Presently, Clarence Otis is Member of The Business Roundtable.

He is also Chairman at Jazz At Lincoln Center, Inc., Member of The Business Council, Member of The Horatio Alger Association of Distinguished Americans, Member of New York State Bar Association and Member of Executive Leadership Council, Inc. and on the board of 20 other companies.

In the past Mr. Otis held the position of Chairman & Chief Executive Officer for Darden Restaurants, Inc., Assistant Vice President-Public Finance at Kidder, Peabody & Co., Inc., President, Chief Financial Officer & Executive VP at Smokey Bones Barbeque & Grill, Vice President-Public Finance at First Boston Corp. and Managing Director & Manager-Public Finance at Chemical Securities, Inc.

Mr. Otis received an undergraduate degree from Williams College and a graduate degree from Stanford Law School.