Darden Restaurants, Inc. (NYSE: DRI) owns Olive Garden, LongHorn Steakhouse, and seven other brands, headquartered at 1000 Darden Center Drive, Orlando, Florida. No single owner controls it. This dossier maps ownership, leadership, the confirmed technology stack, and twelve concrete approach ideas for a first Connection deal.
Same pattern as First Watch, at a much larger scale: no founder, family, or private-equity owner. Darden was spun off from General Mills in 1995 and has been fully public since. Ownership is institutional index and active-fund money — nobody to court as an owner-operator.
| Holder | Shares | Stake |
|---|---|---|
| Capital World Investors Sched. 13G/A filed May 13, 2025 | 14,682,052 | 12.87% |
| BlackRock, Inc. | 9,215,129 | 8.08% |
| Vanguard Capital Management LLC | 8,623,952 | 7.56% |
| Wellington Management Group LLP | 6,848,992 | 6.00% |
| Name | Role | Shares |
|---|---|---|
| Ricardo (Rick) Cardenas | President & CEO | 229,572 |
| Todd A. Burrowes | Group President & President, Chuy's | 88,407 |
| M. John Martin | Group President | 48,667 |
| Rajesh (Raj) Vennam | SVP & CFO | 46,053 |
| Sarah H. King | SVP & Chief People Officer | 38,347 |
| All directors & executive officers | as a group (21 persons) | 762,475 (<1%) |
Almost entirely vested options and RSUs, not open-market purchases. At a $13B+ revenue company, insider ownership under 1% is normal — this is a professionally managed, board-governed public company with zero owner-operator to reach through personal relationship.
| Brand | Locations | Notes |
|---|---|---|
| Olive Garden | 949 | Largest brand by unit count |
| LongHorn Steakhouse | 618 | $3.42B FY2026 sales; strongest same-restaurant sales growth in the portfolio |
| Cheddar's Scratch Kitchen | 184 | |
| Chuy's | 110 | Newest, still integrating Acquired Oct 2024 |
| Yard House | 93 | |
| Ruth's Chris Steak House | 83 | |
| The Capital Grille | 74 | Part of the Specialty Restaurant Group |
| Seasons 52 | 44 | Part of the Specialty Restaurant Group |
| Eddie V's | 31 | Part of the Specialty Restaurant Group |
| Bahama Breeze + other | 16 |
Darden completed an all-cash, ~$605M acquisition of Chuy's Holdings (101–103 restaurants in 15 states) in October 2024, at $37.50/share — a 40% premium and 10.3x EBITDA. Darden has stated it targets ~$15M in pre-tax synergies by the end of fiscal 2026 and $50–55M in integration costs. Every acquired Chuy's location has to be folded onto Darden's network, POS, and security standards — a live, budgeted, multi-year integration project, not a hypothetical one.
FY2026 (ended ~May 31, 2026): total sales $13.21B, up 9.4% YoY. HQ: 1000 Darden Center Drive, Orlando, FL 32837. ~187,000 employees system-wide.
Darden deliberately splits the Chair and CEO roles — a governance detail worth knowing before any conversation that reaches the board level.
| Name | Title | Notes |
|---|---|---|
| Rick Cardenas | President & CEO | Started as a Red Lobster busser at 16; CFO 2016–2021, COO 2021–2022, CEO since May 2022. Long internal career — culturally, expect loyalty to existing vendors he inherited. |
| Cynthia T. Jamison | Independent Chair of the Board | Retired turnaround CFO; Chair and CEO roles are intentionally separate at Darden. |
| Rajesh (Raj) Vennam | SVP & CFO | Career Darden finance executive since 2003; CFO since Jan 2021. Budget sign-off sits here. |
| Chris Chang | SVP & Chief Information Officer | Long-tenured — not a "new leader" opening In the CIO seat since April 2016 (10 years). Came from Caesars Entertainment. Owns IT, technology, and digital marketing. |
| Lindsay L. Koren | SVP, General Counsel, Chief Compliance Officer & Corporate Secretary | New — Feb 2026 Replaced retiring Matthew R. Broad. New compliance leadership often revisits vendor-risk and procurement policy. |
| Sarah H. King | SVP & Chief People Officer | In role since Feb 2025. |
| Todd A. Burrowes | Group President & President, Chuy's | Moved from running LongHorn Steakhouse to leading the Chuy's integration directly — the person actually accountable for folding Chuy's in. |
| M. John Martin | Group President | Runs the Specialty Restaurant Group (Capital Grille, Eddie V's, Seasons 52) since June 2025. |
Board also includes M. Shan Atkins, Juliana L. Chugg (former Mattel exec), James P. Fogarty (CEO, FULLBEAUTY Brands), Daryl A. Kenningham (CEO, Group 1 Automotive), William S. Simon (former Walmart U.S. CEO; also served on Home Depot, Big Lots, and Tractor Supply boards), Charles M. Sonsteby, and Timothy J. Wilmott (also served on HanesBrands, Chico's FAS, and GameStop boards). Source: DEF 14A filed Aug 10, 2026.
