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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

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

Darden shareholders vote in all new Starboard-nominated board

Darden's current CEO, Clarence Otis, Jr., has served in that position since November 2004. The stock rose 1.4% in morning trade Friday. It has now lost 8% year to date, compared with a 4.5% gain gain in the S&P 500. Darden had faced continued pressure from ...
Posted: October 10, 2014, 5:04 pm

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, 8:15 am

Darden CEO Clarence Otis to step down

July 28 (Reuters) - Darden Restaurants Inc said Clarence ... Otis, who has been at the helm for a decade, will remain as CEO until a successor is appointed or until year-end. Darden said it appointed independent lead director, Charles Ledsinger Jr as ...
Posted: July 28, 2014, 2:05 pm

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
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