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Stock Market & Financial Investment News

News Breaks
August 15, 2014
09:03 EDTDRIDarden retains Russell Reynolds for CEO search
Darden announced that it has retained global executive search firm Russell Reynolds Associates to assist the company with the recruitment of its next CEO. As previously announced, Clarence Otis is stepping down as Chairman and Chief Executive Officer of Darden. To ensure a smooth transition, Charles Ledsinger has been appointed Independent Non-Executive Chairman of the Board, and Otis has agreed to continue serving as Chief Executive Officer of Darden until the earlier of the appointment of his successor or December 31. Ledsinger is leading the search along with the Board's Nominating and Governance Committee, which consists solely of independent directors. Russell Reynolds Associates will work closely with the Committee and the Darden board.
News For DRI From The Last 14 Days
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April 17, 2015
10:20 EDTDRIDarden management to meet with Stephens
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10:17 EDTDRIDarden management to meet with Stephens
Meeting to be held in Orlando on April 21 hosted by Stephens.
April 16, 2015
10:00 EDTDRIOn The Fly: Analyst Initiation Summary
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April 15, 2015
17:24 EDTDRIDarden initiated with a Neutral at Guggenheim
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April 14, 2015
10:01 EDTDRIDarden's Olive Garden unit enters into agreement with Ziosk for tabletop tablets
Olive Garden announced it has entered into an agreement with Ziosk, makers of ordering, entertainment and pay-at-the-table tablets, to begin the introduction of tabletop tablets in all of its restaurants nationwide. Olive Garden has been testing Ziosk in a select number of its restaurants since last year, and the feedback from guests and servers has been positive. Starting in May, Olive Garden will begin a phased rollout of Ziosk tablets into additional restaurants. The program will be supported by robust in-restaurant training to ensure this implementation reaches its full potential of enhancing the overall experience for guests and team members. Olive Garden expects Ziosk tablets to be in all of its 800-plus U.S. locations before the end of the calendar year.

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