Richard Parsons, the former CEO of Time Warner, has passed away at the age of 76. Lazard, where Parsons served as a long-term board member, confirmed his death in a statement, CNBC reports.
Parsons was known for guiding Time Warner through pivotal moments, including its separation from AOL, and for his leadership roles at Citigroup, the Los Angeles Clippers, and CBS during critical transitions. A Brooklyn native, he leaves behind a legacy of influential leadership across media, finance, and philanthropy.
