laura bush parsons

Three years later, in 1991, he was invited to join Time Warner's board; he subsequently became president of the company in 1995 and helped negotiate the company's merger with America Online in 2000. Beginning his legal career as an aide on New York governor Nelson Rockefellers legal staff, Parsons made a very favorable impression on the governor. During his eleven years with the firm he was successful in both corporate law and civil litigation. 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. Under his tutelage the bank staged a remarkable comeback, largely through his massive overhauling of the banks management systems and work force. Encyclopedia.com. He serves on the board of several cultural institutions, including the Museum of Modern Art and Lincoln Center. "Richard Dean Parsons." Former President George W. Bush and his wife, Laura Bush, recently celebrated their 45th wedding anniversary. This political stance was consistent with his rejection of the Democrats philosophy. Broadcasting & Cable (July 28, 2003): p. 8. That same year, he scored the highest marks out of the nearly four thousand lawyers who took the New York State bar examination. Parsons was left in control of a bank that was apparently dying. He served as assistant counsel to Governor Rockefeller from 1971 to 1974 and was called to the New York State bar in 1972. In 2006, Parsons selected to co-chair the transition team for the incoming Governor of New York, Eliot Spitzer. [4][27], In 2009, he had a child with model-philanthropist MacDella Cooper as a result of an extra-marital affair. Here, the little . Born into a family of humble means in the BedfordStuyvesant section of Brooklyn, New York, and raised in Queens, New York, Parsons revealed an inherent intelligence but had few aspirations as a youth. [25], On May 9, 2014, in the wake of the Donald Sterling racial remarks controversy, it was announced that Richard Parsons was appointed the interim CEO of the Los Angeles Clippers. He was raised in the rough neighborhood of Jamaica, New York, a city in Queens County. They have three grown children: Gregory, Leslie, and Rebecca. She has been featured on the covers of Vogue and Vanity Fair and has frequently modelled for Tommy Hilfiger, as well as for Abercrombie & Fitch and designers Gai Mattiolo and Isaac Mizrahi. 2008 redeem team starting 5; who is sarah davis married to; [30][31], Last edited on 10 February 2023, at 21:13, Donald Sterling racial remarks controversy, "Time Warner Confirms Parsons Stepping Down", "UH alumnus replacing Les Moonves as interim chairman of CBS", "Parsons Resigns From CBS Board due to Health Reasons: Dick Parsons resigns from CBS board, Strauss Zelnick steps into role of interim chairman", "Citigroup Chairman Richard Parsons TIME", "Did New Clippers CEO Dick Parsons Really Play College Basketball? Parsons later became Chairman and CEO and oversaw a merger with Anchor Savings Bank. He received a juris doctorate from the Union University, University of Albany Law School in 1971. Parsons worked part-time as a janitor to pay his way through the University of Albany Law School in New York, and when he graduated in 1971, it was at the top of his class. Newzjunky - JCC Releases President's And Dean's Lists For Fall 2013 m.facebook.com. Assets: $47.4 billion O de wurl aint flat,An de wurl aint roun,Hits one long stripHangin up an downJes Souf an Norf;Jes Norf an Souf. . He played varsity basketball there, and was also the social chairman of his fraternity. He became such a trusted adviser that in 1974, when Rockefeller headed to Washington to serve While in Hawaii, he also met his future wife, Laura Bush. Parsons began his career working as a lawyer and counsel for former New York governor Nelson Rockefeller. Left to my own devices, I dont feel any compulsion to strive, he told the New York Times in 1990. Then, they dont value it. . He met with the then President-elect on Friday, November 7, 2008, along with many other economic experts, to discuss measures to solve the current economic crisis. As a result of the savings and loan crisis of the mid-1980s, the Dime had lost some $92.3 million; it was also under scrutiny from federal regulators. Richard Dean Parsons was born on April 4, 1948, in Brooklyn, New York. Contemporary Black Biography. At Union University of the University of Albany Law School, Parsons helped pay his way through school by working part-time as a janitor and later as an aide in the State Assembly. [6] He later attended the University of Hawaii at Manoa, where at 6'4" tall he may have played varsity basketball. The Atlanta Journal-Constitution wrote, His designation as chief executive of the $36 billion media empire proves that African-Americans can not only perform in positions of commercial leadership but can wildly surpass all expectations. Known for his excellent mediation skills and his ability to put others at ease, Parsons told The Atlanta Journal-Constitution that he is a lunch pail manager who will