Richard ParsonsJeffrey Bewkes to Replace Richard Parsons as CEO of Time WarnerAuthored by Mark Hefflinger on November 5, 2007 - 9:33am.
Dulles, Va. - Richard Parsons will step down as the CEO of media giant Time Warner (NYSE: TW), the parent of AOL, effective Jan. 1, the company announced on Monday. Time Warner to Decide Future of AOL by End of YearAuthored by Mark Hefflinger on June 7, 2007 - 11:31am.
Dulles, Va. - Following months of speculation about a possible spin-off or sale of the company, media giant Time Warner said on Thursday that it will make a decision about the future of AOL by year's end, Reuters reported. AOL Time Warner Names Richard Parsons As Chairman and CEOAuthored by Mark Hefflinger on January 17, 2003 - 6:24am.
New York -- AOL Time Warner announced that its board of directors voted to combine the positions of chairman and CEO, and unanimously named Richard Parsons to the position. Parsons will replace current chairman Steve Case, who announced his resignation last week and will step down in May. "I am highly gratified that the Board shares my determination to maximize AOL Time Warner's tremendous potential," said Parsons.
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