Darden Restaurants Management
Management criteria checks 3/4
Darden Restaurants' CEO is Rick Cardenas, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is $8.50M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth $7.61M. The average tenure of the management team and the board of directors is 8.6 years and 9.6 years respectively.
Key information
Rick Cardenas
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 8.6yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
Darden Restaurants, Inc.'s (NYSE:DRI) P/E Still Appears To Be Reasonable
Apr 28
Darden Restaurants: Staying On The Sidelines Until More Positive SSS Performance
Apr 21Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?
Apr 16Darden Restaurants: Still Not Tasty Enough, But Earnings Might Change That
Mar 19Should You Be Adding Darden Restaurants (NYSE:DRI) To Your Watchlist Today?
Mar 04Estimating The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Feb 21Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?
Feb 09Some Confidence Is Lacking In Darden Restaurants, Inc.'s (NYSE:DRI) P/E
Jan 16Is It Too Late To Consider Buying Darden Restaurants, Inc. (NYSE:DRI)?
Dec 16Darden: Locking In Rapid-Return Gains, Stock Fairly Valued
Dec 15Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital
Dec 04Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?
Nov 10Darden Remains Solid, But Isn't Immune To Industry Trends
Oct 24Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 27% Below Their Intrinsic Value Estimate
Oct 16Here's Why Darden Restaurants (NYSE:DRI) Has Caught The Eye Of Investors
Oct 04Darden: Stable SSS Over The Next Few Quarters Should Drive Multiples Reversion To Mean
Oct 03Darden Restaurants: Another Trade Following Fiscal Q1 Earnings
Sep 21What Does Darden Restaurants, Inc.'s (NYSE:DRI) Share Price Indicate?
Sep 06Darden Restaurants: Increased Consumer Dining Spend
Sep 01Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital
Aug 21These 4 Measures Indicate That Darden Restaurants (NYSE:DRI) Is Using Debt Reasonably Well
Aug 07A Look At The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Jul 09Darden Restaurants (NYSE:DRI) Has Announced That It Will Be Increasing Its Dividend To $1.31
Jun 25Darden Restaurants: A Drop In Share Prices Sets Up A Trade
Jun 22At US$164, Is It Time To Put Darden Restaurants, Inc. (NYSE:DRI) On Your Watch List?
Jun 05Darden Restaurants: Relatively Weak Financials To Get Better With Acquisition
Jun 05The Returns At Darden Restaurants (NYSE:DRI) Aren't Growing
May 22We Think Darden Restaurants (NYSE:DRI) Can Stay On Top Of Its Debt
May 08Calculating The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Apr 10When Should You Buy Darden Restaurants, Inc. (NYSE:DRI)?
Feb 28Darden Has Performed Well, But Weakening Consumer Spending Could Spell Trouble
Feb 24Darden Restaurants (NYSE:DRI) Will Want To Turn Around Its Return Trends
Feb 13These 4 Measures Indicate That Darden Restaurants (NYSE:DRI) Is Using Debt Reasonably Well
Jan 27A Look At The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Jan 02Darden Restaurants FQ2 2023 Earnings Preview
Dec 15Do Darden Restaurants' (NYSE:DRI) Earnings Warrant Your Attention?
Nov 09Is Now The Time To Look At Buying Darden Restaurants, Inc. (NYSE:DRI)?
