Chairman and chief executive, Darden Restaurants Inc. Darden Restaurants, one of the largest full-service restaurant companies in the industry, is at a crossroad. Looking to spin off or sell its 705-unit Red Lobster chain — with activist investors on the attack no less — and to navigate through late 2013 job cuts and years of same-store sales declines at its largest chains, Darden is on everyone’s watch list for 2014. Clarence Otis, the company’s head since 2004, ...
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Contact: Desiree Torres Desiree.Torres@penton.com