Last Updated: 18 Apr, 2023 | Views: 385
Age: 76
Profession: Business Men
Other Profession(s): Lawyer, Businessperson
Famous For: CEO Of AOL Time Warner And Citigroup Chairman
Higher Education: University of Hawaii, Manoa (BA), Albany Law School (JD)
About (Profile/Biography):
Richard Parsons is an American businessman and former chairman of the Board of Directors at Citigroup. He was born on April 4, 1948, in Brooklyn, New York. Parsons has had a distinguished career in various fields, including law, politics, and media. He served as the CEO of Time Warner from 2002 to 2007 and has also held several high-profile board positions at companies such as Estée Lauder and the Los Angeles Clippers. Numerous publications have recognized Parsons as one of the most influential people in business for his leadership skills and strategic vision.
Richard Parsons Education:
Bachelor Of Arts Degree In 1968: Richard Parsons received a Bachelor of Arts degree from the University of Hawaii in 1968.
1974: A Master of Public Administration degree was earned by Richard Parsons at Harvard's Kennedy School of Government in 1974.
Richard Parsons Career:
1971: Richard Parsons graduated from the University of Hawaii with a degree in economics.
1974: He earned his law degree from Albany Law School.
1976-1988: Richard Parsons worked at the New York law firm Patterson, Belknap, Webb & Tyler, where he became a partner in 1980.
1988: Richard Parsons left the law firm to join Dime Savings Bank of New York as its president and chief operating officer.
1990: Richard Parsons became the chairman and CEO of Dime Savings Bank of New York, which Washington Mutual later acquired.
1994: Richard Parsons was appointed as the chairman of the board of directors of Time Warner Inc., one of the world's largest media and entertainment companies.
2001: He became the CEO of AOL Time Warner, the company formed by the merger of Time Warner and America Online.
2006: Richard Parsons stepped down as CEO of AOL Time Warner but remained chairman of the board of directors until 2008.
2008: Richard Parsons was named the chairman of Citigroup Inc., one of the world's largest financial services companies.
2012: Richard Parsons stepped down as chairman of Citigroup after overseeing the company's restructuring and return to profitability.
2011-2018: Richard Parsons served on the board of directors of the Estée Lauder Companies Inc., a multinational manufacturer, and marketer of prestige skincare, makeup, fragrance, and hair care products.
2018: Richard Parsons was appointed interim chairman of the board of directors of CBS Corporation, one of the world's largest media companies, following the departure of its former chairman and CEO, Les Moonves.
Richard Parsons Awards:
2004: Received the Martin Luther King Jr. Nonviolent Peace Prize
2007: Awarded the ROBIE Lifetime Achievement Award.
2008: Received the John Jay Award
2012: Presented with the National Equal Justice Award
2016: Richard Parsons was awarded the American Spirit Award
2019: He received the Trailblazer Award.
Richard Parsons Unknown Facts:
Richard Parsons is also a member of the Council on Foreign Relations and an advocate for corporate diversity and inclusion.
Richard Parsons was diagnosed with multiple myeloma, a type of blood cancer, in 2018. He underwent treatment and was declared cancer-free in 2019.
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