Ricardo  Cardenas net worth and biography

Ricardo Cardenas Biography and Net Worth

Rick Cardenas was named President and Chief Operating Officer in January 2021. In this role, he has responsibility for all restaurant operations as well as supply chain, development, franchising & international and consumer insights.

Previously, Rick served as Darden’s Chief Financial Officer since March 2016. Prior to that, he served as Senior Vice President and Chief Strategy Officer. He began his career with Darden as an hourly employee in 1984, before joining the restaurant support center team in 1992 as an Auditor. From there he held increasingly more responsible positions including Director of Corporate Development, Director of Finance and Technology for Seasons 52, Vice President of Finance and Assistant Controller for Olive Garden, Senior Vice President of Finance and Controller for LongHorn Steakhouse, Senior Vice President of Finance and Controller for Red Lobster, and Executive Vice President of Operations for LongHorn Steakhouse. Rick briefly left the company in 1998 to work for management consulting firms Bain & Company and the Parthenon Group.

Rick graduated summa cum laude from the University of Central Florida with a bachelor’s degree in Finance & Accounting. He earned an MBA from The Amos Tuck School of Business Administration at Dartmouth College and is a Certified Public Accountant. He currently serves as a member of the board of directors of Tractor Supply Company.

What is Ricardo Cardenas' net worth?

The estimated net worth of Ricardo Cardenas is at least $7.30 million as of July 24th, 2023. Mr. Cardenas owns 48,007 shares of Darden Restaurants stock worth more than $7,295,144 as of June 19th. This net worth approximation does not reflect any other assets that Mr. Cardenas may own. Additionally, Mr. Cardenas receives an annual salary of $2,940,000.00 as COO at Darden Restaurants. Learn More about Ricardo Cardenas' net worth.

How old is Ricardo Cardenas?

Mr. Cardenas is currently 56 years old. There are 4 older executives and no younger executives at Darden Restaurants. Learn More on Ricardo Cardenas' age.

What is Ricardo Cardenas' salary?

As the COO of Darden Restaurants, Inc., Mr. Cardenas earns $2,940,000.00 per year. Learn More on Ricardo Cardenas' salary.

How do I contact Ricardo Cardenas?

The corporate mailing address for Mr. Cardenas and other Darden Restaurants executives is 1000 DARDEN CENTER DRIVE, ORLANDO FL, 32837. Darden Restaurants can also be reached via phone at (407) 245-4000 and via email at [email protected]. Learn More on Ricardo Cardenas' contact information.

Has Ricardo Cardenas been buying or selling shares of Darden Restaurants?

Ricardo Cardenas has not been actively trading shares of Darden Restaurants within the last three months. Most recently, Ricardo Cardenas sold 23,222 shares of the business's stock in a transaction on Monday, July 24th. The shares were sold at an average price of $170.04, for a transaction totalling $3,948,668.88. Following the completion of the sale, the chief executive officer now directly owns 48,007 shares of the company's stock, valued at $8,163,110.28. Learn More on Ricardo Cardenas' trading history.

Who are Darden Restaurants' active insiders?

Darden Restaurants' insider roster includes Margaret Atkins (Director), Matthew Broad (SVP), Todd Burrowes (Insider), Ricardo Cardenas (COO), Juliana Chugg (Director), Susan Connelly (SVP), Daniel Kiernan (Insider), Sarah King (SVP), Eugene Lee, Jr. (CEO), John Madonna (SVP), Melvin Martin (Insider), Nana Mensah (Director), Douglas Milanes (SVP), Richard Renninger (SVP), William Simon (Director), Rajesh Vennam (CFO), and Timothy Wilmott (Director). Learn More on Darden Restaurants' active insiders.

Are insiders buying or selling shares of Darden Restaurants?

In the last twelve months, insiders at the restaurant operator sold shares 21 times. They sold a total of 300,759 shares worth more than $49,946,639.53. The most recent insider tranaction occured on April, 25th when SVP Matthew R Broad sold 4,707 shares worth more than $734,998.05. Insiders at Darden Restaurants own 0.9% of the company. Learn More about insider trades at Darden Restaurants.

Information on this page was last updated on 4/25/2024.

Ricardo Cardenas Insider Trading History at Darden Restaurants

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/24/2023Sell23,222$170.04$3,948,668.8848,007View SEC Filing Icon  
3/28/2023Sell12,735$155.02$1,974,179.7048,304View SEC Filing Icon  
9/23/2021Sell2,663$158.65$422,484.95View SEC Filing Icon  
9/1/2021Sell7,989$151.27$1,208,496.0350,944View SEC Filing Icon  
8/25/2021Sell5,326$150.00$798,900.00View SEC Filing Icon  
8/2/2021Sell5,326$147.05$783,188.30View SEC Filing Icon  
7/12/2021Sell4,936$150.02$740,498.7241,305View SEC Filing Icon  
7/7/2021Sell5,716$150.01$857,457.1642,085View SEC Filing Icon  
7/1/2021Sell10,652$147.08$1,566,696.1647,021View SEC Filing Icon  
4/6/2021Sell1,200$147.04$176,448.0048,169View SEC Filing Icon  
3/29/2021Sell19,416$144.00$2,795,904.0055,785View SEC Filing Icon  
4/23/2020Buy2,991$58.50$174,973.5022,432View SEC Filing Icon  
7/12/2019Sell14,128$124.87$1,764,163.3623,848View SEC Filing Icon  
6/25/2018Sell10,666$108.86$1,161,100.7619,929View SEC Filing Icon  
1/10/2018Sell10,783$97.17$1,047,784.1120,046View SEC Filing Icon  
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Ricardo Cardenas Buying and Selling Activity at Darden Restaurants

This chart shows Ricardo Cardenas's buying and selling at Darden Restaurants by year and by quarter.

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Darden Restaurants Company Overview

Darden Restaurants logo
Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brand names. Darden Restaurants, Inc. was incorporated in 1995 and is based in Orlando, Florida.
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Today's Range

Now: $151.96
Low: $151.67
High: $154.86

50 Day Range

MA: $150.78
Low: $146.03
High: $156.61

2 Week Range

Now: $151.96
Low: $133.36
High: $176.84

Volume

2,335,369 shs

Average Volume

1,042,481 shs

Market Capitalization

$18.14 billion

P/E Ratio

17.81

Dividend Yield

3.41%

Beta

1.29