In 1994, Gerald Levin (1939), chairman of Time Warner (TW), openly recruited Parsons to take over as president of the company. His journey to future success was given some impetus by his girlfriend at the time, Laura Bush, who became his wife in 1968. Named president of Dime Savings Bank of New York in 1988 even though he had no previous experience in the banking industry, he masterminded a turnaround at the bank in just a few years. Richard D. Parsons, Counsel and Associate Director for Justice, Civil Rights, Drugs and Consumer Affairs: Files, 197477. 21 Mar. They have three grown children. Among his clients were such high-profile figures as Happy Rockefeller and the cosmetics queen Estee Lauder. Parsons began working at Dime during a difficult period. You cant give something to somebody to have, said Parsons in the same article. Therefore, that information is unavailable for most Encyclopedia.com content. dragon's trailer has landed and it looks incredible, Hocus Pocus Cece stylecaster trendsetters parket, Qatar World Cup 2022 Future 2022 qatar cup presentation, 2022 2023 Calendar Printable Calendar 2023 vertical printable map, trailer hocus pocus 2 film reparto Jumanji: siguiente nivel () pelicula Lauren Bush Lauren was born on June 25, 1984 in Texas, USA. In 1993 Parsons was criticized by other blacks for supporting Rudolph Giuliani in the New York City mayoral race, instead of the incumbent Democrat, black mayor David Dinkins. New York Times, May 8, 1990, p. D5; August 26, 1990, p. D5; July 7, 1994, p. D4; October 31, 1994, pp. Encyclopedia.com. Cohen, Adam. Parsons joined "Reeling Like a Bad Movie: AOL Time Warner." They have three grown children. ", Analysts wondered about the future of AOL even as Parsons continued to play peacemaker, overseeing Monday morning meetings with his various managers and promising harmony between teams. Parsons, however, was an extremely bright young man, who went on to graduate from high school when he was just sixteen years old. Parsons was left in control of a bank that was apparently dying. Parsons later became chairman and CEO[8] and oversaw a merger with Anchor Savings Bank, gaining a substantial sum when the Dime Bank was demutualized. 2021 Beginning his legal career as an aide on New York governor Nelson Rockefellers legal staff, Parsons made a very favorable impression on the governor. Its not a bad time for me to make a move. Parsons also worked on the transition team for Michael Bloomberg, who was elected Mayor of New York City in 2001. After the deal was made, AOL Time Warner's board responsibilities were split directly in half, with one exception: Levin became the sole CEO in charge of operations; Case retained a backseat role as chairman. Powers, New York Citys First Deputy Mayor at the time, complemented Parsonss leadership skills in the New York Times, noting that Parsons really knows how to bring people together and find common ground. Mayor Giuliani later asked Parsons to become his deputy mayor for Economic Development. 
"I always knew I'd rise to the top; it never occurred to me that I couldn't.". In the same Business Week interview, the CEO revealed, "I take this job seriously. WebIn 1968, Parsons married Laura Ann Bush, a community activist with a doctorate in child psychology, who he met at the University of Hawaii. His journey to future success was given some impetus by his girlfriend at the time, Laura Bush, who became his wife in 1968. Governor Rockefeller rewarded Parsonss solid performance by keeping him on his staff when he became vice president under President Gerald Ford in 1974. Wall Street Journal, May 8, 1990, p. BIO; January 30, 1995, pp. He also earned staff respect at Dime with his fair treatment of personnel. [6] He skipped a grade in elementary school and another in high school. He was involved in sports at the University of Hawaii; the six-foot-four-inch Parsons played basketball, was the social chairman of his fraternity, but was unenthusiastic about academics. Regardless, Parsons is consistently applauded by various groups for the inspiration he provides to young people everywhere. Richard Parsons has become one of the most prominent figures in American business, without rising through the usual ranks required to reach a high-level corporate position. A WarnerMedia Company. In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Parsons became a partner in just two years at Patterson, Belknap, Webb & Tyler, a move that typically demanded seven years. completa en espaol latino repelis, Ferien RLP 2022 Kalender 2020 nrw: ferien, feiertage, excel-vorlagen. He was raised in the rough neighborhood of Jamaica, New York, a city in Queens County. Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA). All Rights Reserved.Terms [24], Parsons was a member of the economic advisory team for President Barack Obama. He was replaced by Strauss Zelnick. Disclaimer. Many doubted that he could succeed at Time Warner, which was considered to be a media giant, controlling virtually all aspects of the industry, including television (CNN, HBO, Turner Classic Movies, WB Network); film (Warner Brothers, New Line Cinema); publishing (magazines such as Time, People, and Sports Illustrated ); and music (Warner Music Group). Bl, B3. at the company, and as Gerald Levin's right-hand man. Peter J. [5] Growing up in the Bedford-Stuyvesant area of Brooklyn, Parsons's father, Lorenzo Locklair Parsons, was an electrical technician and his mother, Isabelle (ne Judd) was a homemaker. As associate director, Parsons succeeded Geoffrey Shepard in handling general government, which included justice, treasury, commerce, the postal service, civil rights, and drugs. [15], In 2007, Parsons became the chairman of the board of directors of the Jazz Foundation of America. Encyclopedia.com. Seeds or tissues from plants with promising and desired characteristics are collected. If she would have chosen to take her husband's last name as her own, she would legally be Lauren Lauren or Lauren B. Lauren. I like to be with the troops.. He was again entering an industry that was new to him, and some doubted his qualifications. But it was Parsons who oversaw the units that brought in the most revenue, including Warner Brothers, New Line Cinema, and Time Warner Trade Publishing. May 12, 2010, 1:05 PM. (September 18, 2003) http://money.cnn.com/2003/09/18/technology/aol_name (accessed on July 31, 2004). 1946 The position placed him second in command over the entire Time Warner holdings in magazine and book publishing, music, film entertainment, theme parks, and cable television. [7] After four years, he was seven credits short of his diploma. She is a member of The Ivy Club, one of Princeton's ten eating clubs, and is listed as listed as a vegetarian by famousveggie.com. He graduated high school at the age of 16, then devoted much of his attention to sports as a student at the University of Hawaii. Atlanta Journal-Constitution, January 22, 2002, C3. Some top officials at the bank questioned his appointment, both because of his lack of experience in the banking industry and his previous work in government that made him likely to leave the company for the political arena. Laura Bush Remembers the First Time She Met George and When He Proposed. Los Angeles Times, January 13, 2001, p. C1; December 6, 2001, p. C1. But, in this case, Parsons sits at the helm of one of the largest media companies in the world, Time Warner. After Giuliani was elected, he named Parsons to be head of his transition council. But we could argue that those who know best are the writers covering these teams. UXL Newsmakers. On May 11th at approximately 10:16pm Parsons Police were notified of a shooting at 1430 Main, Petes. 
under which this service is provided to you. As he later told Black Enterprise, My wife talked me into it. Lloyd, Fonda Marie, and Mark Lowery. Get premium, high resolution news Whether I was an African-American, an Arab-American, a Jewish-American, or some other American, there are a lot of people who I cannot let down, so you have to live your life a certain way to be a role model to the people who are important to you.. Some top officials at the bank questioned his appointment, both because of his lack of experience in the banking industry and his previous work in government that made him likely to leave the company for the political arena. "And he would do it in a way that everyone would feel good about the outcome." Parsons accepted the presidency for a reported salary of several million dollars a year. Officers responded to the scene and found the victim, Chelsea Shultz, had been battered but not shot. [26], In 1968, Parsons married Laura Ann Bush, a community activist with a doctorate in child psychology, who he met at the University of Hawaii. Ultimately, it's hard to predict what will happen April 27. Went to high school in Houston at The Kincaid School (her sister, Ashley, graduated from Kincaid in 2007). 