display an in-the-trenches style of leadership. Parsons answered these reservations by promising to devote his full attention to his new $525,000-a-year post. Parsons was accepted by Albany Law School of Union University, New York, where he earned a Juris Doctor in 1971, finishing at the top of his class. NEW YORK, NY - FEBRUARY 18: Laura Bush Parsons and Richard Parsons attend Apollo Club Harlem at The Apollo Theater on February 18, 2013 in New York City. Although Parsons refused that position, he consented to work as chairman of the citys Economic Development Corporation. In September of 2003, Parsons made a surprising announcement: AOL Time Warner was undergoing a name change, and would in the future be known as simply Time Warner. So, in 1976, when President Ford lost his re-election bid to Jimmy Carter (1924), Parsons did not lack for opportunities. The world's most influential media company, however, was struggling. In the May 1975 reorganization, his area of responsibility was divided, and Parsons became associate director for justice, crime, civil rights, and communications (communications was transferred to F. Lynn May in January of 1976). Parsons assumed his post as president of Time Warner in January of 1995, a job that came with a reported multi-million dollar salary. From March 1975 to January 1976, Parsons was assisted in his duties by Lyn May, who had worked for Geoffrey Shepard. "I didn't have to think twice about it. He stepped down as CEO of Time Warner on December 31, 2007. ." 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 was named CEO for AOL Time Warner. When Parsons was named chief executive officer (CEO) in 2002 and chairman in 2003, he became one of the most powerful executives in the United States, but he also inherited a mountain of problems. Value is associated with hard work.. They have three grown children: Gregory, Leslie and Rebecca. As he told Cohen, "Ideally, you want to underpromise and overdeliver. ." They have three grown children. Parsons had no clear idea what direction to take after college, but at the prompting of Laura, he decided to go to law school. 68-70, 72, 76, 77; January 1995, p. 15. Business Week, November 14, 1994, pp. He was also in charge of the legal department and human resources. [15], In 2007, Parsons became the chairman of the board of directors of the Jazz Foundation of America. Contemporary Black Biography. Parsons credits his father with teaching him to concentrate on achievement rather than dwell on race. Some top officials at the bank questioned his appointment, both because of his lack of experience in the banking industry and his previous work in government that made him likely to leave the company for the political arena. Contemporary Black Biography. [6] He skipped a grade in elementary school and another in high school. But, in this case, Parsons sits at the helm of one of the largest media companies in the world, Time Warner. After Giuliani was elected, he named Parsons to be head of his transition council. During that time he also earned the respect of the staff for his fair treatment. Peter J. He became an advisory trustee of the family's principal philanthropy, the Rockefeller Brothers Fund, and he sits with David Rockefeller on the board of the World Trade Center Memorial Foundation. "Parsons, Richard But in 2008, he was less of a doting husband when he fathered a daughter, Ella . Decker, Ed "Parsons, Richard Dean 1948 Parsons was chosen by Mayor Giuliani to head the Transition Council and later in 1993 to be the deputy mayor for economic development. He graduated number one in his class of more than 100 students at the age of 23, then received the highest marks among 3,600 lawyers who. As a result, Parsons became known as the consummate gentleman executive. "He is a persuader, not a dictator," a former colleague told CNET News.com. In May 2014, in the wake of the Donald Sterling racial remarks controversy, Parsons was appointed the interim CEO of the Los Angeles Clippers. By the mid-1970s Parsons was noted as a rising star among black professionals, and he was profiled in Black Enterprises Under 30 & Moving Up series in 1975. Nationality: American. Black Firsts. In 2003 the University of Hawaii awarded Parsons the honorary doctor of humane letters degree. [4] He was one of five children. He was born on April 4, 1948, in the Bedford-Stuyvesant section of Brooklyn, New York, and was raised in the New York borough of Queens. Whether I was an African-American, an Arab-American, a Jewish-American, or some other American, there are a lot of people who I cannot let down, so you have to live your life a certain way to be a role model to the people who are important to you.. 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. 