laura bush parsons

The Economicst (April 19, 2003). Bianco, Anthony, and Tom Lowry. Incorporated:l96S Listen to article. As a result of his involvement with Time Warner, he developed close ties with Robert W. Morgado, the chairman of the Warner Music Group, and Michael J. Fuchs, chairman of HBO.In the fall of 1994, Parsons was requested by Gerald M. Levin to become the president of Time Warner. 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. In addition, thanks to an industry-wide technology slump, AOL, which had promised big revenues, had failed to deliver. Dl, D6. Some predicted a future in politics for Parsons. Hard work has been a crucial component of the Parsons success story, a value he claims to have learned from his father. They have three grown children: Gregory, Leslie and Rebecca. Pick a style below, and copy the text for your bibliography. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. 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. I dont do anything differently than I would otherwise because I have that responsibility to my family, he told the New York Times in 1994. Still, when Levin announced, in late 2001, that It just isn't for me. Some considered the Parsons appointment at Time Warner to be a significant achievement for black executives, one that helps pave the way for them to enter the highest positions in business. Stock Index: New York Parsons skipped two grades and graduated from high school at the age of sixteen. 1946 Color her surprised! To many, it seemed that Pittman took on most of the plum assignments in the company, considering he was in charge of the high-profile AOL operations. "Renaming our company will strengthen the identity of the AOL brand name among consumers," the CEO said in a written statement reported on CNNMoney.com. Parsons also worked on the transition team for Michael Bloomberg, who was elected Mayor of New York City in 2001. Not one. Also fueling his rise were connections he has made with important people over the years. In 2001 Parsons was named the successor to AOL Time Warners CEO, Gerald Levin, who was retired in May of 2002. As he told Ebony, I have never missed a single day of work in my life. "The Man Behind the Merger." In his spare time he enjoys shooting pool and listening to music. "America Online is an important part of our company and we expect it to continue to make major contributions to our success in the future. "Parsons the Man: Public Service as Much as Private Sector Success Define AOL Time Warner's New CEO." In 2001, United States President George W. Bush selected Parsons to co-chair a commission on Social Security. . In fact, in 1995 he was key in orchestrating the successful merger between the Dime and Anchor Savings Bank. Memberships: Member of presidential Drug Task Force; chairman, Wildcat Service Organization. He quickly became a star in the firm and in just two years was named partner. April 21, 2021 11:45 am ET. Levin had been in negotiations with Steve Case (1958), AOL's CEO, for several years. UXL Newsmakers. [2] On October 21, 2018, he resigned for health reasons from CBS and was replaced by Strauss Zelnick. In his 11 years with the firm, he made his mark in both corporate law and civil litigation. Broadcasting executive Percy E. Sutton served as Manhattan borough president between 1966 and 1977, Hank Paulson Facebook gives people the power to. Born April 4, 1948 in Brooklyn, NY; son of Lorenzo tocklair (an airline technician) and Isabelle (a homemaker; maiden name, Judd) Parsons; married Laura Ann Bush, August 30, 1968; children: Gregory, Leslie, Rebecca Education: Graduated from University of Hawaii, 1968; Union University, University of Albany Law School J.D., 1971. Just twenty-three years old, and fresh out of law school, Parsons landed a job as an aide on the legal staff of Nelson Rockefeller (19081979), the governor of New York. 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. [4][27], In 2009, he had a child with model-philanthropist MacDella Cooper as a result of an extra-marital affair. "Richard D. Parsons Named New CEO of AOL Time Warner." [13] He is chairman of the advisory board of Feigen Advisors, a CEO advisory firm run by Marc Feigen. President Ford also used his services, first as a general. In 1993 Parsons was criticized by other blacks for supporting Rudolph Giuliani in the New York City mayoral race, instead of the incumbent Democrat, black mayor David Dinkins. 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. Chief among his tasks since joining Time Warner have been the restructuring of the companys financial and administrative operations, as well as evaluating the responsibilities of artists regarding explicit displays of sex and violence. Nationality: American. Since the first marketing of Laura Bush, Dr. Parsons has selected and produced a pink version of the original bright violet-pink hue, known as Pink Laura Bush. "He intellectualizes outcomes and gets people to agree with his outcomes." Parsons also inherited a number of problems when he assumed his new post in January of 1995. Parsons's critics were not impressed by this middle-of-the-road philosophy, but his supporters pointed out that underlying the nice-guy image was a savvy businessman. Whether I was an African-American, an Arab-American, a Je wish-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., After a year-long governmental review, Internet company America Online (AOL) and Time Warner merged in 2001. He frequently downplays race as a factor or handicap in his success. [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. Critical to the next chapter in the Parsons success story was his work with the Dimes Saving Bank of New York, which he provided with legal counsel for about six years while with Patterson, Belknap, Webb & Tyler. He was raised in the rough neighborhood of Jamaica, New York, a city in Queens County. According to Ebony, Parsons said that the woman I was dating [Bush] told me, You like to argue so much you ought to become a lawyer and get paid for it.. . I know the bank is in good hands., Some considered the Parsons appointment at Time Warner to be a significant achievement for black executives, one that helps pave the way for them to enter the highest positions in business. After attaining her master's degree in library science at the University of Texas at Austin, she was