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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 $6.24 million as of September 1st, 2021. Mr. Cardenas owns 50,944 shares of Darden Restaurants stock worth more than $6,235,036 as of September 26th. This net worth approximation does not reflect any other assets that Mr. Cardenas may own. Additionally, Mr. Cardenas receives an annual salary of $2,320,000.00 as COO at Darden Restaurants. Learn More about Ricardo Cardenas' net worth.

How old is Ricardo Cardenas?

Mr. Cardenas is currently 54 years old. There are 4 older executives and no younger executives at Darden Restaurants. The oldest executive at Darden Restaurants is Mr. John Melvin Martin, Pres of Specialty Restaurant Group, who is 61 years old. Learn More on Ricardo Cardenas' age.

What is Ricardo Cardenas' salary?

As the COO of Darden Restaurants, Inc., Mr. Cardenas earned a total compensation package of $3,756,954.00 in 2021. Mr. Cardenas earned a salary of $745,192.00, stock awards of $1,240,596.00, options awards of $408,505.00, non-equity compensation of $1,058,173.00, and other compensation of $304,487.00.The highest earning executive at Darden Restaurants is Mr. Eugene I. Lee Jr., Exec. Chairman, who commands a salary of $5,910,000.00 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 2,663 shares of the business's stock in a transaction on Thursday, September 23rd. The shares were sold at an average price of $158.65, for a transaction totalling $422,484.95. 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), William Simon (Director), 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, Darden Restaurants insiders bought shares 2 times. They purchased a total of 11,925 shares worth more than $1,448,344.25. In the last twelve months, insiders at the restaurant operator sold shares 8 times. They sold a total of 139,941 shares worth more than $20,268,815.76. The most recent insider tranaction occured on August, 2nd when Chairman Eugene I Lee Jr sold 41,442 shares worth more than $5,168,231.82. 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 8/2/2022.

Ricardo Cardenas Insider Trading History at Darden Restaurants

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
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.

Skip ChartChart Data in Insider Trading History Table

Darden Restaurants Company Overview

Darden Restaurants logo
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar's Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V's Prime Seafood brand name, and 3 under the Capital Burger brand; and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddar's Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
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Today's Range

Now: $122.39
Low: $120.20
High: $125.21

50 Day Range

MA: $126.65
Low: $115.11
High: $134.35

2 Week Range

Now: $122.39
Low: $110.96
High: $160.94

Volume

1,862,400 shs

Average Volume

1,242,097 shs

Market Capitalization

$15.17 billion

P/E Ratio

16.98

Dividend Yield

3.95%

Beta

1.3
Finally... Some Good News
This "World's Most Admired" company's stock is under $2!

Click to Watch the FREE Presentation
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