NEW YORK (AP) - Jeff Bewkes will succeed Dick Parsons as the CEO of Time Warner Inc. on Jan. 1, the company announced Monday, completing a widely anticipated succession at the top of the world's largest media conglomerate.
Parsons, who is 59 years old, will stay on as chairman. He had taken over in 2002, just as the company was reeling in the aftermath of its disastrous decision to be acquired by AOL.
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