11. UXL Newsmakers. During that time he also earned the respect of the staff for his fair treatment. An article in Business Week Online stated that after accepting the Time Warner presidency, "Parsons gradually made himself indispensable to Time Warner by taking on tough assignments that the increasingly insular Levin could not do himself." Powers, New York Citys First Deputy Mayor at the time, complemented Parsonss leadership skills in the New York Times, noting that Parsons really knows how to bring people together and find common ground. L. Mpho Mabunda and Shirelle Phelps. Refer to each styles convention regarding the best way to format page numbers and retrieval dates. University of Hawaii System.http://www.hawaii.edu/offices/bor/honorary/php?person=RP (Accessed 2 December 2005). In 2004, he was awarded the Better Chance Corporate Award, an annual honor bestowed by the organization A Better Chance, which, according to Hispanic PRWire, "identifies, recruits, and develops leaders among academically gifted students of color." April 20, 2021, 9:57 AM PDT / Source: TODAY. Laura Bush petunia at President George Bushs Crawford Ranch View Laura C Parsons results including current phone number, address, relatives, background check report, and property record with Whitepages. Parsons also worked on the transition team for Michael Bloomberg, who was elected Mayor of New York City in 2001. he would be leaving AOL Time Warner, the assumption was that Pittman would be his likely successor. Encyclopedia.com. ." CNNMoney.com. Financial Times, December 8, 2001, p. 13. ." He joined the foundation's Board of Trustees in 2008. 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. 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. The merger created the fourth largest thrift institution in the nation and the largest on the East Coast, with assets worth $20 billion. Dawn Bennett-Alexander assisted Parsons from March 1976 until the end of the administration. "I always knew I'd rise to the top; it never occurred to me that I couldn't.". He graduated number one in his class of more than 100 students at the age of 23, then received the highest marks among 3, 600 lawyers who took the state bar examination in 1971. "AOL Time Warner Still Fixing Holes." In his eleven years with Patterson, Parsons cemented his reputation as a skilled negotiator. In 2009, he had a child with model-philanthropist MacDella Cooper due to an extra-marital affair. I know the bank is in good hands.. Education: Graduated from University of Hawaii, 1968; Union University, University of Albany Law School, J.D., 1971. In September 2018, Parsons became the Interim Chairman of the Board for CBS replacing Les Moonves. His tactics paid off, and in just a few years, Parsons had reduced the amount of the Dime's bad debts from $1 billion to $335 million. After Giuliani was elected, he named Parsons to be head of his transition council. Though he went into remission after Stem-cell therapy, complications in 2018 caused him to step down from his role as Interim Chairman of the Board of CBS. Wall Street Journal, May 8, 1990, p. BIO; January 30, 1995, pp. Vol. Parsons skipped two grades and graduated from high school at the age of sixteen. Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA). The position placed him second in command over the entire Time Warner holdings in magazine and book publishing, music, film entertainment, theme parks, and cable television. 2019Encyclopedia.com | All rights reserved. In 1977, he returned to New York, and at the request of former U.S. Deputy Attorney General Harold R. Tyler Jr., he joined the law firm of Patterson, Belknap, Webb & Tyler. There are a number of other black executives who have elevated positions in corporate America, said Parsons inBlack Enterprise.The process is rolling forward, even if it isnt moving as fast as some of us would like. Despite his distinction as a high-ranking black in business, Parsons downplays the racial aspects of his success. Though he went into remission after Stem-cell therapy, complications in 2018 caused him to step down from his role as Interim Chairman of the Board of CBS. Once again, Parsons made history, becoming what Adam Cohen of Time called the "first African American to lead the world's most influential media company." [9], Parsons was chairman of Citigroup from February 23, 2009[12] until April 2012 when he was replaced by Michael O'Neill. Parsons was a member of the economic advisory team for President Barack Obama in 2008. ." window.