BNET Industries

Market Cap:$4.6B
Last Fiscal Year Sales:$6.6B
  • Public
  • US
Dow Jones Description

Darden Restaurants, Inc. (NYSE: DRI), the world's largest full-service restaurant company, owns and operates nearly 1,800 restaurants that generate more than $7 billion in annual sales. Headquartered in Orlando, and employing 180,000 people, Darden is recognized for a culture that rewards caring for and responding to people. Our restaurant brands - Red Lobster, Olive Garden, LongHorn Steakhouse, The Capital Grille, Bahama Breeze and Seasons 52 - reflect the rich diversity of those who dine with us. Our brands are built on deep insights into what our guests want.

Vice President International, Latin America
Maria A. Sastre
Number of Employees 179,000
Contact Information

5900 Lake Ellenor Dr

Orlando, Florida 32809

darden.com

(407) 245-4000

NAICS Code Full-Service Restaurants: 722110

Recent Events

  • Darden Shares Should Be on the Menu

    1/09/10 - Bond / Stock Rating - View Story

  • Zacks Industry Outlook Highlights: BJ's Restaurants Inc., Darden Restaurants Inc., Buffalo Wild Wings Inc., McDonald's...

    1/05/10 - Planned Site Openings - View Story

  • Darden Restaurants 2Q profit up, but narrows view

    12/19/09 - Stock Split / Dividend - View Story

  • Darden Restaurants Q2 Profit Rises - Quick Facts

    12/17/09 - Financial Announcement - View Story

  • UBS upgrades Darden, sees hope for restaurants

    12/16/09 - Bond / Stock Rating - View Story

  • Darden customers to create their own seafood feast

    11/16/09 - Board Member - Entering - View Story

  • Deutsche Bank Initiates Coverage on Darden Restaurants DRI with a Hold; Valuation Holds Us on...

    10/27/09 - Bond / Stock Rating - View Story

  • Deutsche Bank Starts Darden DRI at Hold; $30 Price Target

    10/26/09 - Bond / Stock Rating - View Story

  • Zacks Industry Outlook Highlights: BJs Restaurants Inc., Darden

    10/20/09 - Planned Site Openings - View Story

  • Dinner Out On The Cheap

    10/18/09 - Financial Announcement - View Story

  • Darden's Weak Sales Weigh On Other Dining Chains

    9/30/09 - Financial Announcement - View Story

  • Darden Restaurants 4Q Profit Up 21% But FY10 View Disappoints

    6/23/09 - Financial Announcement - View Story

  • Darden to open a Seasons 52 in Tampa

    6/09/09 - Planned Site Openings - View Story

  • Darden Restaurants to Promote HR Executive

    4/17/09 - Mgmt. Change - Entering - View Story

  • Darden's group dynamics.

    4/04/09 - Mgmt. Change Entering - Director - View Story

  • UPDATE:Darden Restaurants 3Q Net Drops 15%, Co Boosts Fiscal Year View

    3/17/09 - Merger / Acquisition - View Story

  • Economy catches up with Darden in latest quarter; but acquisitions propel co. to profit gainORLANDO,...

