Darden Restaurants (DRI) Tops Q2 EPS by 1c, Revenues Miss
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Darden Restaurants (DRI) Reports Election of CEO Eugene I. Lee as Board Chair; Names Ricardo Cardenas as President/COO and Rajesh Vennam as CFO
December 18, 2020 7:06 AM ESTThe 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... More
Wells Fargo Upgrades Darden Restaurants (DRI) to Overweight
December 17, 2020 6:31 AM ESTWells Fargo upgraded Darden Restaurants (NYSE: DRI) from Equal Weight to Overweight with a price target of $133.00.
For an analyst ratings summary and ratings history on Darden Restaurants click here. For more ratings news on Darden Restaurants click here.
Shares of Darden Restaurants closed at $116.49 yesterday.
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