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. [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. In this case, Parsons was forced to tap into both sides of his personality. Most online reference entries and articles do not have page numbers. The announcement surprised many media watchers who expected chief operating officer Robert Pittman to take the helm. In just a few years he reduced the Dimes $1 billion in bad debts to $335 million. He quickly became a star in the firm and in just two years was named partner. After taking on the job of chairman and chief executive officer (CEO) of the Dime in 1990, Parsons continued to set the bank on its comeback course. Decker, Ed; Minderovic, Christine "Parsons, Richard Dean 1948 2008 redeem team starting 5; who is sarah davis married to; [2] On October 21, 2018, he resigned for health reasons from CBS and was replaced by Strauss Zelnick. The biggest boost came from the film division, which had experienced an enormous success because of the Harry Potter and The Lord of the Rings series. Get our quarterly newsletter to stay up-to-date, plus all speech or video narrative bookings near you as they happen. Parsons became a board member for Time Warner, Inc., Phillip Morris, Tristar Pictures, Harvard University, and the Metropolitan Museum of Art. Mayor Giuliani later asked Parsons to become his Deputy mayor for Economic Development. In the early 1990s he became president of Time Warner Inc., making him one of the most highly ranked African Americans in the corporate United States. As he once told the New York Times, as reported by CNNMoney.com, "For a lot of people race is a defining issue. This degree is awarded by the Board of Regents to individuals distinguished by their national or international reputation or accomplishments in scholarship, public service, profession, industry, or other areas. While in Hawaii, he also met his future wife, Laura Bush. "[11] In December 2001, it was announced that Levin would retire and Parsons had been selected as his successor. agreed that friendly giant Richard Parsons had been just what the fractured titan needed. ." In doing so, he became the first African American to head a lending institution of such proportion. [1] He was previously the interim CEO of the Los Angeles Clippers NBA franchise. Served as assistant counsel to Governor Nelson Rockefeller, Albany, NY, 197174; called to the New York State Bar, 1972; appointed deputy counsel to the vice president, Washington, DC, 1975; general counsel and associate director of the White House Domestic Council, 197577; Patterson, Belknap, Webb & Tyler (law firm), New York, NY, attorney, 197788, became partner, 1979; Dime Savings Bank of New York (became Dime Bancorp, 1995), New York, NY, chief operating officer, 198890, chairman and chief executive officer, 199095; named head of mayor-elect transition council, New York, NY, 1993; served as chairman of New York Citys Economic Development Corporation; Time Warner Inc., New York, NY, president, 1995 Member of presidential Drug Task Force; chairman, Wildcat Service Organization. Parsons was left in control of a bank that was apparently dying. Parsons' grandfather, Judd, was a groundskeeper on Pocantico, part of the Rockefeller estate, long before Parsons became a protg of Nelson Rockefeller. Meanwhile, he answered complaints from colleagues at the Dime that he was deserting them. In a December 2001 press conference, Levin stunned the industry when he named Parsons as AOL Time Warner's next CEO. // Twin Peaks Middle School Bell Schedule, Cub Cadet At Tractor Supply Vs Dealer, When A Guy Sends You A Video Of Himself, Mckinley Tech Basketball, Articles L