    3/21/08 - Merger / Acquisition - View Story

  • Darden expects third-quarter earnings to beat expectations

    2/12/08 - Merger / Acquisition - View Story

  • Darden posts lower net earnings, higher sales for fiscal Q2

    12/20/07 - Merger / Acquisition - View Story

  • 2007 Businessman of the Year

    10/18/07 - Merger / Acquisition - View Story

News & Analysis

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Decision Makers

Name (plus bio) Position
Maria A. Sastre Vice President International, Latin America
Connie Mack III Senior Policy Advisor, King & Spalding Llp
David C. George President of Longhorn Steakhouse
Clarence Otis Jr. Chief Executive Officer
Blaine Sweatt III President, New Business, Development
David T. Pickens President, Olive Garden
Eugene I Lee Jr President
Brad Richmond Cfo, Senior Vice President
C. Bradford Richmond Cfo & Senior Vice President
Valerie K. Collins CIO, Controller & Senior Vice President
John Caron Executive Vice President, Marketing, Olive Garden
Mark I. McCallum Executive Vice President, Marketing, Red Lobster
Salli Setta Executive Vice President, Marketing, Red Lobster
Barry B. Moullet Senior Vice President, Supply Chain
Daisy Ng Senior Vice President, Human Resources
Daniel M. Lyons Senior Vice President, Human Resources
G. Thomas Vogel Senior Vice President, Operations, West, Southeast Divisions
Ian Baines President, Smokey Bones & Senior Vice President
James J. Buettgen Senior Vice President, Business Dev
John Hatton Senior Vice President, Marketing, Smokey Bones
Kim A. Lopdrup President, Red Lobster & Senior Vice President
Lauire B Burns Senior Vice President & President, Bahama Breeze
Laurie B. Burns President, Bahama Breeze & Senior Vice President
Mark Censoprano Senior Vice President, Brand Mgmt, Olive Garden
Paula J. Shives Secretary
Richard J. Walsh Senior Vice President, Corp Affairs
Robert McAdam Senior Vice President Gov't & Community Affairs
Ron Bojalad Senior Vice President, Group Human Resources
Stephen Judge President, Seasons 52 & Senior Vice President
Suk Singh Senior Vice President, Dev
A. Stoddard Crane Vice President, Business Growth & Acq
Chip Brown Vice President, Marketing, Bahama Breeze
Gerald Kunde Vice President, Govt Rel
Jim DeSimone Vice President, Media & Comm
Mark Censporano Vice President, Brand Marketing, Olive Garden
Roger Bing Vice President of Seafood Purchasing
Stoddard Crane Vice President, Business Growth & Acq
Christine Hade Director, Brand Marketing, Olive Garden
Donna Dozier Gordon Senior Director, Restaurant Support Services
Kennan Burch Director, Marketing, Red Lobster
Michael Friedman Director, Interactive Marketing
Kevin M. Shaw Manager
Gregory Hales
Nancy Carter Supervisor
Michael D. Rose Director

Board of Directors

Name (plus bio) Position
Victoria D. Harker Board of Directors
Andrew H. Madsen Board of Directors
Odie C. Donald Board of Directors
Charles A. Ledsinger Jr. Board of Directors
Christopher J Fraleigh Board of Directors
Cornelius McGillicuddy, III Board of Directors
Cornelius McGuillicuddy Board of Directors

Organization Position Status
Darden Restaurants, Inc. Vice President International, Latin America Current
Darden Restaurants, Inc. Board of Directors Current
Laidlaw International Inc. Board of Directors Current
Laidlaw International Inc. Resources & Compensation Committee Member Current

Organization Position Status
Liberty Partners, L.P. Partner Current
Liberty Partners, L.P. Senior Policy Advisor Current
Darden Restaurants, Inc. Senior Policy Advisor, King & Spalding Llp Current
King & Spalding LLP Senior Policy Advisor Current
Moody's Corporation Board Director Current
Darden Restaurants, Inc. Board of Directors Current
Mutual, Inc. Director Current
Genzyme Corporation Board of Directors Current
Mutual of America Life Insurance Company Board of Directors Current
EXACT Sciences Corporation Board of Directors Current
National Institutes of Health Member Current
State of Florida.Com United States Senator Former
H. Lee Moffitt Cancer Center & Research Institute, Inc Chairman, Board Former
Genzyme Corporation Nominating, Governance Committee Chairman Former
Genzyme Corporation Board Director Former
University of Florida BS in Business Administration Former

Organization Position Status
Longhorn Steakhouse President Current
Rare Hospitality International, Inc. President, Longhorn Steakhouse Current
Darden Restaurants, Inc. President of Longhorn Steakhouse Current
Longhorn Steakhouse Rare S Senior Vice President of Operations Former
The Capital Grille Vice President, Operations Former
Battleground Restaurant Group Inc. Vice President, Operations Former
Longhorn Steakhouse Vice President, Operations, North Former
Michigan State University Bachelor's Degree In Hotel & Restaurant Management Former

