The estimated Net Worth of Charles M Sonsteby is at least $7.19 Milión dollars as of 14 November 2023. Mr. Sonsteby owns over 4,500 units of Darden Restaurants stock worth over $2,587,841 and over the last 21 years he sold DRI stock worth over $4,271,629. In addition, he makes $331,235 as Independent Chairman of the Board at Darden Restaurants.
Charles has made over 27 trades of the Darden Restaurants stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 4,500 units of DRI stock worth $154,485 on 14 November 2023.
The largest trade he's ever made was exercising 185,566 units of Darden Restaurants stock on 17 March 2016 worth over $1,195,045. On average, Charles trades about 6,813 units every 68 days since 2003. As of 14 November 2023 he still owns at least 16,437 units of Darden Restaurants stock.
You can see the complete history of Mr. Sonsteby stock trades at the bottom of the page.
Charles M. Sonsteby serves as Independent Chairman of the Board of the Company. Mr. Sonsteby is the retired Vice Chairman of The Michaels Companies, Inc., the largest arts and crafts specialty retailer in North America and parent company of Michaels Stores, Inc., a role he held from June 2016 until his retirement in October 2017. He had served as CFO and Chief Administrative Officer of that company and its predecessor from 2010 to 2016. Prior to that, Mr. Sonsteby served as the CFO and Executive Vice President of Brinker International, Inc., a casual dining restaurant company, from 2001 to 2010. He joined Brinker in 1990 as Director of the Tax, Treasury and Risk Management departments and thereafter served in various capacities, including as Senior Vice President of Finance from 1997 to 2001 and as Vice President and Treasurer from 1994 to 1997.
As the Independent Chairman of the Board of Darden Restaurants, the total compensation of Charles Sonsteby at Darden Restaurants is $331,235. There are 11 executives at Darden Restaurants getting paid more, with Eugene Lee having the highest compensation of $8,688,710.
Charles Sonsteby is 66, he's been the Independent Chairman of the Board of Darden Restaurants since 2016. There are 1 older and 21 younger executives at Darden Restaurants. The oldest executive at Darden Restaurants, Inc. is Nana Mensah, 68, who is the Independent Director.
Charles's mailing address filed with the SEC is 100 VALVOLINE WAY, SUITE 100, LEXINGTON, KY, 40509.
Over the last 22 years, insiders at Darden Restaurants have traded over $695,366,627 worth of Darden Restaurants stock and bought 141,233 units worth $8,774,171 . The most active insiders traders include Peter A Feld, Jeffrey C Smith a Eugene I Jr Lee. On average, Darden Restaurants executives and independent directors trade stock every 18 days with the average trade being worth of $5,542,360. The most recent stock trade was executed by Laura B Williamson on 29 July 2024, trading 1,414 units of DRI stock currently worth $222,620.
darden is a restaurant company featuring a portfolio of differentiated brands that include olive garden, longhorn steakhouse, cheddar's scratch kitchen, yard house, the capital grille, seasons 52, bahama breeze and eddie v's. our people equal our success, and we are proud to employ 165,000 team members in more than 1,600 restaurants. together, we create memorable experiences for 380 million guests each year in communities across north america.
Darden Restaurants executives and other stock owners filed with the SEC include: