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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

Our libraries need help; rich could provide it

Clarence Otis Jr., a janitor’s son and former chief executive of Darden Restaurants, had “read nearly every novel and biography” at his neighborhood library branch by the ninth grade, according to Dennis P. Kimbro’s “The Wealth Choice ...
Posted: April 15, 2017, 10:26 pm

Battle Over Darden Leaves Little Room for Compromise

Can Clarence Otis Jr., the chief executive of Darden Restaurants, save himself by cutting off his claws? That’s the question raised by the announcement that Darden, which owns the Red Lobster and Olive Garden chains, plans to sell Red Lobster for $2.1 ...
Posted: May 19, 2014, 10:17 pm

Red Lobster sold to Golden Gate for $2.1B

Clarence Otis Jr. is throwing Red Lobster overboard — and could soon face a mutiny. Despite fierce protests from activist shareholders, the embattled chairman and CEO of Darden Restaurants pushed through a deal to sell the struggling 706-location seafood ...
Posted: May 16, 2014, 1:41 am

Clarence Otis

Clarence Otis, Jr. is an American businessman and was named the 11th most powerful person in Central Florida by the Orlando Sentinel in 2010. Prior to working with Darden, in 1987 at just barely 30 years of age, Otis was vice president at First Boston ...
Posted: December 4, 2012, 7:56 am

Super-rich can help public libraries

Clarence Otis Jr., a janitor's son and former chief executive of Darden Restaurants, had "read nearly every novel and biography" at his neighborhood library branch by the ninth grade, according to Dennis P. Kimbro's The Wealth Choice: Success Secrets of ...
Posted: April 16, 2017, 12:10 am
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