Parsons and his staff were responsible for providing advice to the president and formulating domestic policy in the areas of affirmative action, busing, civil rights, communication, consumer affairs, crime, drugs, illegal aliens, Indians, justice, postal service, Puerto Rico, privacy, regulatory reform, sex discrimination, and voting rights. CNET News.com (April 3, 2002) http://news.com.com/2009-1023-873910.html (accessed on July 29, 2004). The conglomerate was also saddled with significant debt. President Ford also used his services, first as a general council and then as associate director of the domestic council. In the same Business Week interview, the CEO revealed, "I take this job seriously. Barbara, 39, and her husband Craig Coyne, 40, announced the arrival of daughter Cora Georgia Coyne last week. They credit him with keeping employees informed every step of the way, producing videos for employee distribution. While in Hawaii, he also met his future wife, Laura Bush. May 12, 2010, 1:05 PM. Richard Parsons has become one of the most prominent figures in American business, without rising through the usual ranks required to reach a high-level corporate position. https://www.wildseedfarms.com/products/laura-bush-petunia?_pos=1&_sid=4ae16d8ec&_ss=r&variant=33577323524. Financial Times, December 8, 2001, p. 13. Black Enterprise, October 1994, pp. On October 1, 1995, Parsons was appointed president of Time Warner with a salary of several million dollars per year. Parsons refused the position but consented to work as the Economic Development Corporation chairperson. Retrieved March 21, 2023 from Encyclopedia.com: https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948. . 68-70, 72, 76, 77; January 1995, p. 15. Business Week, November 14, 1994, pp. [5] Growing up in the Bedford-Stuyvesant area of Brooklyn, Parsons's father, Lorenzo Locklair Parsons, was an electrical technician and his mother, Isabelle (ne Judd) was a homemaker. on August 30, 1968. WebLauren Bush Lauren was born on June 25, 1984 in Texas, USA. Greg Grant, Texas born, a renowned horticulturist, plant inventor, writer, lecturer, and story teller had a passion for old fashioned, heirloom plants and an obsession for developing plants that could survive on their own in the demanding Texas environment. WebLaura L Parsons, 86 Resides in Sharpsburg, GA Lived In Douglasville GA, Newnan GA, Mobile AL Related To Ocena Parsons Includes Address (7) Phone (3) See Results Laura E Parsons, 46 Resides in Mckinney, TX Lived In Lewisville TX, Richardson TX, Lubbock TX Related To Wayne Chester, Andrew Chester As associate director, Parsons succeeded Geoffrey Shepard in handling general government, which included justice, treasury, commerce, the postal service, civil rights, and drugs. Zone Development Corporation, which was established to spur the development of business and the growth of job opportunities in Harlem. Chairman and chief executive officer, Goldman, Sachs & Company In the Washington Post, Levin called Parsons an exceptional business leader with the broad experience, financial acumen and the knowledge of our business that will strengthen and solidify our corporate management., Parsons accepted the presidency for a reported salary of several million dollars a year. The merger was made official in 2001, when AOL purchased Time Warner for a reported $168 billion. WebIn 1968, Parsons married Laura Ann Bush, a community activist with a doctorate in child psychology, who he met at the University of Hawaii. [6] He skipped a grade in elementary school and another in high school. 2019Encyclopedia.com | All rights reserved. Parsons had no clear idea what direction to take after college, but at the prompting of Laura, he decided to go to law school. Just before Parsons officially took over from Levin in May of 2002, the company posted a quarterly loss of $54 billion, the largest in U.S. history. . parsons richard citigroup dean aka chairman Laura Bush | Who2 www.who2.com bush laura who2 Lauren bush david laura miranda kerr coocoo coconut oil marries models. "He is a persuader, not a dictator," a former colleague told CNET News.com. He became an advisory trustee of the family's principal philanthropy, the Rockefeller Brothers Fund, and he sits with David Rockefeller on the board of the World Trade Center Memorial Foundation. Cite this article Pick a style below, and copy the text for your bibliography. Encyclopedia.com. Retrieved March 21, 2023 from Encyclopedia.com: https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948-0. In 2003 the University of Hawaii awarded Parsons the honorary doctor of humane letters degree. For a brief time he worked for Nelson Rockefeller at the family office, "Room 5600", at Rockefeller Center.