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  "documentTitle": "Darden Restaurants, Inc. (DRI)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2014-09-11 00:00:00",
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  "pageCount": 294,
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  "notes": "Uses strong contrast language to frame the incumbent board as the villain and the activist slate as the hero.",
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      "text": "We believe Darden’s proposed Board is at best suboptimal and potentially dysfunctional.",
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      "text": "Darden has proposed a Board that would be composed of: 4 incumbent directors, 4 last-minute hand picked nominees, and 4 vacancies left for Starboard recommended nominees.",
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      "text": "We believe Starboard’s proposed Board is the best solution, featuring a cohesive slate of world class candidates with unique and complementary skills.",
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      "text": "Our nominees are ready, willing, and able to turn around Darden – with a detailed transformation plan in hand.",
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      "text": "Starboard has also previously indicated its willingness (if all of its 12 nominees are elected) to add back up to two current Board members.",
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      "kind": "paragraph",
      "text": "The incumbent directors have been at the forefront of terrible strategic decisions, unacceptable corporate governance, and poor compensation practices.",
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