This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Salli Setta Named Red Lobster President; Dave Pickens Appointed Chief Restaurant Operations Officer For Darden









ORLANDO, Fla., July 10, 2013 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today announced two senior leadership appointments:

  • Salli Setta will become President of Red Lobster.  In her new role, she will lead all aspects of the iconic brand with more than 700 restaurants, 60,000 employees and $2.6 billion in annual sales.
  • Dave Pickens will become the new Chief Restaurant Operations Officer for Darden.  In this capacity, he will lead the Operations Leadership Team and ensure the successful implementation of various strategic operations initiatives that span the entire Darden enterprise and include further improving the guest experience.




(Logo: http://photos.prnewswire.com/prnh/20050203/FLTH026LOGO )

These appointments are effective Monday, July 15.  Both Setta and Pickens will report to Drew Madsen, Darden's President and Chief Operating Officer.



Since joining Red Lobster in 2005 as Executive Vice President of Marketing, Setta has led a comprehensive brand refresh.  Under her leadership, Red Lobster has made extensive culinary changes, including introducing its Today's Fresh Fish menu, Wood Fire Grill cooking platform and Quick Catch Lunch program, and created and launched its well-received "Sea Food Differently" advertising campaign.  She joined Darden in 1990 as a sales promotion assistant at Olive Garden and held positions of increasing responsibility during her 15-year tenure with the brand, including Vice President of Brand Marketing and Senior Vice President of Culinary and Beverage.

Darden's Chairman and CEO Clarence Otis commented:  "Salli is yet another example of the extraordinary people in our company who, through a combination of individual passion and commitment, and a strong culture of disciplined leadership development, have progressed to a critical senior leadership role.  She played an integral role in redefining Red Lobster and with her promotion to president she will accelerate efforts to fully bring all the recent brand enhancements to life.  Salli is a proven leader who has demonstrated a unique ability to attract and develop talent during her 20-plus years with the company.  Most importantly, with her deep understanding of Red Lobster's brand and guests, she is uniquely prepared to drive Red Lobster's future success."

Pickens has spent more than 40 years with Darden.  He began as a Red Lobster crew member in 1973, became a Management Trainee and progressed through various operations roles with increasing responsibility culminating in his role as a division Senior Vice President.  He joined Olive Garden in 1995 as Senior Vice President of Operations for the Orlando division. 

He was promoted to Olive Garden's Executive Vice President of Operations in 1999 and then to President in 2004, a position he held until rejoining Red Lobster in 2011 as its President.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,853.07 -59.04 -0.35%
S&P 500 1,967.81 -2.14 -0.11%
NASDAQ 4,455.1210 +12.4230 0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs