Darden

Dermavant Appoints John Darden as New Head of Marketing

Retrieved on: 
Thursday, October 5, 2023
Marketing, Communications, Health, General Health, Pharmaceutical, Biotechnology, Apremilast, Therapy, Immunology, Skin, Psoriasis, Dermatology, Patient, Darden, Pharmaceutical industry, Management

Dermavant Sciences, a biopharmaceutical company dedicated to developing and commercializing innovative therapeutics in immuno-dermatology, today announced the appointment of John Darden as Vice President of Marketing.

Key Points: 
  • Dermavant Sciences, a biopharmaceutical company dedicated to developing and commercializing innovative therapeutics in immuno-dermatology, today announced the appointment of John Darden as Vice President of Marketing.
  • Darden brings more than 15 years of sales, marketing and market access experience in dermatology and immunology.
  • “I am proud to join a company of innovators and disruptors, with deep experience in dermatology and immunology,” said John Darden, Vice President of Marketing at Dermavant.
  • “We are thrilled to have John join Dermavant as our new VP of Marketing during a pivotal time in the company’s growth,” said Chris Chapman, Chief Commercial Officer at Dermavant.

DARDEN RESTAURANTS PARTNERS WITH FEEDING AMERICA® TO ADD 10 MORE REFRIGERATED TRUCKS THAT WILL HELP 10 LOCAL FOOD BANKS FIGHT HUNGER

Retrieved on: 
Thursday, September 14, 2023
Alameda County Community Food Bank, Harvest, Partnership, Food, SNAP, Darden, Supplemental Nutrition Assistance Program, Vegetable, Restaurant, Penske Truck Leasing, Gleaners Food Bank, Feeding America, Darden Restaurants, Hunger, Food industry, Practice of law, Grocery store, Penske Corporation

ORLANDO, Fla., Sept. 14, 2023 /PRNewswire/ -- Darden Restaurants is helping Feeding America® once again provide 10 member food banks with a 26-foot refrigerated truck, which can transport up to 12,000 pounds of food at a time to fight hunger in their community. Made possible through a $2 million grant from the Darden Restaurants, Inc. Foundation and support from partners Penske Truck Leasing and the Lineage Foundation, these trucks will become part of mobile food pantry programs at food banks with the greatest need.

Key Points: 
  • "As a restaurant company, we are able to make a meaningful difference in the fight against hunger.
  • Through our long-standing partnership with Feeding America and our legacy Harvest food donation program, we can help individuals and families gain access to nutritious food."
  • Darden and the Darden Foundation have partnered with Feeding America for 13 years to address food insecurity.
  • Since January 2021, Darden and its partners have helped add 35 trucks, along with money for operating expenses, for 35 food banks located in 18 different states.

FCPT Closes Acquisition of 13 Darden Restaurant Properties for $79.5 Million and Announces Year-to-Date Acquisition Volume Totals of $269.1 Million

Retrieved on: 
Thursday, July 6, 2023
REIT, Restaurant, Bar, Retail, Commercial Building & Real Estate, Construction & Property, Olive, Acquisition, Olive Garden, Darden, NYSE, Commercial property

The Company may acquire one additional Cheddar’s Scratch Kitchen property in the near term pending further due diligence.

Key Points: 
  • The Company may acquire one additional Cheddar’s Scratch Kitchen property in the near term pending further due diligence.
  • If the Company acquires the additional property, the total transaction size will be 14 properties for $85.0 million on initial full year annual cash rent of approximately $5.35 million.
  • Including today’s acquisition, and year-to-date, FCPT has completed the acquisition of 71 properties for a total investment of $269.1 million (excluding transaction costs) at a weighted average cap rate of 6.7%.
  • Our financial leverage remains within our target range, and we continue to find a buyer friendly market for new acquisitions.”

Darden Restaurants, Inc. Announces Retirement of Board Chairman

Retrieved on: 
Thursday, June 22, 2023
NYSE, Darden Restaurants, Darden, DRI, Annual general meeting, Management

Following the annual meeting, the Board will be comprised of nine members.

Key Points: 
  • Following the annual meeting, the Board will be comprised of nine members.
  • "Serving as Darden's CEO and as a member and Chairman of the Board of Directors has been an honor," said Mr. Lee.
  • "I am proud of what we have accomplished and believe that Darden is well-positioned to continue to grow and prosper for years to come."
  • Darden Chief Executive Officer, Rick Cardenas, stated, "Gene is an extraordinary leader and has been a source of support and counsel during this past year.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Syneos Health, Inc. (Nasdaq – SYNH), Franchise Group, Inc. (Nasdaq – FRG), CTI BioPharma Corp. (Nasdaq – CTIC), Ruth’s Inc. (Nasdaq – RUTH)

Retrieved on: 
Wednesday, May 10, 2023
Partnership, Franchise Group, Veritas Capital, Brodsky, Darden, Tripura Merger Agreement, Elliott Investment Management, DRI, CTI, Darden Restaurants, NYSE, Security (finance)

BALA CYNWYD, Pa., May 10, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.

