On December 19, 2013, Darden announced plans to sell or spin-off the Red Lobster brand, citing pressure from stock investors. This was in direct response to the company spending US$100 million on a new digital platform. At the time, the project was already at least one year behind schedule and above budget. A large number of layoffs occurred in its marketing department, and the company's second in command also left.
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I love the guy who thinks he is the police man of this board. EVERY single post he has to say "this is the verizon board blah blah blah" Just like my manager. Cannot connect the dots....
Darden's CEO is on the Verizon Board of Directors
And they have a page too: &darden-restaurants
Christopher Darden prosecuted Orenthal James Simpson for the murder of Nicole Brown and all he got was a restaraunt group and a Marcia Clark.
Darden's CEO is on the Verizon Board of Directors.