Richard Dean Parsons

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Richard Dean Parsons (born April 4, 1948 in Brooklyn , New York City , USA) is the former CEO of Time Warner .

He graduated from the University of Hawaii and completed legal training at Union University's Law School.

He became legal advisor to Nelson Rockefeller , from 1974 adviser in the White House under President Ford and held various positions in government and Union service. In 1977 he moved back to New York and two years later became a partner in the law firm Patterson, Belknap, Webb & Tyler . In 1988 he was recruited by Harry W. Albright Jr as Chairman and CEO for Dime Bancorp, Inc. , one of the largest financial advisors in the USA (acquired by Washington Mutual in 2002 ). In 1991, on the recommendation of Laurance Rockefeller, he became a member of the executive board of Time Warner , where he became president in 1995. In 2000 he helped merge with AOL . In 1999 he was elected to the American Academy of Arts and Sciences .

In December 2001, he succeeded Gerald Levin as CEO of AOL Time Warner. He also sits on boards of directors including Citigroup , Estée Lauder , the Museum of Modern Art and Howard University . In May 2014, Parsons took over the presidency on an interim basis at the Los Angeles Clippers basketball club, which hit the headlines .