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Clarence Otis

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  • Darden keeps tax incentives even after Red Lobster sale

    Darden keeps tax incentives even after Red Lobster sale
    Darden Restaurants will get up to $7.5 million in employee-related state tax incentives for 2014 even though about 200 jobs left the company with the sale of Red Lobster.
  • Darden serves up better profits, restaurant sales

    Darden serves up better profits, restaurant sales
    Darden's turnaround under new leadership appears to be taking hold as restaurant sales were up during the past three months, even at struggling flagship Olive Garden. CEO Gene Lee said Friday that profits and sales were up at all seven restaurant...

    Once a busboy, he's now in charge at Darden

     Once a busboy, he's now in charge at Darden
    Gene Lee bussed tables at York Steak House as a teenager, lugging dishes from tables to the kitchen for the chain of cafeterias in the Northeast. Over the next 37 years, he didn't earn an undergraduate degree and changed companies only once. Last week,...

    Darden names Gene Lee as new CEO

    Darden names Gene Lee as new CEO
    Staying the course it set last fall, Darden Restaurants picked Gene Lee on Monday to lead a company trying to revive its ailing flagship Olive Garden. Lee has been running Darden as interim CEO since October, shortly after activist investor Starboard...

    More restaurant choices on way for Orlando in 2015

    Construction crews are at work on downtown Orlando's CNL Center 1, making room for the future culinary home of Lobsterfest and cheddar bay biscuits. Red Lobster is prepping for a move to its new headquarters downtown sometime early this year, as the...