Darden Restaurants (DRI) Reports Election of CEO Eugene I. Lee as Board Chair; Names Ricardo Cardenas as President/COO and Rajesh Vennam as CFO

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Go back to Darden Restaurants (DRI) Reports Election of CEO Eugene I. Lee as Board Chair; Names Ricardo Cardenas as President/COO and Rajesh Vennam as CFO

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

December 18, 2020 7:01 AM EST

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... More