Thursday, October 11, 2012

Darden Restaurants CEO Clarence Otis Jr., announces plans to combine some Olive Garden, Red Lobster restaurants

Clarence Otis Jr., CEO of Darden Restaurants. PHOTO/Allison Shirreffs

Darden Restaurants CEO Clarence Otis Jr., believes that his company is on track to achieving higher profits. The company has already began to combine its' two biggest segments (the Olive Garden and Red Lobster) "under one roof".

Darden Restaurants, whose other segments include LongHorn Steakhouse and Capital Grille, recently showed modest improvements in financial performance:

First quarter results for the new

More details here...

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