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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

TheGrio's 100: Clarence Otis Jr, serving 400 million meals a year

Long before developers broke ground on a new $150 million shopping center near Richmond, Va., they surveyed residents to discern their dining preferences. Red Lobster and Olive Garden topped the list. The developers, whose other properties tended to be in ...
Posted: February 24, 2010, 9:02 pm

Darden’s new CEO: 4 potential candidates ideal for the role

Darden Restaurants Inc. is gearing up to finalize a whole new slate of board members, and much of their focus initially is expected to be on finding a replacement for CEO Clarence Otis Jr. “It’s a fixable company,” Kalinowski said. “To me ...
Posted: October 10, 2014, 1:46 pm

Olive Garden Executives Parachute Away

In this case, however, nobody seems to have laughed when the spurned employee requested a big bonus. In fact, Darden CEO Clarence Otis Jr. will walk away with compensation and retirement funds worth an estimated $36 million. Under investor pressure ...
Posted: October 10, 2014, 10:06 am

Embattled Darden CEO Steps Down, Sealing Starboard Win

Clarence Otis Jr. had planned to resign before the end of the year, a move apparently fast-tracked by Starboard's head-turning shakeup. Almost exactly a year after buying into Florida-based Darden, parent to Olive Garden and other chains, the activist won ...
Posted: October 14, 2014, 8:28 am

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
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