CNN —
Dick Parsons, an American businessman who led Time Warner and helped iconic US companies navigate tough circumstances, has died at 76.
A prominent Black business executive, Parsons was known for his problem-solving prowess, steering major companies, including Time Warner and Citigroup, through periods of distress. He also advised US presidents and served on the boards of Estee Lauder, the Museum of Modern Art and other companies. (Time Warner is the former parent company of CNN.)
Parsons’ death was confirmed in a statement from financial services firm Lazard, where he had served on
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