The Digital Conglomerate Magazine Inc - December 2013 Issue | Page 6

Hospitality Industry Review…
Hospitality companies which cater to business professionals as their customers
often pay special attention their service and dining atmosphere. A business is only
as good as the service that it provides. Darden is a company made up of largely
known restaurant chains, and they provide a customer experience like non other.
It is really not by chance that an individual looking to grab a bite and have a
business meeting, or just having a family gathering would be a proper thing to do
at any of the Darden establishments.
Restaurants like Longhorn Steakhouse and the Olive Garden are pretty much
favorites for many, across the board. Service is excellent, food is spectacular, and
the pricing is fair. In every way the customer gets what he or she is paying for.

Clarence Otis Jr.
Chairman of the Board and Chief Executive Officer

Clarence Otis Jr. has served as Chief Executive Officer of Darden
Restaurants since November 2004 and Chairman of Darden’s Board of
Directors since November 2005.
Darden is the world's largest full-service restaurant operating company with annual sales of more than $8.5 billion. The
company owns and operates more than 2,100 Red Lobster, Olive Garden, LongHorn Steakhouse, Bahama Breeze,
Seasons 52, The Capital Grille, Eddie V’s and Yard House restaurants in North America, employs more than 200,000
people and serves more than 425 million meals annually. In 2013, Darden was named to the FORTUNE “100 Best
Companies to Work For” list for the third year in a row.
Clarence, 57, started at Darden in 1995, joining the company as Vice President and Treasurer and progressing to the
position of Chief Financial Officer several years later. Prior to joining Darden, Clarence served as Managing Director
and Manager of Public Finance for Chemical Securities, Inc. (now JP Morgan Securities, Inc.), capping an eleven year
career in investment banking.
A member of the New York Bar Association, Clarence earned a Juris Doctor degree from
Stanford Law School and worked as a securities attorney in New York City for four years prior to beginning his career in
financial services. He earned a bachelor’s degree, magna cum laude, f &??v????26???VvR??v????7F?v???72???v?W&R?Rv2V?V7FVB?V?&W"?bF?R??&WF?6?6?WG???R7W'&V?F?6W'fW22?V?&W"?bF?R66????( ?0?&?&B?bG'W7FVW2?6?&V?6R?6?6W'fW2??F?R&?&B?bF?&V7F?'2?bdb6?'?&F????fW&????6???V??6F???2???2???BF?RfVFW&?&W6W'fR&???bF??F??#"?6?&V?6R&V6V?fVBF?R??FW&?F????f??G6W'f?6R??Vf7GW&W'276?6?F???w2??d??6??fW"?FRv&Bv??6??&V6?v?W2?WG7F?F??r6??WfV?V?B?B????fF?????F?Rf??G6W'f?6R??GW7G'???B???#r??Rv2&W6V?FVBv?F????&F???vW"v&B?B??GV7FVB2?fWF??R?V?&W"?bF?R??&F???vW"76?6?F????bF?7F??wV?6?VB?W&?6?2?