Announcing the Sixth of Our 2014 Matrix Award Presenters
Senior Advisor, Providence Equity LLC
Presenting to Jonelle Procope
Richard 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 the former Chairman of the Board of Citigroup, Inc., and was the Chairman of the Board and CEO of Time Warner, Inc. In its January 2005 edition on America's Best CEOs, Institutional Investor magazine named Mr. Parsons the top CEO in the entertainment industry.
Before joining Time Warner, in 1995, Richard 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 and 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. Richard received his undergraduate education at the University of Hawaii and his legal training at Union University's Albany Law School.
In 2008, Richard served as a member of then President-Elect Barack Obama's Economic Transition Team. More recently, he served as a member of the President's Council on Jobs and Competitiveness. At present he is the Chairman of Governor Andrew Cuomo's New NY Education Reform Commission. His other civic and non-profit commitments include Chairman Emeritus of the Partnership for New York City; Chairman of the Apollo Theater Foundation and of the Jazz Foundation of America. He also serves on the boards of Teach for America, the Museum of Modern Art, and the Rockefeller Foundation.
Richard is also a member of the boards of The Estée Lauder Companies Inc., Lazard Frères and Company, and Madison Square Garden, Inc.