3, 2008. He has been Chairman and Chief Executive Officer of Shearer's Foods, Inc., a global manufacturer of potato chips and other snack foods, since October 2012. He served as Chief Executive Officer of Sara Lee North America and Executive Vice President of Sara Lee Corporation, a global consumer products company, from November 2007 to September 2011. He served as the Chief Operating Officer of Sara Lee North America from November 2007 to 2008, and as the Chief Executive Officer of Sara Lee Food & Beverage and Senior Vice President of Sara Lee Corporation from January 2005 to November 2007.

Victoria Harker

Ms. Victoria D. Harker is an Independent Director of Darden Restaurants Inc. She has served as Chief Financial Officer of Gannett Co., Inc., an international media and marketing solutions company, since July 2012. She served as the Executive Vice President and Chief Financial Officer of AES Corporation, a global power company with generation and distribution businesses, from January 2006 to May 2012 and as its President, Global Business Services from September 2011 to July 2012. She held the position of Acting Chief Financial Officer, Senior Vice President and Treasurer of MCI, Inc., a telecommunications company, from November 2002 to January 2006. Prior to that, Ms. Harker served as Chief Financial Officer of MCI Group, a unit of WorldCom Inc., from 1998 to 2002. Ms. Harker is currently a director of Xylem Inc. and Huntington Ingalls Industries, Inc.

William Lewis

Mr. William M. Lewis, Jr., is an Independent Director of Darden Restaurants Inc. He has served as a Managing Director and Co-Chairman of Investment Banking for Lazard Ltd, an investment banking firm since April 2004. He held various positions with Morgan Stanley, an investment banking firm, from 1978 to 1980 and from 1982 to April 2004, including Managing Director and Co-Head of the Global Banking Department from 1999 to 2004. Mr. Lewis is currently a trustee of Ariel Investment Trust, and previously was a director of the Federal Home Loan Mortgage Corporation (Freddie Mac).

Michael Rose

Mr. Michael D. Rose is an Independent Director of Darden Restaurants Inc., since 1995. He has been a private investor and Chairman of the Board of Midaro Investments, Inc., a privately held investment firm, since 1998. He served as Chairman of the Board of First Horizon National Corporation, a banking and financial services company, and its subsidiary, First Tennessee Bank National Association, from 2007 until his retirement in January 2012. He served as Chairman of the Board of Gaylord Entertainment Company (Gaylord), a diversified entertainment company, from 2001 to 2005, and as Chairman of the Executive Committee of Gaylord from May 2005 until May 2009. Mr. Rose is currently a director of Ryman Hospitality Properties, Inc., the successor to Gaylord, and General Mills, Inc.

Maria Sastre

Ms. Maria A. Sastre is an Independent Director of Darden Restaurants Inc. She has been President and Chief Operating Officer of Signature Flight Support Corporation (Signature), a fixed based operation and distribution network for business aviation services, since January 2013. She served as Chief Operating Officer of Signature from May 2010 until January 2013. She held the position of President and Chief Executive Officer of Take Stock in Children, a non-profit organization providing scholarships and mentors to Florida's low-income, at-risk children, from January 2009 to May 2010. She served as Vice President of Sales and Marketing, Latin America and Caribbean, for Royal Caribbean International, Celebrity Cruises and Azamara Cruises, all of which were units of Royal Caribbean Cruises, Ltd., a global cruise line company, from January 2007 to September 2008. She held additional Vice President positions with Royal Caribbean International and Celebrity Cruises from 2000 until 2007. Ms. Sastre is currently a director of Publix Super Markets, Inc., and previously was a director of Laidlaw International, Inc.

William Simon

Mr. William S. Simon Jr., serves as an Independent Director of Darden Restaurants Inc. He has served as Executive Vice President of Wal-Mart Stores, Inc., a global retailer, and as President and Chief Executive Officer, Walmart U.S., since July 2010. He served as Executive Vice President and Chief Operating Officer, Walmart U.S. from March 2007 until July 2010 and Executive Vice President, Professional Services from March 2006 to March 2007. Mr. Simon was Senior Vice President of Global Business Development for Brinker International, Inc., a restaurant company, from 2005 to 2006. He served as Secretary of the Florida Department of Management Services from 2003 to 2005.

Basic Compensation

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