Red Lobster 2015 Annual Report Download - page 5

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DARDEN RESTAURANTS, INC. | 2015 ANNUAL REPORT 1
DEAR FELLOW SHAREHOLDERS:
We experienced meaningful change in leadership in scal 2015 beginning
with the election of a new Board of Directors. The new Board appointed a new
Chairman of the Board and then selected a new Chief Executive Ofcer. This
level of change in leadership is virtually unprecedented and provided our team
with the clear mandate from shareholders to improve the Company, think
differently and challenge past methods in favor of potential improved actions.
We are in the hospitality business. Success is only achieved through great people
and great relationships. Our Board and our senior leadership team have quickly
developed a terric relationship of trust and partnership allowing us to align
on the key priorities to drive improved business performance. We are proud
of our teamwork at the top of the organization and fully recognize that it is
the great work and teamwork that happens throughout the organization and
in the restaurants which will allow us to continue to succeed.
Jeffrey C. Smith
Chairman of the Board
Gene Lee
President and
Chief Executive Ofcer