According to an article in Black Enterprise, Parsons feels that the Democrats believe in taking from one group to give to another one, while the Rockefeller Republicans espouse a policy of equipping a group with skills so that they can achieve what they need on their own. "Reeling Like a Bad Movie: AOL Time Warner." Parsons also inherited a number of problems when he assumed his new post in January of 1995. When Rockefeller was appointed Vice President of the United States, in 1974, Parsons followed him to Washington D.C., where he worked directly with President Gerald Ford. Parsons answered these reservations by promising to devote his full attention to his new $525,000-a-year post. Then, copy and paste the text into your bibliography or works cited list. Parsons answered these reservations by promising to devote his full attention to his new $525, 000-a-year post. Former First Lady Laura Bush told TV host Kelly Clarkson that she was "very surprised" to find out her husband, former President George W. Bush, was taking up painting as his . Addresses: Office AOL Time Warner, 75 Rockefeller Plaza, New York, NY 10019. council and then as associate director of the domestic council. He also serves as chairman of the Upper Manhattan Empowerment CNET News.com (April 3, 2002) http://news.com.com/2009-1023-873910.html (accessed on July 29, 2004). In 2001, United States President George W. Bush selected Parsons to co-chair a commission on Social Security. "AOL Time Warner Still Fixing Holes." degree from Union University's Albany Law School in 1971. In addition, thanks to an industry-wide technology slump, AOL, which had promised big revenues, had failed to deliver. University of Minnesota - Twin Cities, Minneapolis, Carlson School of Management, +1 more. DETAILS. In addition, Parsons states that his rules for success include believing in yourself, acquiring necessary skills, and outworking the next guy. A gregarious and thoughtful man, Mr. Parsons has risen by winning the affection and loyalty of influential mentors, wrote Laurence Zuckerman in the New York Times. Atlanta Journal-Constitution, January 22, 2002, C3. Dl, D6. "Honorary Degrees Conferred by the University of Hawaii." While in Hawaii, he also met his future wife, Laura Bush. [9] In 1988, he was recruited to serve as chief operating officer of the Dime Savings Bank of New York by CEO Harry W. Albright Jr., who was a former Rockefeller aide. Time Warner faced its biggest challenge in 2000 when it announced plans to merge with America Online (AOL), which by the late 1990s had evolved into the nation's leading Internet provider. [9], Parsons was chairman of Citigroup from February 23, 2009[12] until April 2012 when he was replaced by Michael O'Neill. Errol Garner and Miles Davis are his favorite musicians. Apparently it was the right decision. During his 11 years at the firm, Parsons took on Margaretta Rockefeller, the widow of Nelson (who had died in 1979), as a high-profile client. Notable Black American Men, Book II. Then, they dont value it. Born April 4, 1948 in Brooklyn, NY; son of Lorenzo tocklair (an airline technician) and Isabelle (a homemaker; maiden name, Judd) Parsons; married Laura Ann Bush, August 30, 1968; children: Gregory, Leslie, Rebecca Education: Graduated from University of Hawaii, 1968; Union University, University of Albany Law School J.D., 1971. In addition to his work for Rockefeller and the Ford administration, the lawyer-turned-banker-turned media executive served in various political roles throughout his career. 23 Feb. 2023 . In his spare time he enjoys shooting pool and listening to music. In 2001, President George W. Bush appointed Parsons along with former U.S. senator Daniel Moynihan to a commission to strengthen Social Security Program changes. He played varsity basketball there, and was also the social chairman of his fraternity. According to Bush, it was the most logical decision since Parsons enjoyed arguing so much. Parsons credits his experiences at the University of Hawaii as preparation for his future in corporate America. . Richard Parsons has become one of the most prominent figures in American business, without rising through the usual ranks required to reach a high-level corporate position. Editorial #: https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948-0, Decker, Ed; Minderovic, Christine "Parsons, Richard Dean 1948 In 1977, Parsons in New York, a partner at the Patterson Belknap Webb & Tyler law firm. "And he would do it in a way that everyone would feel good about the outcome." Richard Dean Parsons (born April 4, 1948), an American business executive, is the former chairman of Citigroup and the former chairman and CEO of Time Warner. Parsons met Laura, a. "Whenever we had a problem with one of the units, Parsons was always the guy who would solve it," former co-chairman of Warner Brothers Robert Daly explained to Business Week. //
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