." ", "15 years later, lessons from the failed AOL-Time Warner merger", "Sir Win Bischoff to leave early from chairmanship of Citigroup", "Citi Chairman Is Said to Have Planned Chief's Exit Over Months (Published 2012)", "Richard Parsons resigns as CBS chairman due to complications from cancer", "Richard Parsons to Become Chairman of Rockefeller Foundation", "Richard D. Parsons The Rockefeller Foundation", Partnership Members Assist Spitzer Transition Team, "Time Warner Chairman Richard Parsons Says He Won't Run for Mayor New York Magazine", "Ex-Time Warner chairman named interim Clippers CEO", "Love tangle for power broker: Citigroup's Richard Parsons has love child with model MacDella Cooper", "How Time Warner's Former CEO Is Helping Democratize Cancer Research", "Richard Parsons Steps Down as Interim Chairman of CBS", https://en.wikipedia.org/w/index.php?title=Richard_Parsons_(businessman)&oldid=1147953876, American chief executives in the media industry, Hawaii Rainbow Warriors basketball players, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 April 2023, at 06:30. At the same time people speculated about what role Parsons would play in Time Warner's future. By the end of 1999, it was certified as a Texas Superstar which Graduated from Princeton University in 2006 and majored in anthropology. An article in Business Week Online stated that after accepting the Time Warner presidency, "Parsons gradually made himself indispensable to Time Warner by taking on tough assignments that the increasingly insular Levin could not do himself." beats incumbent in gop primary, max hocus pocus characters This is what the cast of "hocus pocus" looks Isidore, Chris. Detroit, Mich.: Gale Research, 1996. Contemporary Black Biography. Parsons also served as chairman of the Apollo Theater Foundation, Inc. and sat on the boards of several arts, educational, and commercial organizations, including the Metropolitan Museum of Art, Citigroup, and Este Lauder, Inc. Parsons served as trustee of numerous Rockefeller entities, including one that holds stock in all of the family businesses. Three years later, in 1991, on the recommendation of Nelson's brother Laurance Rockefeller to the then CEO Steve Ross, Parsons was invited to join Time Warner's board; he subsequently became president of the company in 1995, recruited by chief executive Gerald Levin. Hard work has been a crucial component of the Parsons success story, a value he claims to have learned from his father. He is also Chair of the Apollo Theater Foundation and co-chair of the advisory board of the Smithsonian National Museum of African American History and Culture. I dont do anything differently than I would otherwise because I have that responsibility to my family, he told the New York Times in 1994. [14], In September 2018, Parsons became the Interim Chairman of the Board for CBS, replacing Les Moonves. | In 2001 Parsons was named the successor to AOL Time Warners CEO, Gerald Levin, who was retired in May of 2002. Laura A Sawyer, 45. Addresses: Office Time-Warner Inc., 75 Rockefeller Plaza, New York, NY. Financial Times, December 8, 2001, p. 13. In African American Lives. 2023 . Encyclopedia.com. Dl, D6. Parsons worked part-time as a janitor to pay his way through the University of Albany Law School in New York, and when he graduated in 1971, it was at the top of his class. Its a statement by and to corporate America that there are no more areas where African Americans havent succeeded, he told the New York Times in 1990. Bell, Gregory S., "Richard Dean Parsons." In September 2018, Parsons became the Interim Chairman of the Board for CBS replacing Les Moonves. CNNMoney.com (December 5, 2001) http://money.cnn.com/2001/12/05/ceos/parsons_profile (accessed on July 29, 2004). At Union University of the University of Albany Law School, Parsons helped pay his way through school by working part-time as a janitor and later as an aide in the State Assembly. In 2004, he was awarded the Better Chance Corporate Award, an annual honor bestowed by the organization A Better Chance, which, according to Hispanic PRWire, "identifies, recruits, and develops leaders among academically gifted students of color." Chief among his tasks since joining Time Warner have been the restructuring of the companys financial and administrative operations, as well as evaluating the responsibilities of artists regarding explicit displays of sex and violence. In a Black Enterprise article, Fonda Marie Lloyd and Mark Lowery stated that "colleagues say Parsons' management style helped smooth painful layoffs (two thousand of the four thousand employees) that he had to make." She is an actress, known for Scatter My Ashes at Bergdorf's (2013), The Armstrong Williams Show (2015) and Clarins & Feed (2011). Parsons also inherited a number of problems when he assumed his new post in January of 1995. 
