United States

People: Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

22 Mar 2017
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Otis, Clarence 

Mr. Clarence Otis, Jr. , is an Independent Director of Verizon Communications Inc. Mr. Otis is the former Chairman and Chief Executive Officer of Darden Restaurants, Inc, the largest company - owned and operated full-service restaurant company in the world. He served as CEO of Darden Restaurants from 2004 to 2014 and as Chairman from 2005 to 2014. After joining Darden in 1995 as Vice President and Treasurer, Mr. Otis served in a number of positions of responsibility, including Chief Financial Officer, Executive Vice President, and President of Smokey Bones Barbeque & Grill, a restaurant concept formerly owned and operated by Darden. Mr. Otis has served as a director of VF Corporation since 2004. In the past five years, he also served as a class B director of the Federal Reserve Bank of Atlanta.

Basic Compensation

Total Annual Compensation, USD 134,833
Restricted Stock Awards, USD 150,000
Long-Term Incentive Plans, USD --
All Other, USD 8,217
Fiscal Year Total, USD 293,050

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --