Richard Parsons, who led Time Warner & Citigroup through troubled times, dies at 76

Richard Parsons, one of the most prominent Black leaders in corporate America, died at 76, according to financial services company Lazard.

The renowned business executive served as CEO of Time Warner and helped lead Citigroup during the financial crisis in 2008. Parsons also served as interim CEO for the Los Angeles Clippers after the NBA banned former owner Donald Sterling for racist remarks.

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This post was written by Josh Lynch