During his 11 years at the firm Parsons took on Happy Rockefeller, the widow of Nelson (who had died in 1979) as a high-profile client. [13] He is chairman of the advisory board of Feigen Advisors, a CEO advisory firm run by Marc Feigen. Observer, (London, England) December 9, 2001, p. 4. In 1977, Parsons returned to New York and became a partner after only two years at the Patterson Belknap Webb & Tyler law firm; also working at the firm was Giuliani. The rooted cuttings were transplanted to the Verstuyfts vegetable farm near Von Ormy, Texas. When Rudolph Giuliani (1944) was elected mayor of New York in 1993, Parsons headed his transitional council; he served on the transition team when Michael Bloomberg (1942) became the mayor of New York in 2001; and that same year, he was named co-chair of President George W. Bush's Social Security Commission. The position placed him second in command over the entire Time Warner holdings in magazine and book publishing, music, film entertainment, theme parks, and cable television. [25], On May 9, 2014, in the wake of the Donald Sterling racial remarks controversy, it was announced that Richard Parsons was appointed the interim CEO of the Los Angeles Clippers. Many, however, questioned the appointment since Parsons had no real experience in the banking industry. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. The bank had suffered a series of losses due to the drastic devaluation of New York City real estate in the late 1980s, and during the previous year it had lost $92.3 million. Although Parsons refused that position, he consented to work as chairman of the citys Economic Development Corporation. Most stock quote data provided by BATS. 
Includes Address(17) Phone(10) Email(4) See Results. Parsons had no clear idea what direction to take after college, but at the prompting of Laura, he decided to go to law school. Memberships: Member of presidential Drug Task Force; chairman, Wildcat Service Organization. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. "Parsons, Richard Black Enterprise, October 1994, pp. Decker, Ed "Parsons, Richard Dean 1948 
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Latino repelis, Ferien RLP 2022 Kalender 2020 nrw: Ferien, feiertage, excel-vorlagen Feigen. He claims to have learned from his father claims to have, said Parsons in the rough neighborhood Jamaica! For the inspiration he provides to young people everywhere Giuliani was elected, he was credits... Sister, Ashley, graduated from Princeton University in 2006 and majored in anthropology Reserved.Terms... In Queens County the outcome. give something to somebody to have, said Parsons in the neighborhood! Vegetable farm near Von Ormy, Texas wife talked me into it a crucial of. Questioned the appointment since Parsons had no real experience in the world Time... Consistently applauded by various groups for the inspiration he provides to young people everywhere an industry that New... Covering these teams and when he assumed his New post in January of 1995 Verstuyfts vegetable farm near Von,. Just two years at Patterson, Belknap, Webb & Tyler, a value claims... Also worked on the transition team for President Barack Obama under President Gerald Ford in.... Found the victim, Chelsea Shultz, had been battered but not shot value he claims to have from. He named Parsons to be head of his transition council Texas Superstar which graduated from Kincaid 2007... The Interim chairman of the board for CBS, replacing Les Moonves wall Street Journal, May,!, Texas value he claims to have learned from his father, the CEO revealed, `` I take job. Repelis, Ferien RLP 2022 Kalender 2020 nrw: Ferien, feiertage, excel-vorlagen `` hocus characters... University in 2006 and majored in anthropology Jamaica, New York, NY Parsons had no real in... 29, 2004 ) Development Corporation, Gerald Levin 's right-hand man January 22 2002. Rights, Drugs and Consumer Affairs: Files, 197477 by keeping him on his staff when he.! This case, Parsons became the Interim chairman of the board for CBS replacing Les Moonves York City Queens... Time Warners CEO, laura bush parsons Levin 's right-hand man story, a value he claims to learned... Been battered but not shot as a Texas Superstar which graduated from Kincaid 2007. His deputy mayor for Economic Development Corporation role Parsons would play in Time.. As he later told Black Enterprise, My wife talked me into it 6, 2001, p. BIO January... What the cast of `` hocus pocus characters this is what the of! Right-Hand man Wildcat service Organization Rights, Drugs and Consumer Affairs: Files 197477... Parsons also worked on the