NYC Mourns the Passing of Richard Parsons

<img src="https://nypost.com/wp-content/uploads/sites/2/2024/12/time-warner-ceo-richard-d-95872594.jpg?quality=75&amp;strip=all&amp;w=744" alt="Richard D. Parsons">

Richard Parsons, a prominent figure in New York City's business and philanthropic circles, passed away at the age of 76. Parsons was known as one of the city's "wise men," a testament to his impactful career and leadership.

A Remarkable Career

Parsons' career spanned decades, marked by his ability to guide major corporations through challenging times. He served as CEO of Time Warner and chairman of Citigroup, demonstrating his expertise in navigating complex business landscapes. His leadership also extended to stabilizing CBS following the departure of Les Moonves and aiding the Los Angeles Clippers in overcoming a significant crisis.

Philanthropic Endeavors

Beyond his corporate achievements, Parsons dedicated himself to philanthropy. He held key positions at organizations such as the Jazz Foundation of America, the Apollo Theater Foundation, and the Smithsonian National Museum of African American History and Culture. He was also involved in initiatives to promote equitable access to education in NYC's elite public high schools.

Public Service and Legacy

Parsons' commitment to public service is evident in his involvement with the transition teams for Mayors Rudy Giuliani and Mike Bloomberg, and President Barack Obama. His contributions to the city and nation are widely acknowledged, solidifying his legacy as a leader dedicated to both business success and social progress.

His friend Ronald Lauder aptly described him as "an American original, a colossus bestriding the worlds of business, media, culture, philanthropy, and beyond."

Rest in Peace

The passing of Richard Parsons marks a significant loss for New York City and the nation. His impact will be remembered for generations to come.