Darden Restaurants Inc.’s top executive could face off against the company’s shareholders come September. New York-based activist investor Barington Capital Group LP has proposed that the Orlando-based restaurant firm’s board pass a resolution to name an independent board chairman, thereby unseating Darden Chairman and CEO Clarence Otis Jr. as a director, according to a document obtained by Orlando Business Journal. Barington said in the document that having the company CEO also serve as…
Reported by bizjournals 11 hours ago.
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