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  "documentTitle": "Darden Restaurants, Inc. (DRI)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2014-09-11 00:00:00",
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      "text": "Olive Garden can draw lessons from its first turnaround, while innovating to stay ahead of competitors",
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      "text": "Bradley D. Blum\n- Brad Blum spent a significant portion of his career with Darden and General Mills.\n- As President of Olive Garden from 1994 to 2002, he led a brand renaissance that transformed Olive Garden from a struggling company in serious decline into one of the most successful casual dining restaurants in the world, and a business that is currently the largest and most valuable part of Darden's portfolio of brands.\n- During Mr. Blum’s tenure at Darden, the Company's stock price outperformed the S&P 500 by more than 150%, and Olive Garden achieved 29 consecutive quarters of same-restaurant-sales increases, increased average annual sales per restaurant from approximately $2.5 million to $4 million, and significantly increased overall profits.\n- Mr. Blum served on Darden's Board of Directors for more than 5 years, including as Vice Chairman.\n- He then joined Burger King as CEO to turn around their struggling business, which resulted in a successful IPO in 2006 that achieved an outsized return on the original private equity investment.\n- As a senior executive in the cereal division of General Mills, Mr. Blum was responsible for developing and introducing several of its leading brands, including Cinnamon Toast Crunch, Total Raisin Bran, Apple Cinnamon Cheerios, and Basic 4.",
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      "text": "Mr. Blum brings a passion for the casual dining industry and an affinity for Darden, specifically Olive Garden. He can provide unparalleled insight and guidance as Olive Garden embarks on its turnaround.",
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      "text": "Our nominee, Brad Blum, led the first Olive Garden turnaround",
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