This is the most actionable section in the dossier — it tells Lorie exactly where Darden already has vendor relationships (don't compete there) and exactly which administrative door has to be opened before any purchase order can be cut.
Oracle E-Business Suite (financial ERP, implemented 2021 to support the Cheddar's acquisition), PeopleSoft for payroll, Oracle HFM/Demantra/GRC, and OneStream for enterprise performance management.
Oracle Commerce platform, implemented and supported by Infosys as systems integrator — Chris Chang has publicly credited this partnership for guest and employee digital engagement. This lane is spoken for; don't lead here.
Darden runs vendor onboarding and purchasing through Coupa (procurement SaaS), with APEX for vendor management and FirstStrike for supplier onboarding, under SOX controls with regular attestations and penetration testing for new integrations. In practical terms: getting registered as an approved supplier in this pipeline is a prerequisite to a first purchase order, independent of how good the relationship with Chris Chang's team is.
Program is integrated into Darden's Enterprise Risk Management framework, overseen by the Audit Committee. No material incident disclosed. The FY2026 10-K's risk-factor language was substantially reworded from the prior year to explicitly call out AI-related and supply-chain cybersecurity risk — a real, board-level talking point for a security or vendor-risk conversation, not an invented pain point.
Sources: AppsRunTheWorld technographic profile, Infosys client case study ("Infosys Drives Digital Transformation at Darden Restaurants," quoting Chris Chang), Darden FY2026 Form 10-K (filed with the SEC).
Ranked roughly from "do this first, it's a prerequisite" to "longer-range plays." Each is tied to a verified fact above.
Unlike First Watch's leadership, which is scattered across the Sarasota–Bradenton corridor, Darden's entire executive team works out of one place: the Orlando Restaurant Support Center. This dossier reports city-level, professional locations only — it deliberately does not pursue home addresses or personal social-media profiling of individual executives.
| Executive | Role | Base |
|---|---|---|
| Rick Cardenas | President & CEO | Orlando, FL (Restaurant Support Center HQ) |
| Raj Vennam | SVP & CFO | Orlando, FL |
| Chris Chang | SVP & CIO | Orlando, FL |
| Lindsay Koren | SVP, General Counsel | Orlando, FL |
| Sarah H. King | SVP, Chief People Officer | Orlando, FL |
| Todd Burrowes | Group President, Chuy's | Orlando, FL (Chuy's brand HQ remains in Austin, TX for now) |
| M. John Martin | Group President | Orlando, FL |
HQ address: 1000 Darden Center Drive, Orlando, FL 32837. All corporate officers are disclosed in the DEF 14A as reachable at this address; individual home locations were not researched.
No confirmed Darden speaker slot was found at FSTEC, MURTEC, the National Restaurant Association Show, or the Restaurant Leadership Conference for 2026–2027. Given the entire team is Orlando-based, a local approach — Orlando/Central Florida business and technology events — is more realistic than planning around a national trade show. Worth checking the Orlando Business Journal's CIO of the Year program and Central Florida technology council calendars for 2026–2027 dates.
In the spirit of not handing Lorie anything unverified: two leads were run down and rejected during this research.
An older (2020-era) press release still surfaces in search results naming Gene Lee as Chair. The current Aug 2026 proxy confirms Cynthia T. Jamison is now the independent Board Chair, separate from CEO Cardenas. Always used the newest primary filing.
A sales-intelligence site (pintel.ai) produced plausible-sounding but unverifiable "challenges" and quotes for Darden's tech stack. None of its specific claims are used here — only facts corroborated by SEC filings, the company's own press releases, or a named vendor's own case study were kept.