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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

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 ...
Posted: July 29, 2014, 12:53 pm

Black Enterprise lists the most powerful African-American corporate board members in US

Verizon Communications’ proposed acquisition of Canadian telecoms requires input from board members such as Darden Restaurants CEO Clarence Otis Jr. Hobson, Lee, Gordon, and Otis represent the business elite responsible for oversight of some of the ...
Posted: September 11, 2013, 9:00 am

Darden Restaurants appoints interim CEO Lee to the role on a permanent basis

Lee Jr. to the post on a permanent basis ... Lee took over the CEO post from Clarence Otis. "After conducting a thorough search and reviewing numerous highly qualified candidates, it was clear that Gene was the best candidate and was the board's unanimous ...
Posted: February 23, 2015, 5:49 am

Darden CEO has too much on his plate: critics

Critics charge that Clarence Otis Jr., who heads the corporate ... faces a brewing battle with shareholders over gripes about governance. Otis, who as chairman and CEO of Darden Restaurants is currently sparring with investors over his controversial ...
Posted: May 13, 2014, 7:47 pm
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