Expect More Change At Darden After CEO Departure
July 29, 2014 at 10:46 AM EDT
The Wall Street Journal As Darden bows to the demands of activist shareholders, expect more big changes. Shares of Darden Restaurants (DRI) are up more than 3% today after the company said it would send current CEO and Chairman Clarence Otis to greener pasture, partly due to pressure from activist investor Starboard Value. It will separate [...]