secwatch.observer — SEC 8-K summary
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Issuer:     DARDEN RESTAURANTS INC (DRI)
CIK:        0000940944
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0000940944-24-000072
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Darden Restaurants elects Daryl A. Kenningham as new board member, effective Dec. 9, 2024
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- Board expanded from 9 to 10 directors; Kenningham appointed immediately.
- Kenningham is President and CEO of Group 1 Automotive, a multi-unit operator.
- Appointed to Audit Committee ($17,500 retainer) and Compensation Committee ($12,500 retainer).
- Receives prorated annual cash retainer of $100,000 and $185,000 in restricted stock units.
- Board determined Kenningham is independent and qualifies as an audit committee financial expert.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940944/000094094424000072/0000940944-24-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940944/000094094424000072/dri-20241209.htm
  HTML page:      https://secwatch.observer/filing/0000940944-24-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer