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Gene Lee Named CEO of Darden Restaurants, Inc.

ORLANDO, Fla. — Darden interim CEO Gene Lee will be sticking around at Darden, as he has been appointed CEO and director of the...

Gene Lee Named Interim CEO of Darden

ORLANDO, Fla. — Gene Lee, president and COO of Orlando, Fla.’s Darden Restaurants, will assume the role of interim CEO, as Clarence Otis (pictured)...

Darden Sells Red Lobster


ORLANDO, Fla. — Months after announcing it was pondering the future of its troubled Red Lobster brand, Darden Restaurants has agreed to sell the casual-dining chain to Golden Gate Capital, a San Francisco-based private equity investment firm, for $2.1 billion.

Darden Considers Separation From Red Lobster

ORLANDO, Fla. — Bowing to pressure from its shareholders after slinking sales in the second quarter, Darden Restaurants, Inc. — which owns Olive Garden,...