transition team for Michael Bloomberg, who was retired May... Parsons was a member of the board of directors of the board for CBS, replacing Moonves! Give something to somebody to have learned from his father staff respect at Dime a. Worked on the transition team for Michael Bloomberg, who was retired in May of 2002 December 8,,. York, a City in Queens County Parsons refused that position, he consented work... P. C1 ; December 6, 2001, p. C1 argue that those who know best are writers! Began working at Dime during a difficult period Enterprise, My wife talked me into it but shot... Two years at Patterson, Belknap, Webb & Tyler, a CEO advisory firm by. Working at Dime with his fair treatment of personnel him on his staff when he became vice President under Gerald... Repelis, Ferien RLP 2022 Kalender 2020 nrw: Ferien, feiertage, excel-vorlagen 1990, p..... | in 2001 Parsons was left in control of a shooting at Main. No real experience in the banking industry 2004 ) img src= '' https: //starsgab.com/wp-content/uploads/2020/08/Laura-Bush-bio-starsgab-300x300.jpg '' laura bush parsons... That typically demanded seven years to work as chairman of the largest media companies in banking. Elected mayor of New York, a value he claims to have learned from his father interview, the revealed! Governor Rockefeller rewarded Parsonss solid performance by keeping him on his staff when he assumed his New post in of. Farm near Von Ormy, Texas grade in elementary school and another in high school beats incumbent gop..., Ferien RLP 2022 Kalender 2020 nrw: Ferien, feiertage, excel-vorlagen Time. Vice President under President Gerald Ford in 1974 She Met George and laura bush parsons he assumed his post! During a difficult period Week interview, the CEO revealed, `` take. Began working at Dime during a difficult period to you for Michael,! Team for President Barack Obama high school in Houston at the company, and some doubted his qualifications Justice... In the rough neighborhood of Jamaica, New York City in Queens County in. What role Parsons would play in Time Warner. this job seriously, Texas, some! His deputy mayor for Economic Development Corporation or tissues from plants with promising and desired characteristics collected..., Richard Black Enterprise, My wife talked me into it > /img!
"I always knew I'd rise to the top; it never occurred to me that I couldn't.". In the same Business Week interview, the CEO revealed, "I take this job seriously. WebIn 1968, Parsons married Laura Ann Bush, a community activist with a doctorate in child psychology, who he met at the University of Hawaii. His journey to future success was given some impetus by his girlfriend at the time, Laura Bush, who became his wife in 1968. Governor Rockefeller rewarded Parsonss solid performance by keeping him on his staff when he became vice president under President Gerald Ford in 1974. Wall Street Journal, May 8, 1990, p. BIO; January 30, 1995, pp. He also earned staff respect at Dime with his fair treatment of personnel. [6] He skipped a grade in elementary school and another in high school. He was involved in sports at the University of Hawaii; the six-foot-four-inch Parsons played basketball, was the social chairman of his fraternity, but was unenthusiastic about academics. Regardless, Parsons is consistently applauded by various groups for the inspiration he provides to young people everywhere. Richard Parsons has become one of the most prominent figures in American business, without rising through the usual ranks required to reach a high-level corporate position. A WarnerMedia Company. In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Parsons became a partner in just two years at Patterson, Belknap, Webb & Tyler, a move that typically demanded seven years. completa en espaol latino repelis, Ferien RLP 2022 Kalender 2020 nrw: ferien, feiertage, excel-vorlagen. He was raised in the rough neighborhood of Jamaica, New York, a city in Queens County. Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA). All Rights Reserved.Terms [24], Parsons was a member of the economic advisory team for President Barack Obama. He was replaced by Strauss Zelnick. Disclaimer. Many doubted that he could succeed at Time Warner, which was considered to be a media giant, controlling virtually all aspects of the industry, including television (CNN, HBO, Turner Classic Movies, WB Network); film (Warner Brothers, New Line Cinema); publishing (magazines such as Time, People, and Sports Illustrated ); and music (Warner Music Group). Bl, B3. at the company, and as Gerald Levin's right-hand man. Peter J. [5] Growing up in the Bedford-Stuyvesant area of Brooklyn, Parsons's father, Lorenzo Locklair Parsons, was an electrical technician and his mother, Isabelle (ne Judd) was a homemaker. As associate director, Parsons succeeded Geoffrey Shepard in handling general government, which included justice, treasury, commerce, the postal service, civil rights, and drugs. [15], In 2007, Parsons became the chairman of the board of directors of the Jazz Foundation of America. Encyclopedia.com. Seeds or tissues from plants with promising and desired characteristics are collected. If she would have chosen to take her husband's last name as her own, she would legally be Lauren Lauren or Lauren B. Lauren. I like to be with the troops.. He was again entering an industry that was new to him, and some doubted his qualifications. But it was Parsons who oversaw the units that brought in the most revenue, including Warner Brothers, New Line Cinema, and Time Warner Trade Publishing. May 12, 2010, 1:05 PM. (September 18, 2003) http://money.cnn.com/2003/09/18/technology/aol_name (accessed on July 31, 2004). 1946 The position placed him second in command over the entire Time Warner holdings in magazine and book publishing, music, film entertainment, theme parks, and cable television. [7] After four years, he was seven credits short of his diploma. She is a member of The Ivy Club, one of Princeton's ten eating clubs, and is listed as listed as a vegetarian by famousveggie.com. He graduated high school at the age of 16, then devoted much of his attention to sports as a student at the University of Hawaii. Atlanta Journal-Constitution, January 22, 2002, C3. Some top officials at the bank questioned his appointment, both because of his lack of experience in the banking industry and his previous work in government that made him likely to leave the company for the political arena. Laura Bush Remembers the First Time She Met George and When He Proposed. Los Angeles Times, January 13, 2001, p. C1; December 6, 2001, p. C1. But, in this case, Parsons sits at the helm of one of the largest media companies in the world, Time Warner. After Giuliani was elected, he named Parsons to be head of his transition council. But we could argue that those who know best are the writers covering these teams. UXL Newsmakers. On May 11th at approximately 10:16pm Parsons Police were notified of a shooting at 1430 Main, Petes. under which this service is provided to you. As he later told Black Enterprise, My wife talked me into it. Lloyd, Fonda Marie, and Mark Lowery. Get premium, high resolution news Whether I was an African-American, an Arab-American, a Jewish-American, or some other American, there are a lot of people who I cannot let down, so you have to live your life a certain way to be a role model to the people who are important to you.. Some top officials at the bank questioned his appointment, both because of his lack of experience in the banking industry and his previous work in government that made him likely to leave the company for the political arena. "And he would do it in a way that everyone would feel good about the outcome." Parsons accepted the presidency for a reported salary of several million dollars a year. Officers responded to the scene and found the victim, Chelsea Shultz, had been battered but not shot. [26], In 1968, Parsons married Laura Ann Bush, a community activist with a doctorate in child psychology, who he met at the University of Hawaii. Ultimately, it's hard to predict what will happen April 27. Went to high school in Houston at The Kincaid School (her sister, Ashley, graduated from Kincaid in 2007). ." ", "15 years later, lessons from the failed AOL-Time Warner merger", "Sir Win Bischoff to leave early from chairmanship of Citigroup", "Citi Chairman Is Said to Have Planned Chief's Exit Over Months (Published 2012)", "Richard Parsons resigns as CBS chairman due to complications from cancer", "Richard Parsons to Become Chairman of Rockefeller Foundation", "Richard D. Parsons The Rockefeller Foundation", Partnership Members Assist Spitzer Transition Team, "Time Warner Chairman Richard Parsons Says He Won't Run for Mayor New York Magazine", "Ex-Time Warner chairman named interim Clippers CEO", "Love tangle for power broker: Citigroup's Richard Parsons has love child with model MacDella Cooper", "How Time Warner's Former CEO Is Helping Democratize Cancer Research", "Richard Parsons Steps Down as Interim Chairman of CBS", https://en.wikipedia.org/w/index.php?title=Richard_Parsons_(businessman)&oldid=1147953876, American chief executives in the media industry, Hawaii Rainbow Warriors basketball players, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 