Victoria Harker is Executive Vice President and Chief Financial Officer. Victoria joined AES in January 2006. Prior to AES, Victoria held various senior management positions with MCI, Inc., including Acting Chief Financial Officer, Senior Vice President of Corporate Finance and Treasurer. In addition, she served as Chief Financial Officer of the $15 billion MCI Group, a publicly traded unit of WorldCom Inc., from 1998 to 2000, and oversaw a variety of finance, information technology and operations responsibilities during her fifteen-year tenure at MCI. She also served as a Financial Manager with the Washington, DC law firm Arnold & Porter, LLP. She holds a BA in English and Economics from the University of Virginia and an MBA in Finance from American University (Washington, DC).

Organization Position Status
The AES Corporation Executive Vice President & Chief Financial Officer Current
Darden Restaurants, Inc. Board of Directors Current
McI Group Chief Financial Officer & Treasurer Former
Arnold & Porter Llp Financial Manager Former
American University MBA In Finance Former
University of Virginia BA In English and Economics Former

Mr. Otis is Chairman and Chief Executive Officer of Darden Restaurants, Inc. Previously, he served as the Executive Vice President of Darden Restaurants, Inc., and President of its Smokey Bones Restaurants division, from December 2002 until December 2004. He is a member of the Audit and Nominating and Governance Committees of the Board of Directors.

Organization Position Status
Darden Restaurants, Inc. Chief Executive Officer Current
Darden Restaurants, Inc. Chairman Current
Wrangler Jeans Board of Directors Current
Darden Restaurants, Inc. Executive Vice President Former

Organization Position Status
Darden Restaurants, Inc. President Current
Darden Restaurants, Inc. Board of Directors Current
GMR Restaurants of Pennsylvania, Inc. President & COO Former
Olive Garden President Former
GMRI, Inc. President & Coo Former
Olive Garden Executive Vice President of Marketing Former
Darden Restaurants, Inc. Senior Vice President Former
Darden Restaurants, Inc. Chief Operating Officer Current
James River Corporation Vice President Former
James River Corporation General Manager Former

Organization Position Status
Darden Restaurants, Inc. President, New Business, Development Current
Red Lobster Director, New Restaurant Concept Development Current
Darden Restaurants, Inc. President, New Business Development & Executive Vice President Former
Red Lobster NA Former
Darden Restaurants, Inc. Board of Directors Former

Organization Position Status
Olive Garden Italian Restaurant President Current
Darden Restaurants, Inc. President, Olive Garden Current
Olive Garden President Current
Olive Garden Senior Vice President of Operations Current
Darden Restaurants, Inc. President, Olive Garden & Senior Vice President Current
Red Lobster Senior Vice President of Operations Former
Red Lobster Director of Operations Former
Red Lobster Manager Trainee Former

Organization Position Status
Darden Restaurants, Inc. President Current

Organization Position Status
Darden Restaurants, Inc. President, Odie Current
Darden Restaurants, Inc. Board of Directors Current
Cable Com Inc. Chief Executive Officer Former
The DIRECTV Group, Inc. President Former
BellSouth Corporation President Former
Syniverse Holdings, Inc. Board of Directors Current
The DIRECTV Group, Inc. consultant Former

Organization Position Status
Darden Restaurants, Inc. Cfo, Senior Vice President Current
Strategic Planning, Inc. Senior Vice President Former
Olive Garden Senior Vice President, Finance Former
Olive Garden Controller Former
Red Lobster Controller Former
Casa Gallardo Beverage Analyst Former

Organization Position Status
Darden Restaurants, Inc. Cfo & Senior Vice President Current
Strategic Planning, Inc. Senior Vice President Former
Olive Garden Senior Vice President, Finance Former
Red Lobster Senior Vice President Finance, Strategic Planning Former
Olive Garden Controller Former
Darden Restaurants, Inc. Corporate Controller Former
Red Lobster Controller Former
Casa Gallardo Food and Beverage Analyst Former

