FILE PHOTO: Richard Parsons speaks during a news conference at Staples Center in Los Angeles, California May 12, 2014. REUTERS/Kevork Djansezian/File Photo
(Reuters) - Richard D. Parsons, a longtime banking executive who took the helm of Time Warner during a troubled time for the communications company and who helped Citigroup navigate the financial crisis, died on Thursday at age 76.
A prominent Black businessman, Parsons also helped the NBA's Clippers navigate a scandal over racism.
