Tag Archive | Gene Lee

Restaurant People Report 3/09/15

Restaurant People Report 3/09/15

East Coast Wings & Grill recently named Stacey Kane as Vice President of Marketing. With more than 20 years of experience working with and building multi-unit restaurant chains, some of Kane’s previous positions in the industry include Global Director of Buzz at AmRest Restaurants and Vice President of Marketing at […]

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Darden Restaurants Announces Leadership Changes; COO Drew Madsen To Retire

Darden Restaurants, Inc. (NYSE: DRI) today announced that Drew Madsen, Darden’s President and Chief Operating Officer, has decided to retire from Darden at the end of the company’s fiscal second quarter.  He will be succeeded, effective immediately, by Gene Lee, who currently serves as the President of Darden’s Specialty Restaurant […]

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Darden Restaurants Completes Acquisition of Yard House USA, Inc.

Darden Restaurants, Inc. (NYSE: DRI) today announced that it has completed the acquisition of Yard House USA, Inc. for $585 million in an all-cash transaction from private equity firm TSG Consumer Partners LLC, management and investors. This follows the agreement that was announced on July 12, 2012. The total transaction […]

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Darden Restaurants Agrees To Acquire Yard House USA, Inc. For $585 Million

Darden Restaurants, Inc. (NYSE: DRI) today announced that it has agreed to acquire Yard House USA, Inc. for $585 million in an all-cash transaction from private equity firm TSG Consumer Partners LLC, management and investors.  The total transaction price of $585 million includes approximately $30 million of cash tax benefits that […]

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