Tag Archive | Clarence Otis Jr.

Darden Announces Comprehensive Plan to Enhance Shareholder Value

Darden Restaurants, Inc. (NYSE: DRI) announced today that its Board of Directors has approved a comprehensive plan to enhance shareholder value, address changing industry dynamics in the casual dining sector and leverage the benefits of the Company’s position as the premier casual dining restaurant company.  The elements of this comprehensive […]

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Black Friday and Cyber Monday Deals at Red Lobster & LongHorn Steakhouse Help Shoppers Kick-Off the Holiday Season

Red Lobster and LongHorn Steakhouse are featuring Black Friday meal deals and Cyber Monday e-gift card offers to help shoppers fuel up for a day at the mall, and give them a head start on holiday shopping. The Black Friday meal promotions are as follows: Red Lobster: Guests can add […]

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Kids Eat Free Halloween Week at Olive Garden, Red Lobster and LongHorn Steakhouse

Olive Garden, Red Lobster and LongHorn Steakhouse are helping families feed their hungry little ones before neighborhood Halloween parties or a night of trick or treating. The three restaurants are offering Kids Eat Free deals Halloween week: Olive Garden and LongHorn Steakhouse: From Oct. 28 – Oct. 31, free kids […]

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Darden Restaurants Announces Leadership Changes; COO Drew Madsen To Retire

Darden Restaurants, Inc. (NYSE: DRI) today announced that Drew Madsen, Darden’s President and Chief Operating Officer, has decided to retire from Darden at the end of the company’s fiscal second quarter.  He will be succeeded, effective immediately, by Gene Lee, who currently serves as the President of Darden’s Specialty Restaurant […]

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Darden Announces Brand President and Marketing Leadership Appointments

Darden Restaurants, Inc. (NYSE: DRI) today announced the appointments of new brand presidents at Olive Garden and LongHorn Steakhouse, as well as a new Chief Marketing Officer.  The following leaders will report to Drew Madsen , Darden’s President and Chief Operating Officer, effective January 14. Dave George has been named […]

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Darden Restaurants CEO Clarence Otis Jr. has a lot on his plate

The gig: Chairman and chief executive of Darden Restaurants Inc., which operates Olive Garden, Red Lobster and other sit-down casual-dining chains. Raised in Los Angeles, Otis, 54, has spent the last 15 years with the Orlando, Fla., concern and helped guide it through boom times and two recessions. He is […]

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