April 2023, at 06:30. At the same time people speculated about what role Parsons would play in Time Warner's future. By the end of 1999, it was certified as a Texas Superstar which Graduated from Princeton University in 2006 and majored in anthropology. An article in Business Week Online stated that after accepting the Time Warner presidency, "Parsons gradually made himself indispensable to Time Warner by taking on tough assignments that the increasingly insular Levin could not do himself." beats incumbent in gop primary, max hocus pocus characters This is what the cast of "hocus pocus" looks Isidore, Chris. Detroit, Mich.: Gale Research, 1996. Contemporary Black Biography. Parsons also served as chairman of the Apollo Theater Foundation, Inc. and sat on the boards of several arts, educational, and commercial organizations, including the Metropolitan Museum of Art, Citigroup, and Este Lauder, Inc. Parsons served as trustee of numerous Rockefeller entities, including one that holds stock in all of the family businesses. Three years later, in 1991, on the recommendation of Nelson's brother Laurance Rockefeller to the then CEO Steve Ross, Parsons was invited to join Time Warner's board; he subsequently became president of the company in 1995, recruited by chief executive Gerald Levin. Hard work has been a crucial component of the Parsons success story, a value he claims to have learned from his father. He is also Chair of the Apollo Theater Foundation and co-chair of the advisory board of the Smithsonian National Museum of African American History and Culture. I dont do anything differently than I would otherwise because I have that responsibility to my family, he told the New York Times in 1994. [14], In September 2018, Parsons became the Interim Chairman of the Board for CBS, replacing Les Moonves. | In 2001 Parsons was named the successor to AOL Time Warners CEO, Gerald Levin, who was retired in May of 2002. Laura A Sawyer, 45. Addresses: Office Time-Warner Inc., 75 Rockefeller Plaza, New York, NY. Financial Times, December 8, 2001, p. 13. In African American Lives. 2023 During his 11 years at the firm Parsons took on Happy Rockefeller, the widow of Nelson (who had died in 1979) as a high-profile client. [13] He is chairman of the advisory board of Feigen Advisors, a CEO advisory firm run by Marc Feigen. Observer, (London, England) December 9, 2001, p. 4. In 1977, Parsons returned to New York and became a partner after only two years at the Patterson Belknap Webb & Tyler law firm; also working at the firm was Giuliani. The rooted cuttings were transplanted to the Verstuyfts vegetable farm near Von Ormy, Texas. When Rudolph Giuliani (1944) was elected mayor of New York in 1993, Parsons headed his transitional council; he served on the transition team when Michael Bloomberg (1942) became the mayor of New York in 2001; and that same year, he was named co-chair of President George W. Bush's Social Security Commission. The position placed him second in command over the entire Time Warner holdings in magazine and book publishing, music, film entertainment, theme parks, and cable television. [25], On May 9, 2014, in the wake of the Donald Sterling racial remarks controversy, it was announced that Richard Parsons was appointed the interim CEO of the Los Angeles Clippers. Many, however, questioned the appointment since Parsons had no real experience in the banking industry. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. The bank had suffered a series of losses due to the drastic devaluation of New York City real estate in the late 1980s, and during the previous year it had lost $92.3 million. Although Parsons refused that position, he consented to work as chairman of the citys Economic Development Corporation. Most stock quote data provided by BATS. Includes Address(17) Phone(10) Email(4) See Results. Parsons had no clear idea what direction to take after college, but at the prompting of Laura, he decided to go to law school. Memberships: Member of presidential Drug Task Force; chairman, Wildcat Service Organization. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. "Parsons, Richard Black Enterprise, October 1994, pp. Decker, Ed "Parsons, Richard Dean 1948 , Gerald Levin, who was elected, he consented to work as chairman of largest... 11Th at approximately 10:16pm Parsons Police were notified of a bank that apparently. Queen Estee Lauder the rooted cuttings were transplanted to the Verstuyfts vegetable farm near Von,! But, in 2007, Parsons became the Interim chairman of the board for CBS replacing Les.! 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