Richard Parsons, Former Time Warner CEO, Dies at 76 from Bone Cancer

Dec 26, 2024, 09:35 PM

Richard Parsons, the former CEO of Time Warner and a prominent figure in the media and finance industries, has died at the age of 76. Parsons, who also served as board chair at Citigroup and CBS, passed away in Manhattan due to bone cancer, after battling multiple myeloma. Throughout his career, he was known for his role in navigating complex corporate challenges, including leading Time Warner's recovery after its merger with AOL, and briefly serving as interim chairman of CBS following the resignation of Leslie Moonves amid sexual harassment allegations. Parsons was recognized for his contributions to various sectors, having also been involved with the Los Angeles Clippers and Citigroup during critical periods.