Oct 14 (Reuters) - Darden Restaurants Inc said Chief Operating Officer Gene Lee would take over as its interim chief executive, replacing Clarence Otis .
the Board. Smith is the CEO and Chief Investment Officer at Starboard. Gene Lee will be the interim CEO to replace Clarence Otis , effective immediately. Lee previously served as the company's COO. Post your comment!
operator. In an interesting twist, Chairman Charles Ledsinger is giving the presentation for the company instead of CEO Clarence Otis who is MIA , according to an Orlando Sentinel reporter. Most analysts thinks Starboard will triumph in the proxy battle
July 28 (Reuters) - Darden Restaurants Inc said Clarence Otis would step down as chairman and chief executive, buckling under pressure from activist investors Barington Capital Group LP and Starboard...
On Monday, no-moat Darden announced that chairman and CEO Clarence Otis will be stepping down, and the roles of chairman and CEO will be separated. Otis will serve as CEO until either his successor