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Activist investor presses Darden to separate chairman, CEO roles

Independent chairman would protect shareholder interests, particularly in connection with any restructuring of the Red Lobster owner, says activist investor

By Undercurrent News | Jan. 31, 2014 09:42 GMT
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Activist investor Barington Capital Group LP pressed the board of US foodservice giant Darden Restaurants on Thursday to separate the company’s chairman and chief executive roles as it continued to push for more changes at the Red Lobster-Olive Garden parent, reports Nation's Restaurant News [...]

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