Laurie Burns

Laurie Burns Email and Phone Number

Founder and CEO @ LBB Growth Partners
Orlando, FL, US
Laurie Burns's Location
Orlando, Florida, United States, United States
Laurie Burns's Contact Details

Laurie Burns work email

Laurie Burns personal email

n/a
About Laurie Burns

Board Member, Division President, and C-Suite executive officer with 30+ years of experience in the restaurant and hospitality industry and a record of success leading a business unit and accelerating growth. Expertise in various business models and capital allocation strategies, real estate development strategy and implementation, turnarounds, and enhancing operational execution/brand positioning.Select AccomplishmentsAs Chief Development Officer for Darden Restaurants (2014 – 2016), optimized real estate value; completed spin-off of 424 properties into a separate, publicly traded REIT (NYSE: FCPT) and sold 64 properties individually as sale leasebacks which enabled retirement of ~$1Bn of debt. As SVP, Specialty Restaurant Group Strategic Platform & Development (2012 – 2014), drove total sales growth of 58% in 2013 (including the Yard House acquisition) and 25% in 2014 by opening 24 and 27 new restaurants respectively across the SRG brands. As President of Darden’s Bahama Breeze business unit (2003-2012), was charged with the brand’s turnaround at a time when sales were declining and operating losses were widening. Quickly achieved profitability (contributing 25% of Darden’s operating profit growth in year two) and improved restaurant-level returns by 500+ basis points by clarifying the brand positioning and enhancing operational execution, enabling accelerated growth of the business.As Darden’s most senior gay leader, she also co-led the formation of the Pride Alliance (LGBTQ+ employee resource group) and served as its Executive Advisor (2010-2013).Responsible for the opening of over 600 restaurants (QSR through fine dining) and 27 limited service hotels. Specialties: turnaround, P&L, transformational leadership, division president, brand positioning, real estate, development, strategy, brand positioning, REIT, sale lease backs

Laurie Burns's Current Company Details
LBB Growth Partners

Lbb Growth Partners

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Founder and CEO
Orlando, FL, US
Employees:
3
Laurie Burns Work Experience Details
  • Lbb Growth Partners
    Founder And Ceo
    Lbb Growth Partners
    Orlando, Fl, Us
  • Service Properties Trust
    Independent Trustee (Board Member), Chair Of Compensation Committee
    Service Properties Trust Feb 2020 - Present
    Newton, Massachusetts, United States
    Service Properties Trust (Nasdaq: SVC) is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada with 185 distinct brands across 24 industries.
  • Lbb Growth Partners
    Founder And Ceo
    Lbb Growth Partners 2017 - Present
    Orlando, Florida Area
    Founded following retirement from Darden Restaurants, LBB Growth Partners is a real estate advisory firm which collaborates with restaurant and hospitality businesses to maximize their growth potential. LBB Growth Partners develops the real estate growth strategy, activates pipeline development and optimizes team and organizational capabilities.
  • Salon Lofts
    Board Advisor
    Salon Lofts Sep 2022 - Mar 2024
    A portfolio company of Audax Private Equity, Salon Lofts is the leading salon suite rental concept with 245+ units and thousands of Loft Owners.
  • Darden
    Chief Development Officer (Cdo)
    Darden Jan 2014 - 2016
    Reporting to the CEO, led Darden’s real estate development strategy and implementation while serving as member of Darden’s Executive Team. Directed Real Estate Research and Strategic Planning, Real Estate Site Selection and Development, Design and Construction, Asset Management, Facilities Management and Remodels for Darden and its multiple billion dollar brands.
  • Darden
    Svp, Strategic Platform And Development
    Darden Aug 2012 - Jan 2014
    Led Darden’s SRG (Capital Grille, Seasons 52, Bahama Breeze, Eddie V’s and Yard House) development growth pipeline, key initiatives and projects. At a critical time in the growth of the Specialty Restaurant Group, tasked with leveraging real estate strategy and development expertise (newly created role). Partnered with each brand president to maximize growth opportunity by refining/evolving real estate strategy and building design.
  • Darden
    President, Bahama Breeze
    Darden Mar 2003 - Aug 2012
    Darden’s 37-unit Caribbean-inspired restaurant brand with annual revenue of $212 million.Charged with the brand’s turnaround at a time when sales were declining and operating losses were widening. Quickly achieved profitability (contributing 25% of Darden’s operating profit growth in year two) and improved restaurant-level returns by 500+ basis points by clarifying the brand positioning and enhancing operational execution.
  • Darden Restaurants
    Chief Development Officer (Cdo)
    Darden Restaurants Sep 2000 - Feb 2003
    Led real estate, market development, asset management, restaurant remodels, facilities, design and construction for all Darden operating companies (Red Lobster, Olive Garden, Bahama Breeze and Smokey Bones at that time), reported to the CEO, and served on the Darden Executive Management Team.
  • Darden
    Vice President, Red Lobster Development
    Darden Apr 1999 - Aug 2000
    Orlando, Florida Area
  • Wybridge Holdings Limited (Kfc Franchisee In China)
    Independent Consultant
    Wybridge Holdings Limited (Kfc Franchisee In China) Oct 1998 - Mar 1999
    Hong Kong
  • Homestead Village, Inc. (Extended Stay Hotel Company)
    Regional Vice President - Development
    Homestead Village, Inc. (Extended Stay Hotel Company) 1995 - 1998
    Atlanta, Ga
  • Apple South, Inc. (Largest Applebee'S Franchisee At The Time)
    Director Of Real Estate
    Apple South, Inc. (Largest Applebee'S Franchisee At The Time) 1994 - 1995
    Madison, Ga
  • Taco Bell
    Director Of Real Estate
    Taco Bell 1986 - 1994
    • Real Estate Manager, Ft Lauderdale, FL and Atlanta, GA (1986 – 1989)• Corporate Manager of Site Analysis, Irvine, CA (1990)• Director of Real Estate, Marlton, NJ (1991 – 1994)

Laurie Burns Skills

Restaurants Development

Laurie Burns Education Details

Frequently Asked Questions about Laurie Burns

What company does Laurie Burns work for?

Laurie Burns works for Lbb Growth Partners

What is Laurie Burns's role at the current company?

Laurie Burns's current role is Founder and CEO.

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What schools did Laurie Burns attend?

Laurie Burns attended University Of Florida, University Of Florida.

What skills is Laurie Burns known for?

Laurie Burns has skills like Restaurants, Development.

Who are Laurie Burns's colleagues?

Laurie Burns's colleagues are Victoria Buerk, Yogesh Naidu, Tahera Nazim.

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