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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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  "notes": "Uses a historical quote to frame the current management as having strayed from the company's own stated values.",
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      "kind": "callout",
      "text": "As Joe Lee emphasized, running a successful restaurant concept is about the people. The leadership at the top of the company (especially the CEO) must inspire a strong culture and demonstrate a desire to lead superb operations",
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      "text": "We believe Darden needs to follow the words it once said and revive the brand with excellent leaders.",
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      "text": "Shortly before the current management team took the helm, Darden stated the following in its 2004 Annual Report.",
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      "text": "It is said that leadership is the ability to guide or direct others. We would add to that definition the ability to inspire, enthuse, motivate and encourage – for starters. The fact is, Darden Restaurants leadership manifests itself in hundreds of ways every day. Indeed, we consider leadership excellence to be the essential strategic plank of our business model....leadership creates value for all of our stakeholders – guests, investors, employees, vendors and the community.",
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      "text": "\"It is said that leadership is the ability to guide or direct others. We would add to that definition the ability to inspire, enthuse, motivate and encourage – for starters. The fact is, Darden Restaurants leadership manifests itself in hundreds of ways every day. Indeed, we consider leadership excellence to be the essential strategic plank of our business model....leadership creates value for all of our stakeholders – guests, investors, employees, vendors and the community.\" — Darden 2004 Annual Report (Joe Lee's last as CEO)",
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      "text": "Great people will deliver great results",
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