[8]. Washington Post, November 1, 1994, p. D5; December 6, 2001, p. EO1. She traveled to numerous [13] He is chairman of the advisory board of Feigen Advisors, a CEO advisory firm run by Marc Feigen. Then, they dont value it. Resides in Braintree, MA. 2023 . After the deal was made, AOL Time Warner's board responsibilities were split directly in half, with one exception: Levin became the sole CEO in charge of operations; Case retained a backseat role as chairman. For more on AOL Time Warner's executive changes, click Parsons accepted the presidency for a reported salary of several million dollars a year. [27][28][29] Being of Liberian ethnicity, Cooper founded the MacDella Cooper Foundation in 2004 to help orphans and abandoned children in Liberia following the Second Liberian Civil War. The hope was that by combining forces they would make the most successful merger in history: AOL would have access to Time Warner's massive media content and it would be able to reach even more users thanks to TW's cable television operations. His tactics paid off, and in just a few years, Parsons had reduced the amount of the Dime's bad debts from $1 billion to $335 million. Parsons also served as chairman of the Apollo Theater Foundation, Inc. and sat on the boards of several arts, educational, and commercial organizations, including the Metropolitan Museum of Art, Citigroup, and Este Lauder, Inc. Parsons served as trustee of numerous Rockefeller entities, including one that holds stock in all of the family businesses. Seedlings were germinated from the V.I.P. and grown to plants. Parsons, however, was an extremely bright young man, who went on to graduate from high school when he was just sixteen years old. In just a few years he reduced the Dimes $1 billion in bad debts to $335 million. Encyclopedia.com. "AOL Time Warner Still Fixing Holes." Jet (December 24, 2001): p. 6. The bank had suffered a series of losses due to the drastic devaluation of New York City real estate in the late 1980s, and during the previous year it had lost $92.3 million. "Can a Nice Guy Run This Thing?" In 1988, just when it seemed that Parsons was poised to become head of his law firm, the news was announced that he had accepted the position of chief operating officer (COO) of the Dime. Whether I was an African-American, an Arab-American, a Jewish-American, or some other American, there are a lot of people who I cannot let down, so you have to live your life a certain way to be a role model to the people who are important to you.. However, he discovered that he could get into a law school in New York without a college degree if he scored well enough on his pre-law exams. I know the bank is in good hands.. It was a drastic move, but he also kept communications open with his employees every step of the way. Ultimately, it's hard to predict what will happen April 27. My wife became my focus and the person to whom I owed my best. His plans to become a fighter pilot were redirected to law school largely due to Bushs influence. Many, however, questioned the appointment since Parsons had no real experience in the banking industry. WebLaura Bush Parsons and Richard Parsons attend Apollo Club Harlem at The Apollo Theater on February 18, 2013 in New York City. With the bank on solid ground, Parsons set his sights on a new enterprise. It was either you go for it, or its gone forever, claimed Parsons in Black Enterprise. Cable News Network. CNNMoney.com (December 5, 2001) http://money.cnn.com/2001/12/05/ceos/parsons_profile (accessed on July 29, 2004). By the mid-2000s, however, analysts reported that Time Warner was on a definite upswing: employee morale was high, investors were newly confident, and the monstrous debt had been significantly slashed. Lauren Bush Lauren was born on June 25, 1984 in Texas, USA. Although Levin was effectively in charge, it was Parsons who consistently took on the tough assignments and it was Parsons who employees turned to for guidance. In addition, the appointment positioned him second in command over the Time Warner holdings in magazine and book publishing, music, film, entertainment, theme parks, and cable television. Contemporary Black Biography. I dont do anything differently than I would otherwise because I have that responsibility to my family, he told the New York Times in 1994. Decker, Ed. (March 21, 2023). Beginning his legal career as an aide on New York governor Nelson Rockefellers legal staff, Parsons made a very favorable impression on the governor. Parsons was profiled in Black Enterprise's "Under 30 & Moving Up"' series in 1975. Publicity Listings . Whether he remains with Time Warner or runs for public office, or goes in a totally different direction, Parsons will continue to be a role model in the African American community. In 1999, when AOL and Time Warner merged, parsons became the co-chief operating officer, a position shared with Bob Pittman. ." In this case, Parsons was forced to tap into both sides of his personality. Hard work has been a crucial component of the Parsons success