Time Warner Chairman Focus of First Leadership Conversations
Time Warner Inc. chairman Richard D. Parsons, was the featured guest for Creighton University’s College of Business speaker series, Leadership Conversations Tuesday, Feb. 26, on the Mainstage of Creighton’s Lied Education Center for the Arts.
The invitation only event was a guided conversation led by Roger Fransecky, Ph.D., Founder and CEO of The Apogee Group, Inc. It was presented in partnership with Cox Business, and will be available for viewing on Cox on Demand beginning March 6.
Parsons is credited with the turnaround and revitalization of the beleaguered media industry giant Time Warner after it lost its way in a merger with AOL.
In 2002, when he took the reins as CEO, Parsons' challenge was to put out fires while keeping the company’s existing media units from going off track. To do that, he called upon his careers in politics, law and banking. Under Parsons' direction, Time Warner returned to profitability in 2003, after two years of losses. Time Warner businesses include: AOL; Time Warner Cable; HBO; Turner Broadcasting System; New Line Cinema; Warner Bros. Entertainment; CNNMoney.com; and Time Inc.
He stepped down as CEO recently, but remains as chairman. In 2005, Institutional Investor magazine named Parsons the top CEO in the entertainment industry.
Considered one of the most respected African-American executives in the country, Parsons will be honored by BET television on Thursday, Feb. 28, as a Corporate Citizen http://www.bet.com/Specials/tbh08/tbh-news/tbh-news-richardparsons.htm?wbc_purpose=Ba
Parsons received the first Waite Medal for Leadership Excellence sponsored by The Anna Tyler Waite Center for Leadership in Creighton University’s College of Business. The Waite Medal is awarded to a notable business and community leader who has offered a compelling example of leadership excellence to Creighton University and its students.