Starboard Wins 12 Seats on Dardens Board

The transcript discusses the controversial decision by Darden's board to sell Red Lobster, leading to shareholder backlash and the replacement of the entire board. It explores the role of advisors like Goldman Sachs and Walk to Lipton, the influence of activist investors, and the legal protections for boards. The discussion also covers the future leadership of Darden and the limited options available to shareholders for legal recourse.

What role did Goldman Sachs play in Darden's decision-making process?

What were the potential consequences of Darden's decision to sell Red Lobster?

How did the shareholders react to the sale of Red Lobster?

What does the term 'epic fail' refer to in the context of Darden's board?

What warning signs should future companies heed based on Darden's experience?

What implications does the DNO liability insurance have for shareholders?

In what ways could shareholders express their dissatisfaction with the board's actions?