Clarence otis jr. biography
Bradley later became board director of the Greater Orlando Aviation Authority. But, he told Jerry W. The barely year-old Otis became a vice president at First Boston Corporation in 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 and , and as a vice president and later managing director in Chemical Bank's securities arm between and In , Otis was recruited by Darden Restaurants in Orlando for the post of treasurer, overseeing finance activities for the 1,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. Indeed, while Otis supervised a staff of six, his decisions had companywide 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 and chief financial officer in 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.
Lee, who opened the first Red Lobster restaurant in Florida in , approached retirement.
Clarence otis jr ceo
Otis was named Lee's successor as CEO in He spoke of holding to Lee's cautious, research-driven approach, telling Susan Strother Clarke of the Orlando Sentinel that "This is not a gut-driven business. Career: First Boston Corp. In , Otis was recruited by Darden Restaurants in Orlando for the post of treasurer, overseeing finance activities for the 1,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. Indeed, while Otis supervised a staff of six, his decisions had companywide 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 and chief financial officer in 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.
Lee, who opened the first Red Lobster restaurant in Florida in , approached retirement.
Otis was named Lee's successor as CEO in He spoke of holding to Lee's cautious, research-driven approach, telling Susan Strother Clarke of the Orlando Sentinel that "This is not a gut-driven business. Career: First Boston Corp. Otis remembers that turbulent week. They set up campsites throughout our area. I saw a lot of looting and fires. I knew we were considered to be at a disadvantage to live in Watts, but my family never focused on the negative side of the coin.
You cannot be a prisoner of the circumstances into which you were born. You have to realize that the entire world is your playing field, not just your neighborhood. Unless the odds are percent negative, then someone is making it. Even if it's 70 percent against you, there are 30 percent who have done well.
You have to assume that is you. I was taught to focus on the right side of the probability. In , President Lyndon B. As teenagers participating in those programs, Otis and his siblings were exposed to nationally renowned artists who gave free lessons as well as actors who helped with stage productions. Otis became a counselor for the Neighborhood Youth Corps, helping with recreational programs for children.
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 was named Lee's successor as CEO in Otis and his wife Jacqueline Bradley b. Contents move to sidebar hide.
Clarence otis jr. biography
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The story of Clarence Otis Jr. - Shawn P. Williams: Clarence Otis Jr. (born April 11, , in Vicksburg, Mississippi, United States) is an American businessman and former CEO and chairman of Darden Restaurants. Otis was named the 11th most powerful person in Central Florida by the Orlando Sentinel in
Wikidata item. American businessman. This biography of a living person needs additional citations for verification.