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Obit Richard P:arsons
FILE - Richard Parsons, Chairman of Citigroup, speaks at Time Warner's headquarters Monday, June 15, 2009 in New York. (AP Photo/Mark Lennihan, File)

Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76

Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died

By ANICK JESDANUN and MICHAEL R. SISAK
Published - Dec 27, 2024, 07:51 AM ET
Last Updated - Dec 27, 2024, 07:51 AM EST

NEW YORK (AP) — Richard Parsons, one of corporate America's most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. He was 76.

Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later.

The financial services company Lazard, where Parsons was a longtime board member, confirmed his death.

Parsons’ friend Ronald Lauder told The New York Times that the cause of death was cancer.

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