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  "documentTitle": "Darden Restaurants, Inc. (DRI)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
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  "presentationDate": "2014-03-31 00:00:00",
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  "notes": "Includes a scatter plot showing pay-for-performance grade and a table of historical compensation grades.",
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      "text": "ISS has given Darden a governance Quickscore of 10, indicating the HIGHEST POSSIBLE GOVERNANCE RISK",
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      "text": "FY 2013 PAY-FOR-PERFORMANCE GRADE",
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      "text": "Glass Lewis has given Darden a grade of “D” in executive compensation. In its 2013 Proxy Paper, Glass Lewis notes: The Company has been deficient in linking executive pay to corporate performance... [and] Shareholders should be concerned with this disconnect.",
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      "text": "ISS has given Darden a governance Quickscore of 10, indicating the HIGHEST POSSIBLE GOVERNANCE RISK. The roles of Chairman and CEO have not been separated. 45.45% of the non-executive directors on the board have lengthy tenure.",
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      "text": "The Company has been deficient in linking executive pay to corporate performance...[and] Shareholders should be concerned with this disconnect — Glass Lewis",
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      "text": "HISTORICAL COMPENSATION GRADE: FY 2013: D, FY 2012: D, FY 2011: C",
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      "kind": "title",
      "text": "We believe the current management team and Board have a long history of self-interested behavior and disregard for shareholders' interests (cont'd)",
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