story, a value he claims to have learned from his father. On May 16, 2001, Parsons replaced Gerald Levin as CEO of the AOL-Time Warner Corporation. Dr. Parsons, collected seeds from the 3 surviving selections, propagated, replanted, and subjected them to continued field torture and reselection. [2] On October 21, 2018, he resigned for health reasons from CBS and was replaced by Strauss Zelnick. In a Black Enterprise article, he openly rejected the Democrats' philosophy of taking from one group to give to another. ." Governor Rockefeller rewarded Parsonss solid performance by keeping him on his staff when he became vice president under President Gerald Ford in 1974. She is a member of The Ivy Club, one of Princeton's ten eating clubs, and is listed as listed as a vegetarian by famousveggie.com. He also earned staff respect at Dime with his fair treatment of personnel. [2] In October 2018 Parsons stepped down from the position, citing difficulties brought about by his battle with Multiple myeloma. Memberships: Member of presidential Drug Task Force; chairman, Wildcat Service Organization. Just when he seemed poised to become the first black to head a major law firm, shock waves rippled through the New York corporate world in 1988 when Parsons was appointed chief operating officer of the Dime by chairman and CEO Harry Albright, Jr. Before being offered the position, Parsons had never even considered entering the banking business. 1946 Parsons answered these reservations by promising to devote his full attention to his new $525,000-a-year post. The couple has three children. "I always knew I'd rise to the top; it never occurred to me that I couldn't.". Lloyd, Fonda Marie, and Mark Lowery. Contemporary Black Biography. Some predicted a future in politics for Parsons. Richard Parsons has become one of the most prominent figures in American business, without rising through the usual ranks required to reach a high-level corporate position. According to Better Chance president Sandra Timmons, as quoted by Hispanic PRWire, "Richard Parsons serves as a role model for aspiring executives of all races, but his success has earned him a special leadership role among African Americans.". A WarnerMedia Company. The drag on the company continued to be AOL, which consistently floundered. "Can Dick Parsons Rescue AOL Time Warner?" Broadcasting executive Percy E. Sutton served as Manhattan borough president between 1966 and 1977, Hank Paulson Some considered the Parsons appointment at Time Warner to be a significant achievement for black executives, one that helps pave the way for them to enter the highest positions in business. [8] He helped negotiate the company's merger with America Online in 2000, creating a $165-billion media conglomerate[10] that is "usually described as the worst merger of all time. In addition, thanks to an industry-wide technology slump, AOL, which had promised big revenues, had failed to deliver. [4][27], In 2009, he had a child with model-philanthropist MacDella Cooper as a result of an extra-marital affair. In 2001, United States President George W. Bush selected Parsons to co-chair a commission on Social Security. "Getting your team together is the more important thing." Observer, (London, England) December 9, 2001, p. 4. This degree is awarded by the Board of Regents to individuals distinguished by their national or international reputation or accomplishments in scholarship, public service, profession, industry, or other areas. Where are they? WebLaura Bush is a leading voice for spreading freedom and promoting human rights across the globe. To many, it seemed that Pittman took on most of the plum assignments in the company, considering he was in charge of the high-profile AOL operations. Under his tutelage the bank staged a remarkable comeback, largely through his massive overhauling of the banks management systems and work force. Born April 4, 1948 in Brooklyn, NY; son of Lorenzo tocklair (an airline technician) and Isabelle (a homemaker; maiden name, Judd) Parsons; married Laura Ann Bush, August 30, 1968; children: Gregory, Leslie, Rebecca Education: Graduated from University of Hawaii, 1968; Union University, University of Albany Law School J.D., 1971. But it was Parsons who oversaw the units that brought in the most revenue, including Warner Brothers, New Line Cinema, and Time Warner Trade Publishing. . Mayor Giuliani later asked Parsons to become his Deputy mayor for Economic Development. ." Time (December 17, 2001). Laura Bush Remembers the First Time She Met George and When He Proposed. Its a venue to which I could see myself returning at some point in time, he told the New York Times in 1994, referring to public service as the highest calling, large and important work.. "And he would do it in a way that everyone would feel good about the outcome." He was also in charge of the legal department and human resources.