Organization Position Status
Darden Restaurants, Inc. CIO, Controller & Senior Vice President Current
Red Lobster Chief Information Officer Former
Red Lobster Senior Vice President, Finance Former
Accounting Systems, Inc. Manager Former
Red Lobster Controller Former

Organization Position Status
Darden Restaurants, Inc. Executive Vice President, Marketing, Olive Garden Current

Organization Position Status
Darden Restaurants, Inc. Executive Vice President, Marketing, Red Lobster Current

Salli Setta Executive Vice President, Red Lobster Marketing Salli Setta is Executive Vice President of Red Lobster Marketing and leads the Brand Marketing, Culinary and Beverage, Consumer Insights and Media and Communications teams for a company of 682 restaurants and $2.58 billion in annual sales. Salli joined Red Lobster in April 2005 after serving as Senior Vice President, Culinary and Beverage at Olive Garden for four years. In that role, she led the technical and creative development of Olive Garden’s award-winning menu and wine list, bringing more approachably authentic Italian dishes and extensive selection of wine to Olive Garden guests. In 2003, her culinary team garnered a MenuMaster’s award for “Best Menu Revamp” from Nation’s Restaurant News. In February 2003, Salli received the honor of Restaurant Business’ “Menu Strategist of the Year” in the casual dining industry. That same month, she was named as one of Nation’s Restaurant News’ “Top 50 R&D Culinarians.” Before that, Salli was Vice President of Brand Marketing, managing all local and national marketing and advertising for Olive Garden. She joined Olive Garden in 1990 as a sales promotion assistant and worked in nearly every marketing capacity at the restaurant company. Salli is a 1987 graduate of the University of Central Florida with a degree in Communication. She earned an MBA from Florida Institute of Technology in 1992. Salli is involved with the Women’s Foodservice Forum and participates in Darden Restaurants’ Mentor Program and Diversity Council. Salli lives in Orlando, Florida with her husband Greg and daughter Juliana. She enjoys spending time with her family, working out and reading.

Organization Position Status
Darden Restaurants, Inc. Executive Vice President, Marketing, Red Lobster Current

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Supply Chain Current
Restaurant Services Inc Purchasing Positions Former
KFC Corporation Purchasing Positions Former
Pillsbury Purchasing Positions Former

Daisy Ng, age 51, has been our Senior Vice President, Human Resources since June 2009. From October 2005 to June 2009, she was our Senior Vice President of Talent Management. Prior to joining us, she was Chief Learning Officer and Vice President, Workforce Development for Hewlett-Packard, a technology company, from November 2003 to October 2005.

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Human Resources Current

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Human Resources Current
Olive Garden Senior Vice President of Personnel Former
Quaker Oats Company Vice President Human Resources Former

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Operations, West, Southeast Divisions Current
Darden Restaurants, Inc. Concept Development Director Former

Organization Position Status
Darden Restaurants, Inc. President, Smokey Bones & Senior Vice President Current

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Business Dev Current
Smokey Bones Barbeque & Grill President Former
Smokey Bones Barbeque & Grill Senior Vice President Former
Brinker International, Inc. Senior Vice President of Marketing and Brand Development Former
Disneyland Resorts Senior Vice President of Marketing and Sales Former
General Mills, Inc. Marketing Positions Former

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Marketing, Smokey Bones Current

Organization Position Status
Red Lobster President Current
Red Lobster Executive Vice President of Marketing Current
Darden Restaurants, Inc. President, Red Lobster & Senior Vice President Current
Boys & Girls Clubs of Central Florida Board Member Current
Wawa, Inc. Director Current
Red Lobster Senior Vice President Former
Allied Domecq Quick Service Restaurants Former

Organization Position Status
Darden Restaurants, Inc. Senior Vice President & President, Bahama Breeze Current

Organization Position Status
Darden Restaurants, Inc. President, Bahama Breeze & Senior Vice President Current
Bahama Breeze President Former
Red Lobster Vice President of Development Former

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Brand Mgmt, Olive Garden Current

Organization Position Status
Darden Restaurants, Inc. General Counsel, Secretary & Senior Vice President Current
Darden Restaurants, Inc. Secretary Current
Darden Restaurants, Inc. General Counsel Former

