Explore Clarence Otis Jr. net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Clarence Otis Jr.? Who is Clarence Otis Jr. dating now & how much money does Clarence Otis Jr. have?
| Name | Clarence Otis Jr. |
| First Name | Clarence |
| Last Name | Jr. |
| Occupation | CEO |
| Birthday | April 11 |
| Birth Year | 1956 |
| Place of Birth | Vicksburg |
| Home Town | Mississippi |
| Birth Country | United States |
| Birth Sign | Aries |
| Full/Birth Name | |
| Father | Not Available |
| Mother | Not Available |
| Siblings | Not Available |
| Spouse | Not Known |
| Children(s) | Not Available |
Clarence Otis Jr. Biography
Clarence Otis Jr. is one of the most popular and richest CEO who was born on April 11, 1956 in Vicksburg, Mississippi, United States.
Clarence Otis Jr. (born April 11, 1956 in Vicksburg, Mississippi, United States) is an American businessman and former CEO of Darden Restaurants. Otis was named the 11th most powerful person in Central Florida by the Orlando Sentinel in 2010.
Otis and his wife Jacqueline Bradley (b. 1958) were married in 1983 and have raised three children. His son, Calvin (b. 1989), graduated from Columbia University in Spring 2011, where he was a member of the football team.
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.
Clarence Otis Jr. Net Worth
Clarence is one of the richest CEO from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Clarence Otis Jr.'s net worth $5 Million. (Last Update: January 13, 2024)
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | CEO |
| Cars | Not Available |
| House | Living in own house. |
In 1995, Otis was recruited by Darden Restaurants in Orlando for the post of treasurer, overseeing finance activities for the 1,200-restaurant chain. He correctly assessed Darden as a company on the rise as its “casual dining” market niche—high-volume sit-down restaurants a step above fast food in terms of quality—was growing rapidly. His biggest motivator, however, seemed once again to be the opportunity to acquire a new skill set. Otis came to the company in the final stages of its spin-off from food giant General Mills.
Indeed, while Otis supervised a staff of six, his decisions had company wide ramifications as Darden acquired new sites and financed new buildings all over the country; the chain owns its restaurants rather than franchising them to independent entrepreneurs. He ascended the corporate ladder at Darden, becoming senior vice president of finance in 1997 and chief financial officer in 1999. As the chain shuttered its struggling China Coast restaurants and opened new ventures such as the casual sports-bar barbecue Smokey Bones and the Caribbean-themed Bahama Breeze, Otis impressed his bosses at Darden with his ability to master and apply new skills.
Ethnicity, religion & political views
Many peoples want to know what is Clarence Otis Jr. ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Clarence Otis Jr.'s ethnicity is Not Known. We will update Clarence Otis Jr.'s religion & political views in this article. Please check the article again after few days.
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.
Who is Clarence Otis Jr. Dating?
According to our records, Clarence Otis Jr. is possibily single & has not been previously engaged. As of January 13, 2024, Clarence Otis Jr.’s is not dating anyone.
Relationships Record: We have no records of past relationships for Clarence Otis Jr.. You may help us to build the dating records for Clarence Otis Jr.!While CEO of Darden Restaurants in 2010, Otis earned a total compensation of $7,656,703, which included a base salary of $946,800, a cash bonus of $1,673,900, stocks granted of $1,783,697, options granted of $2,879,930, and other compensation totaling $372,376.
Height, Weight & Body Measurements
Clarence Otis Jr. height Not available right now. Clarence weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
As longtime Darden CEO Joe L. Lee, who opened the first Red Lobster restaurant in Florida in 1967, approached retirement, Otis was widely regarded as a protégé of Lee, and after one of his top rivals left for a top position with Burger King, his way was clear. Otis was named Lee’s successor as CEO in 2004.
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, Newton & Irvine and moved on to Gordon, Hurwitz, Butowsky, Weitzen, Shalov & Wein. From the start he ran with a high-flying crowd; one of his clients was famed financier Carl Icahn. But, he later on remarked, “I thought the finance side was more exciting than the law, so I moved to an investment banking firm”—Kidder, Peabody & Co. The barely 30-year-old Otis became a vice president at First Boston Corporation in 1987. In this job he got his first exposure to Florida’s booming economy as he worked on real estate deals there. He became interested in public and government finance, serving as managing director of Giebert Municipal Capital in 1990 and 1991, and as a vice president and later managing director in Chemical Bank’s securities arm between 1991 and 1995. He played a key part in turning around the bank’s struggling public finance division, shepherding funding of $2.6 billion for tax-exempt pollution-control projects and participating a $208 million New York City bond issue that was named deal of the year by Institutional Investor magazine.
Top Facts about Clarence Otis Jr.
Facts & Trivia
Clarence Ranked on the list of most popular CEO. Also ranked in the elit list of famous people born in United States. Clarence Otis Jr. celebrates birthday on April 11 of every year.
You may read full biography about Clarence Otis Jr. from Wikipedia.ncG1vNJzZmiZnKGzornOrqqboaKptaWt2GeaqKVfmLmivsSnmp5ln6m2tHnJq2Y%3D