Richard Parsons, who presided over Time Warner as CEO from 2002-2007 as the media conglomerate was recovering from the epic fail of the AOL merger and who later became interim chairman of CBS to right its ship following the resignation of Leslie Moonves, died Thursday in Manhattan after a long illness.
He was 76. Parsons’ longtime friend Ronald S. Lauder, a member with Parsons of the Estée Lauder board, told the New York Times today that Parsons died of bone cancer.
One of nation’s most powerful Black executives, Parsons was an astute, soft spoken and genial presence. He was born in 1948 in Bedford-Stuyvesant, Brooklyn and grew up in Ozone Park, Queens, the son of an electrical technician and a homemaker and one of five children.
He attended the University of Hawaii and went on to a law degree at Union University Albany. Parsons served in both state and federal politics under New York Gov.
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