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Strauss Zelnick president Gerald Ford in 1974 Encyclopedia.com: https: //www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948 executives who elevated! $ 1 billion in bad debts to $ 335 million his Deputy mayor for Economic Development solid financial ground Parsons..., producing videos for employee distribution the drag on the transition team for Michael,..., 2001, p. D5 ; December 6, 2001 ) http: //news.com.com/2009-1023-873910.html Accessed. City in 2001, United states president George W. Bush selected Parsons to co-chair a commission on social.... His father with teaching him to concentrate on achievement rather than dwell on race 's Board trustees... Hnapokra elzrkozik staff respect at Dime with his employees every step of the Board for CBS, replacing Moonves. Much as Private Sector success Define AOL Time Warner tutelage the bank now on solid financial,... 2001 ): 38-39 financial ruin group to give to another them continued.

As he told Cohen, "Ideally, you want to underpromise and overdeliver. Henry Louis Gates Jr. New York: Oxford University Press, 2004. I dont do anything differently than I would otherwise because I have that responsibility to my family, he told the New York Times in 1994. As Parsons said in the New York Times in 1994, becoming a part of that Rockefeller entourage created for me a group of people whove looked out for me ever since. Parsons own concern for the underprivileged has been clearly shown by his work as chairman of the Wildcat Service Corporation, which has provided on-the-job instruction for people whose previous crimes, drug addiction, or poverty have made it difficult to find work.

Vol. By the mid-1970s Parsons was noted as a rising star among black professionals, and he was profiled inBlack Enterprises Under 30 & Moving Up series in 1975. ." As he told Ebony, I have never missed a single day of work in my life. Eds. By July more than half the plants had been eliminated by the summer heat and a frigid January norther finished off the rest, except for 3 plant selections. "Parsons the Man: Public Service as Much as Private Sector Success Define AOL Time Warner's New CEO." On May 9, 2014, in the wake of the Donald Sterling racial remarks controversy, it was announced that Richard Parsons was appointed the interim CEO of the Los Angeles Clippers. In 1968, Parsons married Laura Ann Bush, a community activist with a doctorate in child psychology, who he met at the University of Hawaii. Grant iris louisiana greg swamp garden april grow rain mr highs lows plantanswers plant where dig every need story occupied. Parsons's critics were not impressed by this middle-of-the-road philosophy, but his supporters pointed out that underlying the nice-guy image was a savvy businessman. With the bank now on solid financial ground, he engineered a merger with Anchor Savings Bank to create Dime Bancorp in early 1995. Although she never cared to think in these terms, Jane Bolin would often have her name followed with the descriptive, "first black wo, John Vliet Lindsay In his eleven years with Patterson, Parsons cemented his reputation as a skilled negotiator. She said I needed the change., Parsonss appointment made him the first black to manage a lending company the size of Dime Savings Bank. Detroit, Mich.: Gale Research, 1996. They credit him with keeping employees informed every step of the way, at one point even producing several videos that were distributed to employees. When Albright departed the Dime, Parsons became chairman and CEO. Parsons also worked on the transition team for Michael Bloomberg, who was elected Mayor of New York City in 2001. Laura A Sawyer, 45. Morningstar: 2018 ", "15 years later, lessons from the failed AOL-Time Warner merger", "Sir Win Bischoff to leave early from chairmanship of Citigroup", "Citi Chairman Is Said to Have Planned Chief's Exit Over Months (Published 2012)", "Richard Parsons resigns as CBS chairman due to complications from cancer", "Richard Parsons to Become Chairman of Rockefeller Foundation", "Richard D. Parsons The Rockefeller Foundation", Partnership Members Assist Spitzer Transition Team, "Time Warner Chairman Richard Parsons Says He Won't Run for Mayor New York Magazine", "Ex-Time Warner chairman named interim Clippers CEO", "Love tangle for power broker: Citigroup's Richard Parsons has love child with model MacDella Cooper", "How Time Warner's Former CEO Is Helping Democratize Cancer Research", "Richard Parsons Steps Down as Interim Chairman of CBS", https://en.wikipedia.org/w/index.php?title=Richard_Parsons_(businessman)&oldid=1147953876, American chief executives in the media industry, Hawaii Rainbow Warriors basketball players, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 April 2023, at 06:30. When Parsons was named chief executive officer (CEO) in 2002 and chairman in 2003, he became one of the most powerful executives in the United States, but he also inherited a mountain of problems. Parsons credits his father with teaching him to concentrate on achievement rather than dwell on race. In doing so, he became the first African American to head a lending institution of such proportion. Peter J. In fact, in 1995 he was key in orchestrating the successful merger between the Dime and Anchor Savings Bank. Over the years Parsons has, however, admitted the possibility of entering politics later in life. Notable Black American Men, Book II. In his biggest move to trim the $27 billion debt, Parsons sold Warner Music Group in November of 2003 for a reported $2.6 billion. Business Week Online.http://www.buisnessweek.com/magazine/content/03_20/b3833001_m2001.htm (Accessed 2 December 2005).

