Richard Parsons was born on 4 April 1948 in Brooklyn, New York City, New York, USA. He was married to Laura Ann Bush. He died on 26 December 2024 in Manhattan, New York City, New York, USA.
At Time Warner, he worked to reduce the massive debt built up by the merger with AOL by selling off properties, including the Atlanta Hawks and Warner Music Group. He also decided to remove "AOL" from the company's name post-merger. He stepped down as CEO in 2007, resigning as chairman the following year.
