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Tuesday, November 06, 2007

Dick Parsons Steps Down At Time Warner

Richard Parsons, left, was chairman and CEO of TimeWarner for 5 years. He cleaned up the company from huge losses in 2002 when he took over and guided the company through the divorce from the AOL merger.

The departure does not appear to be related to any restatement of earnings or other company losses. Time Warner owns HBO, did own AOL until they split, Warner Communications, Time, Inc, Turner Entertainment, and New Line Cinema. Congratulations on your successful reign at Time Warner. If you need some work, we have some openings at AAEA.

posted by Norris McDonald at 2:49 PM

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