Darden board looks to make more changes
SEAFOODNEWS.COM [Associated Press] - November 14, 2014 -
ORLANDO, Fla. — Now that an activist investor has unseated Darden's board, more changes appear to be on the horizon for the operator of the Olive Garden restaurant chain.
Starboard Value's nominees were elected to fill all 12 of Darden's board seats last month.
Last week Darden said that it hired executive search firm Korn/Ferry International to help in its CEO search. Korn/Ferry replaces Russell Reynolds Associates.
On Thursday, Darden's board said that it would seek shareholder approval for changes that include...
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