employed as a librarian. In 1999, when AOL and Time Warner merged, parsons became the co-chief operating officer, a position shared with Bob Pittman. Critical to the next chapter in the Parsons success story was his work with the Dimes Saving Bank of New York, which he provided with legal counsel for about six years while with Patterson, Belknap, Webb&Tyler. [CDATA[ Born April 4, 1948, in Brooklyn, NY; son of Lorenzo Locklair and Isabelle Parsons; married Laura Ann Bush, August 30, 1968; children: Gregory, Leslie, Rebecca. Chairman and chief executive officer, Goldman, Sachs & Company In the latter post, Parsons focused on drug issues. //]]>. The bank had suffered a series of losses due to the drastic devaluation of New York City real estate in the late 1980s, and during the previous year it had lost $92.3 million. Vol. Encyclopedia.com. (Photo by Shahar Azran/WireImage) Embed PURCHASE A LICENSE Get personalized pricing by telling us when, where, and how you want to use this asset. 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. They have three grown children: Gregory, Leslie, and Rebecca. Los Angeles Times, January 13, 2001, p. C1; December 6, 2001, p. C1. So, in 1976, when President Ford lost his re-election bid to Jimmy Carter (1924), Parsons did not lack for opportunities. . The proud parents were by Jenna's side when she married her husband, Henry Hager, in. Richard Dean "Dick" Parsons was born in Brooklyn, New York. B1, B3. While in Hawaii, he also met his future wife, Laura Bush. In 2003, Parsons announced the name change from AOL Time Warner to Time Warner. [14], In September 2018, Parsons became the Interim Chairman of the Board for CBS, replacing Les Moonves. "And he would do it in a way that everyone would feel good about the outcome." 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. When Robert Pittman stepped down as COO in June of 2002, Parsons quickly reorganized the company's top ranks by promoting some of Time Warner's former division chiefs. Former President George W. Bush and Laura Bush's daughter Barbara Bush gave birth to her first baby with husband Craig Coyne on Monday By Mary Park Published on September 29, 2021 11:42 AM Many doubted that he could succeed at Time Warner, which was considered to be a media giant, controlling virtually all aspects of the industry, including television (CNN, HBO, Turner Classic Movies, WB Network); film (Warner Brothers, New Line Cinema); publishing (magazines such as Time, People, and Sports Illustrated ); and music (Warner Music Group). Laura Bush petunia at President George Bushs Crawford Ranch His maternal grandfather had been head groundskeeper at the John D. Rockefeller estate, Kykuit. President Ford also used his services, first as a general council and then as associate director of the domestic council. April 20, 2021, 9:57 AM PDT / Source: TODAY. Time Warners record division was experiencing difficulty, and company officials were suspicious about the designs of Edgar Bronfman of the Seagram Companies, which owned 15 percent of the companys stock. In 2006, Parsons selected to co-chair the transition team for the incoming Governor of New York, Eliot Spitzer. As a result, the company struggled to maintain its credibility, its stock prices tumbled, and it faced $27 billion in debt. Parsons and his wife Laura own a vineyard in Montalcino, Italy. View Laura C Parsons results including current phone number, address, relatives, background check report, and property record with Whitepages. He also serves as chairman of the Upper Manhattan Empowerment Under President Gerald Ford, Parsons became a senior White House aide and served as a general counsel and an associate director of the Domestic Council. Decker, Ed "Parsons, Richard Dean 1948 AOL Time Warner's various operating units were still far from achieving a full integration. Parson changed his attitude dramatically (from negative to positive) and reached a turning point when he met and later married Laura Ann Bush, a child psychologist, [24], Parsons was a member of the economic advisory team for President Barack Obama. Parsons credits his experiences at the University of Hawaii as preparation for his future in corporate America. Apparently it was the right decision. 2019Encyclopedia.com | All rights reserved. And most 23 Feb. 2023 . In the Washington Post, Levin called Parsons an exceptional business leader with the broad experience, financial acumen and the knowledge of our business that will strengthen and solidify our corporate management., Parsons accepted the presidency for a reported salary of several million dollars a year. Peter J. Ed. Skeptics also wondered how Parsons would fare in his new job considering the bank was facing financial ruin. Laura Lane Welch Bush (ne Welch; born November 4, 1946) is an American teacher, librarian, memoirist and author who was First Lady of the United States from 2001 to 2009. 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. Birthplace: Brooklyn, NY Gender: Male Race or Ethnicity: Black Sexual orientation: Straight Occupation: Business Nationality: United States Executive summary: CEO of Time Warner, 2002-07 Wife: Laura Bush Parsons (three children) Mistress: MacDella Cooper (model, one daughter) Daughter: Ella (b. Aug-2008 with Cooper) With a calm, cool-headed resolve, he doggedly tackled the problems that lay ahead. This degree is awarded by the Board of Regents to individuals distinguished by their national or international reputation or accomplishments in scholarship, public service, profession, industry, or other areas. Black Enterprise, October 1994, pp. Among his clients were such high-profile figures as Happy Rockefeller and the cosmetics queen Estee Lauder. 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). Lauren Bush in New York Bush was signed with Elite Model Management before launching FEED. , which had promised big revenues, had failed to deliver Gregory, Leslie Rebecca... And copy the text for your bibliography commission on Social Security 1977, Paulson... For Michael Bloomberg, who was elected Mayor of New York Parsons skipped two grades and from. Work has been a crucial component of laura bush parsons domestic council were by Jenna & # x27 ; s side she! Would like run by Marc Feigen his outcomes. law and civil litigation and property record Whitepages. 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