Richard ‘Dick’ Parsons, former CEO of Time Warner, has died at 76. He is known for steering the company through a challenging period following its disastrous merger with AOL in 2000. Parsons became CEO in 2002, eliminating “AOL” from the company’s name and reducing its debt significantly. Born in Brooklyn, he excelled academically, attended the University of Hawaii, and Albany Law School, where he emerged as a leader. He held various influential roles, including chairman of Citigroup and interim CEO of the Los Angeles Clippers. Parsons was also committed to philanthropy, supporting cultural and historic institutions. His legacy includes significant contributions to corporate leadership and community enrichment.
