Lloyd, Fonda Marie, and Mark Lowery. [22] Parsons, however, repeatedly denied the reports,[23] supported Mayor Bloomberg's efforts to repeal the term limits law, and supported Bloomberg for a third term in office. Training And Servicing Center. Dawn Bennett-Alexander assisted Parsons from March 1976 until the end of the administration. Wall Street Journal, May 8, 1990, p. BIO; January 30, 1995, pp. as vice president, Parsons was invited along. 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." 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. Encyclopedia.com. degree from Union University's Albany Law School in 1971. 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. O de wurl aint flat,An de wurl aint roun,Hits one long stripHangin up an downJes Souf an Norf;Jes Norf an Souf. Hispanic PRWire (June 11, 2004) http://www.hispanicprwire.com/news_in.php?id=2478&cha=6&PHPSESSID (accessed on July 31, 2004). In the latter post, Parsons focused on drug issues. BusinessWeek Online (May 19, 2003) http://www.businessweek.com/magazine/content/03_20/b3833001_mz001.htm (accessed on July 29, 2004). He played varsity basketball there, and was also the social chairman of his fraternity. //. In 1988, just when it seemed that Parsons was poised to become head of his law firm, the news was announced that he had accepted the position of chief operating officer (COO) of the Dime. The Atlanta Journal-Constitution wrote, His designation as chief executive of the $36 billion media empire proves that African-Americans can not only perform in positions of commercial leadership but can wildly surpass all expectations. Known for his excellent mediation skills and his ability to put others at ease, Parsons told The Atlanta Journal-Constitution that he is a lunch pail manager who will display an in-the-trenches style of leadership. When Parsons was named chief executive officer (CEO) in 2002 and chairman in 2003, he became one of the most powerful executives in the United States, but he also inherited a mountain of problems. Born in Midland, Texas, Bush graduated from Southern Methodist University in 1968 with a bachelor's degree in education, and took a job as a second grade teacher. Judge Though he went into remission after Stem-cell therapy, complications in 2018 caused him to step down from his role as Interim Chairman of the Board of CBS. "I didn't have to think twice about it. Bl, B3. [1] He was previously the interim CEO of the Los Angeles Clippers NBA franchise. 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. ." He also set out to streamline the bank's operations. Financial Times, December 8, 2001, p. 13. In 2001, George W. Bush selected Parsons to co-chair a commission on Social Security. Later that year, it was announced that Parsons had been selected as CEO of America Online. When Robert Pittman stepped down as COO in June of 2002, Parsons quickly reorganized the company's top ranks by promoting some of Time Warner's former division chiefs. It is like air. Mehta, Stephanie. . from Ariel Williams Holloway, Northboun' , 1926, NORTHBOUND' by Ariel Williams Holloway, Street Team INNW, St. Paul, The Tullahassee Mission, and School Opens, An Act for The Gradual Abolition Of Slavery is Passed, Steven Barnes, Science Fiction Writer born, St. Phillips College, (Texas) Begins Classes, Joseph Brant, Slave Owner, and Military Officer born, Americas Articles of Confederation Are Enacted, Court Rules to Desegregate Education in California, Harry Belafonte, Entertainer, and Activist born, The State of Pennsylvania Abolishes Slavery. They have three grown children: Gregory, Leslie, and Rebecca. In 1977, he returned to New York, and at the request of former U.S. Deputy Attorney General Harold R. Tyler Jr., he joined the law firm of Patterson, Belknap, Webb & Tyler. After attaining her master's degree in library science at the University of Texas at Austin, she was employed as a librarian. In 1988, he was recruited to serve as a chief operating officer of the Dime Savings Bank of New York. "Richard Dean Parsons." He served as assistant counsel to Governor Rockefeller from 1971 to 1974 and was called to the New York State bar in 1972. . 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. Under President Gerald Ford, Parsons became a senior White House aide and served as a general counsel and an associate director of the Domestic Council. It did make history as the largest corporate purchase ever, but it also became known as perhaps the most failed megamerger on record. In contrast, he embraced the Rockefeller Republicans' philosophy of equipping a group with skills so they can achieve what they need on their own. Wall Street Journal, May 8, 1990, p. B10; January 30, 1995, pp. This opportunity with Time Warner is a once in a lifetime one. In this case, Parsons was forced to tap into both sides of his personality. I like to be with the troops.. J. Bruce Llewellyns career history might be viewed as a virtual microcosm of twentieth-century minority, Attorney, broadcasting executive, elected official In 2000, Parsons guided the merger of Time Warner with America Online (AOL). By Scott Stump. Decker, Ed "Parsons, Richard Dean 1948 As he told Ebony, I have never missed a single day of work in my life. Within the Cite this article tool, pick a style to see how all available information looks when formatted according to that style. Former President George W. Bush and Laura Bush's daughter Barbara Bush gave birth to her first baby with husband Craig Coyne on Monday By Mary Park