He is also Chair of the Apollo Theater Foundation and co-chair of the advisory board of the Smithsonian National Museum of African American History and Culture. Mikor kiderl, hogy valjban csak egy prbabb Roger teljesen magba fordul s hnapokra elzrkozik. | Both colors are available from John Thomas Wildseed Farms (www.wildseedfarms.com) in Fredericksburg, Texas. There are a number of other black executives who have elevated positions in corporate America, said Parsons in Black Enterprise. He was again entering an industry that was new to him, and some doubted his qualifications. "That's what makes you different from your competition," he maintains. [14], In September 2018, Parsons became the Interim Chairman of the Board for CBS, replacing Les Moonves. Nationality: American. 2023 . Earlier generations of Verstuyfts had been flower growers in Belgium. He joined the foundation's board of trustees in 2008. J. Bruce Llewellyns career history might be viewed as a virtual microcosm of twentieth-century minority, Attorney, broadcasting executive, elected official The bank suffered many losses due to New York City real estate devaluation in the 1980s and during the previous year had lost $92.3 million. Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA). [6], In 1971, Parsons served an internship at the New York State Legislature, at which time he was invited to work as a lawyer for the staff of New York Governor Nelson Rockefeller. Parsons' grandfather, Judd, was a groundskeeper on Pocantico, part of the Rockefeller estate, long before Parsons became a protg of Nelson Rockefeller. When Rudolph Giuliani (1944) was elected mayor of New York in 1993, Parsons headed his transitional council; he served on the transition team when Michael Bloomberg (1942) became the mayor of New York in 2001; and that same year, he was named co-chair of President George W. Bush's Social Security Commission. Encyclopedia.com. Its not a bad time for me to make a move. Landler, Mark "Watch Your Back, Mr. Parsons" Business Week (14 November 1994): 38-39. Parsons was named CEO for AOL Time Warner. They have three grown children. It is reported that the Laura Bush Petunia flourished at the Washington, D.C. Whitehouse as well at other State executive residences, and in gardens at Camp David, Maryland, as well as at the Bush ranch in Crawford, Texas, which would indicate that it can also be hearty in cooler more humid climates. During his 11 years at the firm Parsons took on Happy Rockefeller, the widow of Nelson (who had died in 1979) as a high-profile client. Skeptics also wondered how Parsons would fare in his new job considering the bank was facing financial ruin. In spite of its debt, the company reported an overall increase in revenue (6 percent) in early 2004, thanks to three of the Time Warner divisions: film, cable, and network advertising. Parsons also remained a committed leader in other areas of public and community service. https://www.encyclopedia.com/general/culture-magazines/parsons-richard, "Parsons, Richard He stepped down as CEO of Time Warner on December 31, 2007. When Rockefeller was appointed Vice President of the United States, in 1974, Parsons followed him to Washington D.C., where he worked directly with President Gerald Ford. Never. (September 4, 2011) Married her boyfriend of 7 years, Gave birth to her second son Max just 2 days after her paternal grandmother, View agent, publicist, legal and company contact details on IMDbPro, Solo: A Star Wars Story 2018 (NY) premiere. Parsons joined Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Education: Graduated from University of Hawaii, 1968; Union University, University of Albany Law School, J.D., 1971. In 2000, Parsons guided the merger of Time Warner with America Online (AOL). In April 1976 when Kathleen Ryan left the Domestic Council, responsibility for consumer affairs was given to Parsons' office. (March 21, 2023). https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948-0, Decker, Ed; Minderovic, Christine "Parsons, Richard Dean 1948 After graduation, he attended college at the University of Hawaii, where he excelled both academically and socially; Parsons was a varsity basketball player and the social chairman of his fraternity. 21 Mar. In addition, Parsons states that his rules for success include believing in yourself, acquiring necessary skills, and outworking the next guy. For more than a decade, she has led efforts through the U.S.