Clarence Otis Jr.
Darden Restaurants Inc. on Monday said Clarence Otis Jr. would be stepping down this year from both the chairman and chief executive roles of the casual-dining operator. Orlando, Fla.-based Darden’s board appointed lead independent director Charles A. Ledsinger Jr., who has served since 2005, as independent non-executive chairman of the board, effective immediately. The company said it was also splitting the roles, which activist investors had urged in the wake of the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?