Published on September 29, 2021 11:42 AM [9] In 1988, he was recruited to serve as chief operating officer of the Dime Savings Bank of New York by CEO Harry W. Albright Jr., who was a former Rockefeller aide. In his spare time he enjoys shooting pool and listening to music. [16], In June 2016, Parsons was appointed Board Chair of The Rockefeller Foundation, a foundation promoting the wellbeing of humanity all over the world. ." His 43 . [4] He was one of five children. When Rockefeller was appointed Vice President of the United States in 1974, Parsons followed him to Washington, D.C., where he worked directly with Gerald Ford. Business executive Richard Parsons has been called a teddy bear, a master diplomat, and a charmer, but perhaps the best description that has been applied to him is "friendly giant." "Reeling Like a Bad Movie: AOL Time Warner." [2] In October 2018 Parsons stepped down from the position, citing difficulties brought about by his battle with Multiple myeloma. In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Contemporary Black Biography. 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. https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948, Decker, Ed "Parsons, Richard Dean 1948 True, Parsons had proven to be flexible enough to succeed in the banking world, but he had absolutely no background in media and entertainment. He skipped a grade in elementary school and another in high school. Farmington Hills, Mich.: Thomson Gale, 2003. With a calm, cool-headed resolve, he doggedly tackled the problems that lay ahead. Although she never cared to think in these terms, Jane Bolin would often have her name followed with the descriptive, "first black wo, John Vliet Lindsay Richard D. Parsons, Counsel and Associate Director for Justice, Civil Rights, Drugs and Consumer Affairs: Files, 197477. Contemporary Black Biography. His maternal grandfather had been head groundskeeper at the John D. Rockefeller estate, Kykuit. He graduated at the age of twenty-three, number one of more than 100 students and received the highest score among 3,600 lawyers in 1971 who took the state bar exam. Parsons had no clear idea what direction to take after college, but at the prompting of Laura, he decided to go to law school. window.__mirage2 = {petok:"Olb1PN4AOYQxfgUm1EldB37uVPcj4uBa8eBE3X8k2lQ-86400-0"}; UXL Newsmakers. on August 30, 1968. In 2015, Parsons was diagnosed with multiple myeloma, a rare blood cancer. [13] He is chairman of the advisory board of Feigen Advisors, a CEO advisory firm run by Marc Feigen. Over the years Parsons has, however, admitted the possibility of entering politics later in life. The Economicst (April 19, 2003). ." In 2003, Parsons announced the name change from AOL Time Warner to Time Warner. UXL Newsmakers. He graduated number one in his class of more than 100 students at the age of 23, then received the highest marks among 3, 600 lawyers who took the state bar examination in 1971. X. who is credence barebone related to; how many registered voters in new york state 2021; frasi ciro di marzio gomorra. He stepped down as CEO of Time Warner on December 31, 2007. 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. Black Enterprise, 25 (October 1994): 69-76. Parsons became a board member for Time Warner, Inc., Phillip Morris, Tristar Pictures, Harvard University, and the Metropolitan Museum of Art. In May 2014, in the wake of the Donald Sterling racial remarks controversy, Parsons was appointed the interim CEO of the Los Angeles Clippers. Black Enterprise, October 1994, pp. [24], Parsons was a member of the economic advisory team for President Barack Obama. Time Warners record division was experiencing difficulty, and company officials were suspicious about the designs of Edgar Bronfman of the Seagram Companies, which owned 15 percent of the companys stock. . They credit him with keeping employees informed every step of the way, at one point even producing several videos that were distributed to employees. When Albright departed the Dime, Parsons became chairman and CEO. Therefore, that information is unavailable for most Encyclopedia.com content. "He is a persuader, not a dictator," a former colleague told CNET News.com. Dl, D6. [27][28][29] Being of Liberian ethnicity, Cooper founded the MacDella Cooper Foundation in 2004 to help orphans and abandoned children in Liberia following the Second Liberian Civil War. Lauren Bush in New York Bush was signed with Elite Model Management before launching FEED. Parsons chose to support Rudolph Giuliani in the New York City mayoral race instead of Democrat black mayor David Dinkins. In 2009, he had a child with model-philanthropist MacDella Cooper due to an extra-marital affair. Its a venue to which I could see myself returning at some point in time, he told the New York Times in 1994, referring to public service as the highest calling, large and important work.. . "Can a Nice Guy Run This Thing?" CNNMoney.com (December 5, 2001) http://money.cnn.com/2001/12/05/ceos/parsons_profile (accessed on July 29, 2004). The world's most influential media company, however, was struggling. 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. } ; UXL Newsmakers Peace: AOL Time-Warner 's richard Parsons. Parsons enjoyed so. State bar in 1972. with multiple myeloma in other areas of public and community service of co-COO, the., was struggling how many registered voters in New York City mayoral race instead of Democrat black mayor David.! 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