Key Points: 
  • BALA CYNWYD, Pa., May 10, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • For example, the deal consideration is below the 52-week high of $79.77 for the Company’s shares.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Ruth’s Inc. (Nasdaq – RUTH), Magenta Therapeutics, Inc. (Nasdaq – MGTA), BELLUS Health Inc (Nasdaq – BLU), Prometheus Biosciences, Inc. (Nasdaq – RXDX)

Retrieved on: 
Wednesday, May 3, 2023
Prometheus, GSK, Tripura Merger Agreement, Brodsky, MRK, Darden, DRI, Dianthus, Darden Restaurants, NYSE, GSK plc, Security (finance), Pharmaceutical industry, Merck

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Ruth’s will be acquired by Darden Restaurants, Inc. (“Darden”) (NYSE - DRI).
  • Ruth’s shareholders will receive $21.50 in cash for each share of Ruth’s they own for a total equity value of approximately $715 million.
  • Prometheus shareholders will receive $200.00 cash for each Prometheus common share, for a total equity value of approximately $10.8 billion.

RUTH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Ruth’s Hospitality Group, Inc. Is Fair to Shareholders

Retrieved on: 
Wednesday, May 3, 2023
Legal, Professional Services, Ruth's Hospitality Group, Fraud, Darden, Advertising, Sale, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Ruth’s Hospitality Group, Inc. (NASDAQ: RUTH) to Darden Restaurants, Inc. for $21.50 per share in cash is fair to Ruth’s Hospitality shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Ruth’s Hospitality Group, Inc. (NASDAQ: RUTH) to Darden Restaurants, Inc. for $21.50 per share in cash is fair to Ruth’s Hospitality shareholders.
  • The investigation concerns whether Ruth’s Hospitality and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Ruth’s Hospitality shareholders; (2) determine whether Darden is underpaying for Ruth’s Hospitality; and (3) disclose all material information necessary for Ruth’s Hospitality shareholders to adequately assess and value the merger consideration.
  • On behalf of Ruth’s Hospitality shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

MINT ECO CAR WASH ANNOUNCES EXPANSION OF LEADERSHIP TEAM

Retrieved on: 
Tuesday, May 2, 2023
PALM, Operating department practitioner, Operation, Private equity, Angelo Gordon, The Related Group, Mint, Harvard University, Head, Kings Food Markets, Roadhouse, Construction, BRS, Food, Dillon, Read & Co., Darden, Element, Philosophy, Market, Trust, Acquisition, BEACH, Restaurant industry in Guangzhou, Organizational culture, Corporation, The Related Companies, Growth, Restaurant, Culture, Angelo, Read, Health, Corner Bakery Cafe, Management

Mr. Davis and Mr. Leonard will be members of the "C-Team" and responsible not only for their departments but also for the strategic direction and overall success of Mint Eco.

Key Points: 
  • Mr. Davis and Mr. Leonard will be members of the "C-Team" and responsible not only for their departments but also for the strategic direction and overall success of Mint Eco.
  • Geoff Jervis, CEO, shared, "Mint Eco is a fast-growing organization that is focused on results.
  • Mr. Davis comes to Mint Eco from a 25+ year career in the Restaurant Industry.
  • "The car wash industry is dynamic and growing, and I look forward to helping Mint Eco continue its path to excellence and leadership."

Leading Restaurant Brands Honored for Achieving Best-in-Class Performance at the Best Practices Conference

Retrieved on: 
Friday, February 17, 2023
Restaurant, Bar, Data Analytics, Human Resources, Data Management, Professional Services, Technology, Food, Beverage, Retail, Olive, Employment, Human voice, The Cheesecake Factory, Panera Bread, Black box, Humble (song), Season, The Capital Grille, Olive Garden, LongHorn Steakhouse, Workplace, Lazy Dog Restaurant & Bar, Diversity, Workforce, GM, Intelligence, People's Choice Awards, Panda Express, Growth, City Barbeque, Icehouse, Conference, Darden, Twin Peaks, Taco Bell, Film industry, Nursing, Auction

The Best Practices Awards recognize the brands that consistently deliver exceptional results across the restaurant experience.

Key Points: 
  • The Best Practices Awards recognize the brands that consistently deliver exceptional results across the restaurant experience.
  • For years, the Best Practices Awards have been based on a brand’s retention, traffic, and sales performance.
  • Darden, a multi-brand restaurant company, finished the strongest with five winning brands in their portfolio acknowledged for their exceptional performance at the 2023 Best Practices Conference.
  • All award finalists and winners were honored at the Best Practices Conference, hosted January 31st - February 2nd, 2023.

BETTY BUZZ SPARKLING MIXERS EXPANDS DISTRIBUTION WITH FIRST NATIONAL RESTAURANT PARTNER

Retrieved on: 
Wednesday, February 15, 2023
Growth, Beer, Drink, Yard House, Ice, Food, Innovation, Marriage, Darden, Bottled water

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Today, Betty Buzz, a range of sparkling non-alcoholic beverages from entrepreneur and actress Blake Lively, is excited to announce its launch at Yard House restaurants throughout the United States.

Key Points: 
  • Yard House, known for its diverse menu of American fare and vast selection of craft beer, will serve Betty Buzz Sparkling Grapefruit at all 85 locations in their signature, handcrafted Grapefruit Paloma cocktail.
  • This significant expansion of availability for Betty Buzz's Sparkling Grapefruit will allow the brand to reach new consumers in 27 states nationwide as it grows its national on-premise footprint.
  • "Betty Buzz is thrilled to be working with Yard House and Darden as our first-ever national restaurant partners," said Blake Lively, Founder.
  • "Crafting a Paloma with Betty Buzz Grapefruit Soda gives the drink a great effervescence, which offers our guests a fresh way to experience a classic cocktail."