__mirage2 = {petok:"Olb1PN4AOYQxfgUm1EldB37uVPcj4uBa8eBE3X8k2lQ-86400-0"}; Parsons, who owns a home on Block Island, is a child psychologist. DI, D6. In 1988, he was recruited to serve as a chief operating officer of the Dime Savings Bank of New York. . In 1988, just when it seemed that Parsons was poised to become head of his law firm, the news was announced that he had accepted the position of chief operating officer (COO) of the Dime. Mayor Giuliani later asked Parsons to become his Deputy mayor for Economic Development. Powers, New York Citys First Deputy Mayor at the time, complemented Parsonss leadership skills in the New York Times, noting that Parsons really knows how to bring people together and find common ground. Mayor Giuliani later asked Parsons to become his deputy mayor for Economic Development. She is also credited with creating a national initiative called "Ready to Read, Ready to Learn", which promotes reading at a young age. Fortune (August 8, 2004). He also earned staff respect at Dime with his fair treatment of personnel. Decker, Ed "Parsons, Richard Dean 1948 Peter J. In just a few years he reduced the Dimes $1 billion in bad debts to $335 million. "Honorary Degrees Conferred by the University of Hawaii." (February 23, 2023). Over the years Parsons has, however, admitted the possibility of entering politics later in life. A 2001 merger between Internet icon America Online (AOL) and Time Warner, a leader in the entertainment industry, had proven to be a failed experiment. from Ariel Williams Holloway, Northboun' , 1926, NORTHBOUND' by Ariel Williams Holloway, Street Team INNW, St. Paul, The Tullahassee Mission, and School Opens, An Act for The Gradual Abolition Of Slavery is Passed, Steven Barnes, Science Fiction Writer born, St. Phillips College, (Texas) Begins Classes, Joseph Brant, Slave Owner, and Military Officer born, Americas Articles of Confederation Are Enacted, Court Rules to Desegregate Education in California, Harry Belafonte, Entertainer, and Activist born, The State of Pennsylvania Abolishes Slavery. He paid his law school expenses by working as a part time janitor and later as an aide in the New York State Assembly. Color her surprised! In fact, in 1995 he was key in orchestrating the successful merger between the Dime and Anchor Savings Bank. As counsel to the Domestic Council, he worked closely with the Counsel to the President in providing legal guidance in the formulation of domestic policy. In a Black Enterprise article Parsons stated: "What motivates me is a sense of accountability to people who are important in my life." Join Facebook to connect with Laura Parsons and others you may know. ." After attaining her master's degree in library science at the University of Texas at Austin, she was employed as a librarian. Its not a bad time for me to make a move. But it was Parsons who oversaw the units that brought in the most revenue, including Warner Brothers, New Line Cinema, and Time Warner Trade Publishing. He has claimed that race was never a defining character in his life. Three years later, in 1991, on the recommendation of Nelson's brother Laurance Rockefeller to the then CEO Steve Ross, Parsons was invited to join Time Warner's board; he subsequently became president of the company in 1995, recruited by chief executive Gerald Levin. In his spare time he enjoys shooting pool and listening to music. "Parsons Faces Major Test in Unifying AOL Time Warner." This opportunity with Time Warner is a once in a lifetime one. In 2006, Parsons was selected to co-chair the transition team for the incoming Governor of New York, Eliot Spitzer. And, after taking over as chairman from Steve Case, who stepped down in January of 2003, Parsons went to work to repair the damage from the AOL merger. For the next six years, he served as the number-two executive Among the qualities that makes Parsons as successful as he is, said Brooks, are "his focus, his ability to analyze the facts and get to the bottom line, and his ability to motivate an. After graduation, he attended college at the University of Hawaii, where he excelled both academically and socially; Parsons was a varsity basketball player and the social chairman of his fraternity. 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. In June 2016, Parsons was appointed Board Chair of The Rockefeller Foundation, a foundation promoting the well-being of humanity worldwide. Advertisement. By the end of 1999, it was certified as a Texas Superstar which means it will show superior performance under Texas tough growing conditions in the Earth-Kind landscape. (September 18, 2003) http://money.cnn.com/2003/09/18/technology/aol_name (accessed on July 31, 2004). New York Times, May 8, 1990, p. D5; August 26, 1990, p. D5; July 7, 1994, p. D4; October 31, 1994, pp. Judge President Ford also used his services, first as a general council and then as associate director of the domestic council. Black Enterprise, 25 (October 1994): 69-76. "Parsons, Richard Parsons dealt with unhappy regulators. Thousand lawyers who took laura bush parsons New York Times in 1990 wall Street Journal, 8! Faces Major Test in Unifying AOL Time Warner is a persuader, not a dictator, '' former... Paid his law school in 1971 cemented his reputation as a skilled negotiator assisted Parsons from March to. # x27 ; s Lists for Fall 2013 m.facebook.com to make a move doctor of humane letters degree was! Chair of the nearly four thousand lawyers who took the New York State bar in.! The honorary doctor of humane letters degree defining character in his eleven years with Patterson, Parsons the. Team for the incoming Governor of New York, Richard Parsons dealt with unhappy.... 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