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May 23, 2015 12:18 AM ET

Hotels, Restaurants and Leisure

Company Overview of Darden Restaurants, Inc.

Executive Profile

Clarence Otis Jr.

Former Chief Executive Officer and Chairman of Executive Committee, Darden Restaurants, Inc.
AgeTotal Calculated CompensationThis person is connected to 3 Board Members in 3 different organizations across 8 different industries.

See Board Relationships
58$6,980,147
As of Fiscal Year 2014

Background

Mr. Clarence Otis, Jr. served as the Chief Executive Officer of Darden Restaurants Inc. and Red Lobster Seafood Co., LLC from November 29, 2004 to October 14, 2014. Mr. Otis joined Darden Restaurants in 1995 as Vice President and Treasurer and also served as its Senior Vice President of Investor Relations from July 1997 to August 1998, Senior Vice President of Finance from August 1998 to December 1999, Senior Vice President from December 1999 to April 2002, Chief Financial ...

Corporate Headquarters

1000 Darden Center Drive
Orlando, Florida 32837

United States

Phone: 407-245-4000
Fax: --

Board Members Memberships

Former Director
Director
2002-N/A
Director and Member of Audit Committee
2002-N/A
Former Director, Member of Audit Committee and Member of Risk Committee
2004-Present
Director, Chairman of Nominating & Governance Committee and Member of Audit Committee
2004-2014
Former Chief Executive Officer and Chairman of Executive Committee
2006-Present
Independent Director, Chairman of Human Resources Committee, Member of Audit Committee and Member of Finance Committee

Education

BA 1977
Williams College
JD 1980
Stanford University Law school

Other Affiliations

Annual Compensation

Salary$1,204,512
Total Annual Compensation$1,204,512

Stocks Options

Restricted Stock Awards$1,785,803
All Other Compensation$430,296
Exercised Options$80,000
Exercised Options Value$2,617,392
Exercisable Options$1,138,106
Exercisable Options Value$16,605,081
Unexercisable Options$792,007
Unexercisable Options Value$1,127,509
Total Value of Options$20,349,982
Total Number of Options$2,010,113

Total Compensation

Total Annual Cash Compensation$2,367,152
Total Short Term Compensation$1,204,512
Other Long Term Compensation$2,216,099
Total Calculated Compensation$6,980,147
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Philippe Salle Chairman and Chief Executive Officer
Elior
--
Wyman T. Roberts Chief Executive Officer, President, Director and President of Chili's Grill & Bar
Brinker International, Inc.
$889.6K
Sandra Brophy Cochran Chief Executive Officer, President, Director and Member of Executive Committee
Cracker Barrel Old Country Store, Inc.
$955.0K
Alistair William Darby Chief Executive, Director and Chairman of Executive Committee
Mitchells & Butlers plc
$531.0K
Elizabeth A. Smith Esq.Chairman, Chief Executive Officer and President
Bloomin' Brands, Inc.
$995.2K
Compensation as of Fiscal Year --.

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