Oct 28Darden Restaurants (NYSE:DRI) Seems To Use Debt Rather Sparingly
Oct 13Darden Restaurants: Valuation Starting To Improve
Oct 03Return Trends At Darden Restaurants (NYSE:DRI) Aren't Appealing
Sep 19Darden Restaurants: Established Multi-Brand Restaurant Group Poised For Additional Growth
Sep 16Here's Why We Think Darden Restaurants (NYSE:DRI) Is Well Worth Watching
Aug 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 25 2024 | n/a | n/a | US$1b |
| Nov 26 2023 | n/a | n/a | US$1b |
| Aug 27 2023 | n/a | n/a | US$985m |
| May 28 2023 | US$9m | US$1m | US$984m |
| Feb 26 2023 | n/a | n/a | US$950m |
| Nov 27 2022 | n/a | n/a | US$911m |
| Aug 28 2022 | n/a | n/a | US$917m |
| May 29 2022 | US$5m | US$796k | US$955m |
| Feb 27 2022 | n/a | n/a | US$1b |
| Nov 28 2021 | n/a | n/a | US$923m |
| Aug 29 2021 | n/a | n/a | US$827m |
| May 30 2021 | US$4m | US$745k | US$632m |
| Feb 28 2021 | n/a | n/a | -US$216m |
| Nov 29 2020 | n/a | n/a | -US$112m |
| Aug 30 2020 | n/a | n/a | -US$184m |
| May 31 2020 | US$3m | US$686k | -US$49m |
| Feb 23 2020 | n/a | n/a | US$639m |
| Nov 24 2019 | n/a | n/a | US$631m |
| Aug 25 2019 | n/a | n/a | US$722m |
| May 26 2019 | US$3m | US$687k | US$719m |
| Feb 24 2019 | n/a | n/a | US$685m |
| Nov 25 2018 | n/a | n/a | US$679m |
| Aug 26 2018 | n/a | n/a | US$651m |
| May 27 2018 | US$3m | US$614k | US$604m |
| Feb 25 2018 | n/a | n/a | US$554m |
| Nov 26 2017 | n/a | n/a | US$502m |
| Aug 27 2017 | n/a | n/a | US$493m |
| May 28 2017 | US$3m | US$560k | US$483m |
Compensation vs Market: Rick's total compensation ($USD8.50M) is below average for companies of similar size in the US market ($USD13.62M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% in the past year.
CEO
Rick Cardenas (55 yo)
3.3yrs
Tenure
US$8,500,029
Compensation
Mr. Ricardo Cardenas, also known as Rick, serves as President at Darden Restaurants, Inc. since January 4, 2021 and its Chief Executive Officer and Director since May 30, 2022 and served as its Chief Opera...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.3yrs | US$8.50m | 0.043% $ 7.6m | |
| Senior VP & CFO | 3.3yrs | US$3.36m | 0.0050% $ 880.7k | |
| President of Specialty Restaurant Group | 20.3yrs | US$3.17m | 0.012% $ 2.1m | |
| President of Longhorn Steakhouse | 8.8yrs | US$3.03m | 0.039% $ 6.8m | |
| President of Olive Garden | 6.3yrs | US$3.27m | 0.018% $ 3.2m | |
| Managing Partner | no data | no data | no data | |
| Managing Partner | no data | no data | no data | |
| Managing Partner | no data | no data | no data | |
| Senior VP & Chief Information Officer | 8.1yrs | no data | no data | |
| Vice President of Investor Relations & Corporate Analysis | 9.4yrs | no data | no data | |
| Senior VP | 8.6yrs | US$1.71m | 0.016% $ 2.8m | |
| Senior VP and Chief Communications & Public Affairs Officer | 8.8yrs | no data | 0.0054% $ 954.8k |
8.6yrs
Average Tenure
60yo
Average Age
Experienced Management: DRI's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2yrs | US$8.50m | 0.043% $ 7.6m | |
| Independent Director | 9.6yrs | US$276.81k | 0.0018% $ 312.4k | |
| Independent Director | 10.3yrs | US$290.76k | 0.020% $ 3.6m | |
| Independent Director | 7.5yrs | US$286.55k | 0.000010% $ 1.8k | |
| Independent Director | 10.3yrs | US$352.37k | 0.021% $ 3.8m | |
| Independent Chair of the Board | 10.3yrs | US$307.68k | 0.0058% $ 1.0m | |
| Independent Director | 5.7yrs | US$275.03k | 0.023% $ 4.0m | |
| Independent Director | 2.2yrs | US$281.75k | 0.0016% $ 284.1k | |
| Independent Director | 9.6yrs | US$296.55k | 0.0053% $ 928.3k |
9.6yrs
Average Tenure
64yo
Average Age
Experienced Board: DRI's board of directors are considered experienced (9.6 years average tenure).