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Clarence Otis Jr.
Darden Restaurants (DRI) |
2009 Annual Comp.
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$6,661,564
$5,501,400
$0
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Base Salary |
$992,146 |
| Cash Bonus |
$1,155,500 |
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Stock Gains
Stock Expense
Stock Granted
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$1,707,981
$1,362,875
$0
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Options Gains
Options Expense
Options Granted
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$2,492,533
$1,677,475
$0
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| Other |
$313,404 |
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FYE 5/31/09 |
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Biography
Clarence Otis, Jr., age 53, Chairman of the Board since November 2005. Our Chief Executive Officer since November 2004. Our Executive Vice President from March 2002 until November 2004 and President of Smokey Bones Barbeque & Grill?, a restaurant concept formerly owned and operated by us, from December 2002 until November 2004. Our Senior Vice President from December 1999 until March 2002, and Chief Financial Officer from December 1999 until December 2002. Joined us in 1995 as Vice President and Treasurer, and served as Senior Vice President, Investor Relations from July 1997 to August 1998, and as Senior Vice President, Finance and Treasurer from August 1998 until December 1999. Managing Director and Manager of Public Finance, Chemical Securities, Inc. (now J.P. Morgan Securities, Inc.), an investment banking firm, from 1991 to 1995.
| Board Memberships |  | Verizon Member of the Board of Directors |  | Darden Restaurants Chair of the Board |  | VF Corp Member of the Board of Directors | | Former Named Executive Positions |  | N/A | | Former Board Affiliations |  | Travelers Companies Member of the Board of Directors |  | Travelers Property Casualty Member of the Board of Directors |
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Accumulated Wealth
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Total |
$21,669,374 |
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Equity Holdings |
$19,364,699 |
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Pension Balance |
$0 |
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Deferred Comp. Balance |
$2,304,675 |
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