4. Jeffrey C. Smith
Chairman, Darden Restaurants Inc.; managing member, CEO and chief investment officer, Starboard Value L.P.
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• Perseverance: Smith’s Starboard Value L.P., along with Barington Capital Group, waged a months-long activist-investor campaign against Darden Restaurants Inc. that led to a replacement of Darden’s 12-seat board with the investors’ nominees.
• Questioning everything: Starboard in September produced the highly detailed 294-page “Transforming Darden Restaurants” plan that took issue with operational areas such as adding salt to pasta water, Olive Garden’s liberal breadstick policy, as well as addressing the company’s real estate holdings and increased franchising.
Photo: Starboard Value L.P.