Richard D. Parsons
| Richard Parsons | |
|---|---|
| Born |
April 4, 1948 Brooklyn, New York, United States |
| Alma mater |
University of Hawaii at Manoa Albany Law School |
| Political party | Republican |
Richard Dean "Dick" Parsons (born April 4, 1948), an American business executive, is the former chairman of Citigroup and the former chairman and CEO of Time Warner. He stepped down as CEO of Time Warner on December 31, 2007. He is currently the interim CEO of the Los Angeles Clippers NBA franchise.
Parsons was born to an African-American family in Brooklyn, New York, on April 4, 1948. He was one of five children. His maternal grandfather had been head groundskeeper at Kykuit. Growing up in the Bedford-Stuyvesant area of Brooklyn, Parsons's father, Lorenzo Locklair Parsons, was an electrical technician and his mother, Isabelle (née Judd) was a homemaker. He skipped a grade in elementary school and another in high school. He later attended the University of Hawaii at Manoa, where at 6'4" tall he may have played varsity basketball. After four years, he was seven credits short of his diploma. However, he discovered that he could get into a law school in New York without a college degree if he scored well enough on his pre-law exams. Parsons was accepted by Albany Law School, where he earned a Juris Doctor in 1971, finishing at the top of his class.
In 1971, Parsons served an internship at the New York State Legislature, at which time he was invited to work as a lawyer for the staff of New York Governor Nelson Rockefeller. 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. He also met a deputy attorney general, Harold R. Tyler, and one of his aides, a young Rudolph W. Giuliani, with whom he was to be closely associated - supporting him in his campaign for New York mayor and heading his transitional council.
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