Darden Restaurants Inc. has nominated a new slate of directors, to be voted on at its annual shareholder meeting on Oct. 10. The casual-dining operator will retain just four out of its 12 current members and give four seats to activist investor Starboard Value L.P., an increase of one member from Darden’s previous slate. Starboard, which holds 8.8 percent of Darden shares, has issued its own slate of board members, and is supported by Barington Capital Group L.P., which owns ...
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Contact: Desiree Torres Desiree.Torres@penton.com