FacultyFaculty/Author Profile

Richard D. Parsons

Citigroup
Chairman
New York, NY, USA


Richard D. Parsons is a Senior Advisor at Providence Equity Partners Inc., a leading private equity investment firm specializing in media, communications and information companies. He is also Chairman of the Board of Citigroup, Inc. Prior to serving in those roles, he was the Chairman of the Board and CEO of Time Warner, Inc., the
world's largest media and entertainment company, from 2002 to 2008. In its January 2005 report on America's Best CEOs, Institutional Investor magazine named Mr. Parsons the top CEO in the entertainment industry.

Before joining Time Warner, in 1995, Mr. Parsons was Chairman and Chief Executive Officer of Dime Bancorp, Inc., one of the largest thrift institutions in the United States.

Previously, he was the managing partner of the New York law firm Patterson, Belknap, Webb & Tyler. Prior to that, he held various positions in state and federal government, as counsel for Nelson Rockefeller and as a senior White House aide under President Gerald Ford. Mr. Parsons received his undergraduate education at the University of Hawaii and his legal training at Union University's Albany Law School.

In 2008, Mr. Parsons served as a member of then President-Elect Barack Obama's Economic Transition Team. His other civic and non-profit commitments include Chairman Emeritus of the Partnership for New York City; Chairman of the Apollo Theatre Foundation and of the Jazz Foundation of America, and service on the boards of
the Museum of Modem Art and the American Museum of Natural History.

Mr. Parsons is also a member of the boards of The Estee Lauder Companies, Inc. and Madison Square Garden, Inc.
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