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Charles Sonsteby - Darden Restaurants Independent Chairman of the Board

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DRI -- USA Stock  

Fiscal Quarter End: February 29, 2020  

  Chairman
Mr. Charles M. Sonsteby is an Independent Chairman of the Board of the Company. He is currently Chairman of our Board. He is the former Vice Chairman of The Michaels Companies, Inc., the largest arts and crafts specialty retailer in North America and parent company of Michaels Stores, Inc., a role he held from June 2016 until his retirement in October 2017. He had served as CFO and Chief Administrative Officer of that company and its predecessor from October 2010 to August 2016. Prior to that, Mr. Sonsteby served as the CFO and Executive Vice President of Brinker International, Inc., a casual dining restaurant company, from May 2001 to October 2010. He joined Brinker in 1990 as Director of the Tax, Treasury and Risk Management departments and thereafter served in various capacities, including as Senior Vice President of Finance from 1997 to 2001 and as Vice President and Treasurer from 1994 to 1997. Mr. Sonsteby was elected to the board of directors of Valvoline, Inc., a producer and distributor of industrial and automotive lubricants and automotive chemicals, in September 2016. Mr. Sonsteby previously served on the board of directors of Zale Corporationrationration, a specialty retailer of diamond and other jewelry products in North America, from November 2006 to February 2011.
Age: 65  Chairman Since 2016      
407 245-4000  www.darden.com

Charles Sonsteby Latest Insider Activity

Management Efficiency

The company has 5.71 B in debt with debt to equity (D/E) ratio of 251.3 . This implies that the company may be unable to create cash to meet all of its financial commitments. Darden Restaurants has Current Ratio of 0.33 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.

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Company Summary

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida. Darden Restaurants operates under Restaurants classification in USA and is traded on BATS Exchange. It employs 185000 people.Darden Restaurants (DRI) is traded on BATS Exchange in USA. It is located in 1000 Darden Center Drive, Orlando, FL 32837, United States and employs 185,000 people. Darden Restaurants is listed under Restaurants Hotels Motels category by Fama And French industry classification.

Darden Restaurants Leadership Team

Laurie Burns, Senior Vice President Chief Development OfficerView
Richard Renninger, Senior Vice President Chief Development OfficerView
Doug Milanes, Senior Vice President Chief Supply Chain OfficerView
Todd Burrowes, President - LongHorn SteakhouseView
David Lothrop, Senior Vice President Corporate ControllerView
Jean Birch, Independent DirectorView
Sarah King, Chief Human Resource Officer, Senior Vice PresidentView
Susan Connelly, Senior Vice President Chief Communications and Public Affairs OfficerView
Matthew Broad, Senior Vice President, Chief Compliance Officer, General Counsel, Corporate SecretaryView
Nana Mensah, Independent DirectorView
Alan Stillman, Independent DirectorView
Harald Herrmann, President of Specialty Restaurant GroupView
Betsy Atkins, Independent DirectorView
Ricardo Cardenas, Chief Financial Officer, Senior Vice PresidentView
David George, Chief Operating Officer, Executive Vice PresidentView
Douglas Milanes, Senior Vice President Chief Supply Chain OfficerView
Lionel Nowell, Independent DirectorView
Dan Kiernan, President - Olive GardenView
Eugene Lee, President, Chief Executive Officer, DirectorView
Timothy Wilmott, Independent DirectorView
Margaret Atkins, Independent DirectorView
John Madonna, Senior Vice President Principal Accounting Officer, Corporate ControllerView
Danielle Kirgan, Chief Human Resource OfficerView
Cynthia Jamison, Independent DirectorView
Jeffrey Davis, CFO, Senior Vice PresidentView
Bradley Blum, Independent DirectorView
Douglas, Senior Vice President Chief Supply Chain OfficerView
Jeffrey Smith, Chairman of the BoardView
Peter Feld, Independent DirectorView
Charles Sonsteby, Independent Chairman of the BoardView
Daniel Kiernan, President - Olive GardenView
James Fogarty, Independent DirectorView
William Simon, Independent DirectorView

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