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Clarence Otis Jr
Clarence Otis Jr Net Worth is 12.9 $Million. Clarence Otis, Jr. ( born April 11, 1956 in Vicksburg, Mississippi, USA) is an American businessman and CEO of Darden Restaurants. Otis was named the 11th. Clarence Otis, Jr. ( born April 11, 1956 in Vicksburg, Mississippi, USA) is an ...

Clarence Otis Jr Net Worth is 12.9 $Million.

Clarence Otis Jr Net Worth is 12.9 $Million. Clarence Otis, Jr. is an American businessman and CEO of Darden Restaurants. Otis was named the 11th Clarence Otis, Jr. is an American businessman and CEO of Darden Restaurants. Otis was named the 11th most powerful person in Central Florida by the Orlando Sentinel in 2010.
Otis was born in Vicksburg, Mississippi on April 11, 1956 to Clarence Otis, a janitor and Calanthus Hall Otis, a homemaker. He moved with his family to Los Angeles where he grew up in Watts, at the height of the civil unrest of the 1960s.
He gained a scholarship into Williams College in Massachusetts, where he majored in Economics and Political Science. He graduated magna cum laude in 1977, receiving the school's Political Science writing prize and Phi Beta Kappa recognition in his senior year. Otis then moved on to Stanford University Law School in California, earning his Law degree in 1980.
He worked in the field of corporate law, specializing in the fields of securities law and mergers and acquisitions. He started out with the firm Donovan, Leisure, ...
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Clarence Otis Jr Latest News

CEOs' Test: Contending With Activist Investors

The stock's gains since then have earned him nearly $2 billion. Other CEOs found the door. Clarence Otis Jr. of Darden Restaurants Inc. announced his retirement in July under criticism from investment firm Starboard Value LP. In 2012, Scott Thompson exited ...
Posted: November 25, 2014, 5:35 pm

Clarence Otis Jr. Interview

In the June 7th New York Times there was an interview with Clarence Otis Jr., CEO of Darden Restaurants (Red Lobster, Olive Garden & Capital Grille - talk about diversity!)that I found intriguing because of his answers to 2 questions: 1 - Good piece of ...
Posted: June 11, 2009, 5:00 pm

VF Corp Director Clarence Otis, Jr. Sells 22,852 Shares (VFC)

VF Corp (NYSE:VFC) Director Clarence Otis, Jr. sold 22,852 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $73.83, for a total value of $1,687,163.16. Following the sale, the director now ...
Posted: November 25, 2014, 10:49 am

CEO Interview: Darden Restaurants' Clarence Otis Jr.

Olive Garden's troubles are a rare case of indigestion for Darden and the firm's boss, Clarence Otis Jr. Since Otis took the helm in late 2004, Darden has revived its other big eatery, Red Lobster; bought other chains (LongHorn Steakhouse, The Capital ...
Posted: January 2, 2012, 5:49 pm

Darden investor responds to ‘overdue’ resignation of CEO Clarence Otis Jr.

The restaurant world is still reeling from the announcement that Darden Restaurants Inc. Chairman and CEO Clarence Otis Jr. is stepping down as top executive — but activist investor Starboard Value LP called the change “overdue.” Darden (NYSE: DRI ...
Posted: July 29, 2014, 12:53 pm
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