Darden Restaurants Management
Management criteria checks 3/4
Darden Restaurants' CEO is Rick Cardenas, appointed in Jan 2021, has a tenure of 2.67 years. total yearly compensation is $12.00M, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth $11.51M. The average tenure of the management team and the board of directors is 7.4 years and 10.3 years respectively.
Key information
Rick Cardenas
Chief executive officer
US$12.0m
Total compensation
| CEO salary percentage | 9.0% |
| CEO tenure | 4yrs |
| CEO ownership | 0.05% |
| Management average tenure | 7.4yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Darden: Terrible Price For Slower Comparable Sales Trends And Inflation Risks
Jan 21Is Darden Restaurants (NYSE:DRI) A Risky Investment?
Jan 20
Investor Optimism Abounds Darden Restaurants, Inc. (NYSE:DRI) But Growth Is Lacking
Jan 07Darden Restaurants: Solid Q2 Results Reflected In Valuation (Downgrade)
Dec 19Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles
Nov 27A Look At The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Nov 18Darden Restaurants (NYSE:DRI) Might Have The Makings Of A Multi-Bagger
Nov 06Darden Restaurants (NYSE:DRI) Ticks All The Boxes When It Comes To Earnings Growth
Oct 25Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly
Oct 13Darden Restaurants: Partnership With Uber Could Bring Incremental Sales
Sep 25Darden Restaurants: Olive Garden May Surprise Positively
Sep 16Most Shareholders Will Probably Find That The CEO Compensation For Darden Restaurants, Inc. (NYSE:DRI) Is Reasonable
Sep 12Shareholders Should Be Pleased With Darden Restaurants, Inc.'s (NYSE:DRI) Price
Sep 03Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?
Aug 20Darden Restaurants: Rating Downgrade As Near-Term Demand Outlook Is Not Looking Good
Jul 17Darden Restaurants (NYSE:DRI) Is Increasing Its Dividend To $1.40
Jun 26Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 21% Below Their Intrinsic Value Estimate
Jun 17Darden's Earnings Preview: Comparing LongHorn Steakhouse Vs. Texas Roadhouse
Jun 14Darden Restaurants (NYSE:DRI) May Have Issues Allocating Its Capital
May 24Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly
May 12Darden Restaurants, Inc.'s (NYSE:DRI) P/E Still Appears To Be Reasonable
Apr 28Darden 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 09Darden: Locking In Rapid-Return Gains, Stock Fairly Valued
Dec 15Darden Remains Solid, But Isn't Immune To Industry Trends
Oct 24Darden: Stable SSS Over The Next Few Quarters Should Drive Multiples Reversion To Mean
Oct 03Darden Restaurants: Another Trade Following Fiscal Q1 Earnings
Sep 21Darden Restaurants: Increased Consumer Dining Spend
Sep 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 24 2024 | n/a | n/a | US$1b |
| Aug 25 2024 | n/a | n/a | US$1b |
| May 26 2024 | US$12m | US$1m | US$1b |
| 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$604m |
Compensation vs Market: Rick's total compensation ($USD12.00M) is about average for companies of similar size in the US market ($USD12.51M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% in the past year.
CEO
Rick Cardenas (56 yo)
4yrs
Tenure
US$12,004,427
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 | 4yrs | US$12.00m | 0.050% $ 11.5m | |
| Senior VP & CFO | 4yrs | US$3.86m | 0.0088% $ 2.0m | |
| Senior VP | 9.3yrs | US$3.02m | 0.012% $ 2.8m | |
| President of Business Development | less than a year | US$3.93m | 0.040% $ 9.1m | |
| President of Olive Garden | 7yrs | US$3.82m | 0.023% $ 5.4m | |
| Senior VP & Chief Information Officer | 8.8yrs | no data | no data | |
| Senior VP and Chief Communications & Public Affairs Officer | 9.4yrs | no data | 0.0039% $ 896.3k | |
| Senior VP and Chief People & Diversity Officer | 7.8yrs | no data | 0.00038% $ 87.3k | |
| Senior VP & Chief Supply Chain Officer | 9.7yrs | no data | 0.0033% $ 751.5k | |
| President of Specialty Restaurant Group | 21yrs | US$3.17m | 0.011% $ 2.5m | |
| Senior Vice President of Finance for Olive Garden | less than a year | no data | no data | |
| Senior Vice President of Marketing - Olive Garden | 3yrs | no data | no data |
7.4yrs
Average Tenure
61yo
Average Age
Experienced Management: DRI's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.7yrs | US$12.00m | 0.050% $ 11.5m | |
| Independent Director | 10.3yrs | US$376.51k | 0.00087% $ 200.0k | |
| Independent Director | 11yrs | US$365.45k | 0.022% $ 5.0m | |
| Independent Director | 11yrs | US$399.11k | 0.026% $ 5.9m | |
| Independent Chair of the Board | 11yrs | US$498.62k | 0.0059% $ 1.4m | |
| Independent Director | 6.3yrs | US$348.65k | 0.023% $ 5.3m | |
| Independent Director | 2.8yrs | US$322.01k | 0.0026% $ 606.8k | |
| Independent Director | 10.3yrs | US$313.55k | 0.0064% $ 1.5m | |
| Independent Director | less than a year | no data | no data |
10.3yrs
Average Tenure
64yo
Average Age
Experienced Board: DRI's board of directors are seasoned and experienced ( 10.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 21:30 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/11/24 |
| Annual Earnings | 2024/05/26 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Darden Restaurants, Inc. is covered by 61 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| David Tarantino | Baird |
| Ishan Majumdar | Baptista Research |