-Afghan Womens Council to protect the hard-earned rights of women in that country. Bianco, Anthony, and Tom Lowry. They have three grown children: laura bush parsons Smithsonian's new african-american museum to feature artifacts from. If you are searching about Smithsonian's new African-American museum to feature artifacts from you've visit to the right place. He played varsity basketball there, and was also the social chairman of his fraternity. Decker, Ed "Parsons, Richard Dean 1948 [6] He later attended the University of Hawaii at Manoa, where at 6'4" tall he may have played varsity basketball. Richard Dean Parsons (born April 4, 1948), an American business executive, is the former chairman of Citigroup and the former chairman and CEO of Time Warner. University of Hawaii System.http://www.hawaii.edu/offices/bor/honorary/php?person=RP (Accessed 2 December 2005). From March 1975 to January 1976, Parsons was assisted in his duties by Lyn May, who had worked for Geoffrey Shepard. CNNMoney.com. Retrieved March 21, 2023 from Encyclopedia.com: https://www.encyclopedia.com/african-american-focus/news-wires-white-papers-and-books/parsons-richard. Member of the board of directors of Dime Savings Bank, Federal National Mortgage Association, Philip Morris Companies, Time Warner lnc., New York Zoological Society, and American Television & Communications Inc.; trustee of Rockefeller Brothers Fund, Howard University, and Metropolitan Museum of Art. Official Sites. Richard D. Parsons, Counsel and Associate Director for Justice, Civil Rights, Drugs and Consumer Affairs: Files, 197477. Most online reference entries and articles do not have page numbers. Member of the board of directors of Dime Savings Bank, Federal National Mortgage Association, Philip Morris Companies, Time Warner Inc., New York Zoological Society, and American Television & Communications Inc.; trustee of Rockefeller Brothers Fund, Howard University, and Metropolitan Museum of Art. . But, in this case, Parsons sits at the helm of one of the largest media companies in the world, Time Warner. Encyclopedia.com. He paid his law school expenses by working as a part time janitor and later as an aide in the New York State Assembly. In the latter post, Parsons focused on drug issues. [25], On May 9, 2014, in the wake of the Donald Sterling racial remarks controversy, it was announced that Richard Parsons was appointed the interim CEO of the Los Angeles Clippers. Critical to the next chapter in the Parsons success story was his work with the Dimes Saving Bank of New York, which he provided with legal counsel for about six years while with Patterson, Belknap, Webb & Tyler. 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https://www.encyclopedia.com/african-american-focus/news-wires-white-papers-and-books/parsons-richard, "Parsons, Richard "Parsons, Richard In 2004, he was awarded the Better Chance Corporate Award, an annual honor bestowed by the organization A Better Chance, which, according to Hispanic PRWire, "identifies, recruits, and develops leaders among academically gifted students of color." But it's not my life. On Thursday's Today show broadcast, Jenna Bush Hager sat down with her mother, former First Lady Laura Bush, to update viewers on the family's newest addition. north carolina discovery objections / jacoby ellsbury house Just twenty-three years old, and fresh out of law school, Parsons landed a job as an aide on the legal staff of Nelson Rockefeller (19081979), the governor of New York.

Parsons's tenure with Rockefeller and Ford opened up many doors for him and brought him to nationwide attention as an up-and-coming young executive. But we could argue that those who know best are the writers covering these teams. Parsons joined the Domestic Council staff in March 1975, serving both as legal council and as an associate director. Black Enterprise, 25 (October 1994): 69-76. However, the date of retrieval is often important. ." He graduated number one in his class of more than 100 students at the age of 23, then received the highest marks among 3, 600 lawyers who took the state bar examination in 1971. Named president of Dime Savings Bank of New York in 1988 even though he had had no previous experience in the banking industry, he masterminded a turnaround at the bank in just a few years. and/or its affiliates. Encyclopedia.com.