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Intro | American businessman | ||||||
Places | United States of America Sweden Norway | ||||||
was | Businessperson | ||||||
Work field | Business | ||||||
Gender |
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Birth | 9 September 1922, Dayton, Montgomery County, Ohio, USA | ||||||
Death | 1 August 2001Oslo, Oslo Municipality, Norway (aged 78 years) | ||||||
Star sign | Virgo | ||||||
Education |
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Biography
Stuart C. Davidson (September 9, 1922 – August 1, 2001) was an American businessman known for being the founder of the Clyde's of Georgetown restaurant in Georgetown, Washington, D.C. and the Clyde's Restaurant Group which owns and operates multiple restaurants in the Washington metropolitan area.
Biography
Davidson was born in Dayton, Ohio and grew up in Washington, D.C., graduating from St. Albans School. He attended Harvard College, with a two-year break during World War II when he served as a United States Army Air Forces pilot. He also earned a Master of Business Administration from Harvard Business School and worked as an investment banker for Kidder, Peabody & Co. and Wertheim & Co..
In 1963, Davidson opened Clyde's in Georgetown, shortly after the liquor laws in Washington, D.C. were loosened to permit service of hard liquor to patrons standing at bars. The restaurant was immediately profitable, and Davidson partnered with a former Clyde's dishwasher, John G. Laytham, to expand the business to Clyde's Restaurant Group, opening five more Clyde's restaurants, purchasing the Old Ebbitt Grill, and opening several more restaurants in the Washington metropolitan area.
Davidson died of complications from acute myeloid leukemia at a hospital in Oslo, Norway on August 1, 2001.