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Corp Affairs Current
Florida Chamber of Commerce Current
General Mills, Inc. Vice President of Government and Community Relations Former
General Mills, Inc. Manager of Government Affairs Former

Organization Position Status
Wal-Mart Stores, Inc. Senior Vice President, Government & Community Affairs Current
Darden Restaurants, Inc. Senior Vice President Gov't & Community Affairs Current
Fleishman-Hillard Inc. Senior Vice President Former
Wal-Mart Stores, Inc. Vice President, Corporate Affairs Former

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Group Human Resources Current

Organization Position Status
Darden Restaurants, Inc. President, Seasons 52 & Senior Vice President Current

Organization Position Status
Darden Restaurants, Inc. Senior Vice President, Dev Current

Organization Position Status
Darden Restaurants, Inc. Vice President, Business Growth & Acq Current

Organization Position Status
Darden Restaurants, Inc. Vice President, Marketing, Bahama Breeze Current

Organization Position Status
Darden Restaurants, Inc. Vice President, Govt Rel Current

Organization Position Status
Darden Restaurants, Inc. Vice President, Media & Comm Current

Organization Position Status
Darden Restaurants, Inc. Vice President, Brand Marketing, Olive Garden Current

Roger Bing is Vice President of Seafood Purchasing for Darden Restaurants, the world's largest casual dining restaurant company. He is responsible for procuring $850 million in goods from 32 countries worldwide and distributing them to more than 1700 restaurants in the United States and Canada. Bing has been instrumental in bringing together Darden's world-class team of protein suppliers and buyers, who provide all the seafood for the company's six unique brands: Red Lobster, Olive Garden, Longhorn, Bahama Breeze, Seasons 52 and The Capital Grille. He joined Darden in 1998 as Director of Seafood Purchasing and helped develop innovative fresh fish sourcing systems and cost-saving inventory controls. Before joining Darden, Bing spent a good part of his career overseas, particularly in Australia, Asia, Europe and Africa. He started his career as an apprentice in protein production and international trading with Union International in London, a $4 billion global protein production corporation. From there he took on positions of increasing responsibility in protein procurement/distribution and became chief operating officer and general manager of a domestic fresh seafood production and live lobster distribution company in New England. Bing received his Bachelor of Science degree in Animal Science & Natural Science from the University of Wisconsin, Madison. He has held numerous leadership positions with significant industry organizations including the National Fishery Institute, the Global Aquaculture Alliance and the International Groundfish Forum. Bing, his wife, Melissa, and their children, Jacquie and Erik, live in Orlando, Florida. He enjoys travel, running and swimming.

Organization Position Status
Darden Restaurants, Inc. Vice President of Seafood Purchasing Current
Red Lobster Vice President, Seafood Purchasing Current

Organization Position Status
Darden Restaurants, Inc. Vice President, Business Growth & Acq Current

Organization Position Status
Darden Restaurants, Inc. Director, Brand Marketing, Olive Garden Current

Organization Position Status
Darden Restaurants, Inc. Senior Director, Restaurant Support Services Current

Organization Position Status
First Baptist Church of Orlando, Inc. First Vice President Current
Darden Restaurants, Inc. Director, Marketing, Red Lobster Current
Non-Profit Presidents Current
Disney Co Player Former

Organization Position Status
Darden Restaurants, Inc. Director, Interactive Marketing Current

Kevin Shaw i91 HRIM is manager of employment for Smokey Bones, a division of Darden Restaurants, in Orlando, Florida. In this current role, he is responsible for overseeing a team that is charged with staffing both new and existing restaurants, maintaining relationships with hospitality programs at various campuses and increasing the diversity of the chainis management. Prior to joining Smokey Bones, Shaw was employed by Eatin Park Hospitality Group for more than a decade as a restaurant manager, manager of recruitment, director of recruitment and finally director of client development. Shaw received the iVolunteer of the Yeari Award from the Penn State Alumni Association in 2000 and the "Emerging Professional" Award from PSHRS in 2001. He has served as a mentor in the College of Health and Human Development Mentoring Program since 2003. Site Menu: About the College | News and Events | Schools and Departments | Clinics and Research Centers | Faculty and Administration | Current Students | Prospective Students | Careers and Mentoring | Research | Outreach and Continuing Education | Alumni and Friends | Philanthropy | Contact Information | HHD Home | Penn State Home

