Stuart C. Davidson

American businessman
The basics

Quick Facts

IntroAmerican businessman
PlacesUnited States of America Sweden Norway
wasBusinessperson
Work fieldBusiness
Gender
Male
Birth9 September 1922, Dayton, Montgomery County, Ohio, USA
Death1 August 2001Oslo, Oslo Municipality, Norway (aged 78 years)
Star signVirgo
Education
Harvard Business School
Harvard College
The details

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.

The contents of this page are sourced from Wikipedia article on 19 Aug 2020. The contents are available under the CC BY-SA 4.0 license.