Breaking: Darden’s Clarence Otis resigns as chairman and CEO, new independent chairman named
July 28, 2014 at 16:50 PM EDT
Darden Restaurants Inc.'s top executive will no longer be with the company. Clarence Otis Jr. announced on July 28 that he is stepping down as the Orlando-based restaurant company’s chairman and CEO — something activist investors had been calling for for several months...