Organization Position Status
Darden Restaurants, Inc. Manager Current
Pshrs Board of Directors Current

Organization Position Status
Guestbridge, Inc. Manager, Business Development Current
McCann WorldGroup Current
Darden Restaurants, Inc. Current

Nancy Carter, SCRP, GMS, is Supervisor, Relocation for Darden Restaurants Inc. at their corporate headquarters in Orlando, FL where she has been involved with relocation for 29 of her 35 year tenure with the company. Nancy is responsible for administering Darden's relocation program to all the restaurant brands which include Red Lobster, Olive Garden, Bahama Breeze, Longhorn Steakhouse, Capital Grille and Seasons 52 as well as the corporate office. This includes policy development, overseeing service providers and monitoring their performance, inventory management, monthly reporting and reconciliations to the appropriate HR and finance areas. Nancy received her CRP designation in 1996 and earned Worldwide ERC 's Meritorious Service Award in 2004 and the Distinguished Service Award in 2008. She has served on numerous worldwide ERC Committees and joined the board of directors in 2006. She has also earned her GMS designation in 2006.

Organization Position Status
Darden Restaurants, Inc. Supervisor Current

Organization Position Status
Global Hospitality Resources Vice Chairman and Chief Executive Officer Current
Horst Realty Company, LLC Vice Chairman and Chief Executive Officer Current
FelCor Lodging Trust Incorporated Chairman Current
FelCor Lodging Trust Incorporated Director Current
Choice Hotels International, Inc. Vice Chairman Current
University of Richmond Board Member Current
TBC Corporation Director Current
Darden Restaurants, Inc. Board of Directors Current
Choice Hotels International, Inc. Chief Executive Officer Former
Choice Hotels International, Inc. President Former
Harrah's Entertainment, Inc. Cfo Former
St. Joe Company Senior Vice President Former
Harrah's Entertainment, Inc. Senior Vice President Former
Harrah's Entertainment, Inc. Officer Former
St. Joe Company Officer Former
Choice Hotels International, Inc. Board Member Former
Global Hospitality Resources Board of Directors Former
University of Memphis Masters of Business Administration Former
University of Virginia Bachelor's Degree Former

Organization Position Status
Darden Restaurants, Inc. Board of Directors Current

Organization Position Status
Darden Restaurants, Inc. Board of Directors Current

Organization Position Status
Darden Restaurants, Inc. Board of Directors Current

Organization Position Status
Hampton Inn Operator Current
Homewood Suites Operator Current
Hampton Inn & Suites Operator Current
Promus Hotel Corporation Chairman Current
Gaylord Entertainment Company Chairman Current
Gen Mills, Inc. Director Current
Darden Restaurants, Inc. Director Current
University of Memphis Board of Directors Current
Gaylord Entertainment Company Board of Directors Current
FelCor Lodging Trust Incorporated Board of Directors Current
First Horizon National Corporation Board of Directors Current
Council Ventures, LP Board of Directors Current
First Horizon National Corporation Member of Credit Policy & Executive Committee Current
Holiday Inns President Former
Holiday Inns Attorney Former
Darden Restaurants, Inc. Chairman of The, Executive Committee, Gaylord Entertainment Former
Harrah's Entertainment, Inc. Chairman Former
First Horizon National Corporation Chairman Former
Stein Mart, Inc. Board of Directors Former
Harvard Law School Law Degree Former
University of Cincinnati Bachelor's Degree In Business Former
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     DRI $43.49 0.00 (0.00% )
Average Volume 2,108,470
Shares Outstanding 139.83M
Market Cap 6.1B
Year High 43.98
Year Low 29.94
Earnings Per Share 2.75
P/E Ratio 15.81
Dividend 1.00
Yield 2.30
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