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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
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Founder And CeoLbb Growth PartnersOrlando, Fl, Us -
Independent Trustee (Board Member), Chair Of Compensation CommitteeService Properties Trust Feb 2020 - PresentNewton, Massachusetts, United StatesService 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. -
Founder And CeoLbb Growth Partners 2017 - PresentOrlando, Florida AreaFounded 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.
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Board AdvisorSalon Lofts Sep 2022 - Mar 2024A portfolio company of Audax Private Equity, Salon Lofts is the leading salon suite rental concept with 245+ units and thousands of Loft Owners. -
Chief Development Officer (Cdo)Darden Jan 2014 - 2016Reporting 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. -
Svp, Strategic Platform And DevelopmentDarden Aug 2012 - Jan 2014Led 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. -
President, Bahama BreezeDarden Mar 2003 - Aug 2012Darden’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. -
Chief Development Officer (Cdo)Darden Restaurants Sep 2000 - Feb 2003Led 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. -
Vice President, Red Lobster DevelopmentDarden Apr 1999 - Aug 2000Orlando, Florida Area -
Independent ConsultantWybridge Holdings Limited (Kfc Franchisee In China) Oct 1998 - Mar 1999Hong Kong
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Regional Vice President - DevelopmentHomestead Village, Inc. (Extended Stay Hotel Company) 1995 - 1998Atlanta, Ga
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Director Of Real EstateApple South, Inc. (Largest Applebee'S Franchisee At The Time) 1994 - 1995Madison, Ga
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Director Of Real EstateTaco 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
Laurie Burns Education Details
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Finance -
Finnace And Real Estate
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.
What is Laurie Burns's email address?
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What is Laurie Burns's direct phone number?
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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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