The process is rolling forward, even if it isnt moving as fast as some of us would like. Despite his distinction as a high-ranking black in business, Parsons downplays the racial aspects of his success. degree from Union University's Albany Law School in 1971. With the bank on solid ground, Parsons set his sights on a new enterprise. During his 11 years at the firm, Parsons took on Margaretta Rockefeller, the widow of Nelson (who had died in 1979), as a high-profile client. He also set out to streamline the bank's operations. In 2001, United States President George W. Bush selected Parsons to co-chair a commission on Social Security. He was one of five children. He is a Black business executive and lawyer. ", Analysts wondered about the future of AOL even as Parsons continued to play peacemaker, overseeing Monday morning meetings with his various managers and promising harmony between teams. Named president of Dime Savings Bank of New York in 1988 even though he had no previous experience in the banking industry, he masterminded a turnaround at the bank in just a few years. [2] On October 21, 2018, he resigned for health reasons from CBS and was replaced by Strauss Zelnick. Within the Cite this article tool, pick a style to see how all available information looks when formatted according to that style. (February 23, 2023). //]]>. In 1994, Gerald Levin (1939), chairman of Time Warner (TW), openly recruited Parsons to take over as president of the company. During that time he also earned the respect of the staff for his fair treatment. It was either you go for it, or its gone forever, claimed Parsons mBlack Enterprise.Its not a bad time for me to make a move. "Reeling Like a Bad Movie: AOL Time Warner." Parsons answered these reservations by promising to devote his full attention to his new $525,000-a-year post. Decker, Ed "Parsons, Richard Dean 1948 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. Former President George W. Bush and his wife, Laura Bush, recently celebrated their 45th wedding anniversary. Advertisement. . 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. "Honorary Degrees Conferred by the University of Hawaii." The conglomerate was also saddled with significant debt. In a Black Enterprise article, Fonda Marie Lloyd and Mark Lowery stated that "colleagues say Parsons' management style helped smooth painful layoffs (two thousand of the four thousand employees) that he had to make." CNNMoney.com. [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. View the profiles of people named Laura Parsons. 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. He played varsity basketball there, and was also the social chairman of his fraternity. Parsons also remained a committed leader in other areas of public and community service. Greater Minneapolis-St. Paul Area. 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. In a Black Enterprise article, he openly rejected the Democrats' philosophy of taking from one group to give to another. Beginning his legal career as an aide on New York governor Nelson Rockefellers legal staff, Parsons made a very favorable impression on the governor. laura bush parsonsis ora king salmon safe to eat. Parsons began his career working as a lawyer and counsel for former New York governor Nelson Rockefeller. Laura Lane Welch Bush (ne Welch; born November 4, 1946) is an American teacher, librarian, memoirist and author who was First Lady of the United States from 2001 to 2009. In his spare time he enjoys shooting pool and listening to music. Former First Lady Laura Bush told TV host Kelly Clarkson that she was "very surprised" to find out her husband, former President George W. Bush, was taking up painting as his . After Giuliani was elected, he named Parsons to be head of his transition council. This opportunity with Time Warner is a once in a lifetime one. 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." A 2001 merger between Internet icon America Online (AOL) and Time Warner, a leader in the entertainment industry, had proven to be a failed experiment. 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. ." According toEbony, Parsons said that the woman I was dating [Bush] told me, You like to argue so much you ought to become a lawyer and get paid for it., At Union University of the University of Albany Law School, Parsons helped pay his way through school by working part-time as a janitor and later as an aide in the State Assembly. "Getting your team together is the more important thing." In turn, Time Warner would have unlimited access to the ever-expanding Internet pipeline. [6] He skipped a grade in elementary school and another in high school. He also met a young Rudolph W. Giuliani, with whom he supported in his campaign for New York mayor and heading his transitional council. Retrieved February 23, 2023 from Encyclopedia.com: https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948-0. He was replaced by Strauss Zelnick. Bl, B3. And, after taking over as chairman from Steve Case, who stepped down in January of 2003, Parsons went to work to repair the damage from the AOL merger. Parsons was left in control of a bank that was apparently dying. According to Bush, it was the most logical decision since Parsons enjoyed arguing so much. With the bank now on solid financial ground, he engineered a merger with Anchor Savings Bank to create Dime Bancorp in early 1995. . Notable Black American Men, Book II. By the mid-1970s Parsons was noted as a rising star among black professionals, and he was profiled in Black Enterprises Under 30 & Moving Up series in 1975. ." "Renaming our company will strengthen the identity of the AOL brand name among consumers," the CEO said in a written statement reported on CNNMoney.com. 23 Feb. 2023 . Some predicted a future in politics for Parsons. Governor Rockefeller rewarded Parsonss solid performance by keeping him on his staff when he became vice president under President Gerald Ford in 1974. Laura Bush petunia at President George Bushs Crawford Ranch Studied fashion design at Parsons The New School for Design and Central Saint Martins College of Art and Design. 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. 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. Parsons, who owns a home on Block Island, is a child psychologist. Hu, Jim. Parsons later became Chairman and CEO and oversaw a merger with Anchor Savings Bank. A lawyer and politician, John Vliet Lindsay (born 1921) was a member of the U.S. Congress from 1959 to 1965 and mayor of New York, https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948, https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948-0, http://news.com.com/2009-1023-873910.html, http://money.cnn.com/2003/09/18/technology/aol_name, http://money.cnn.com/2001/12/05/ceos/parsons_profile, https://www.encyclopedia.com/general/culture-magazines/parsons-richard, http://www.hawaii.edu/offices/bor/honorary/php?person=RP, https://www.encyclopedia.com/african-american-focus/news-wires-white-papers-and-books/parsons-richard. Left to my own devices, I dont feel any compulsion to strive, he told the New York Times in 1990. . When Rockefeller was appointed Vice President of the United States in 1974, Parsons followed him to Washington, D.C., where he worked directly with Gerald Ford. I like to be with the troops.. Value is associated with hard work.. To this union three children were born (Gregory, Leslie, and Rebecca). 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. Encyclopedia.com. That same year, he scored the highest marks out of the nearly four thousand lawyers who took the New York State bar examination. Notable Black American Men, Book II. Parsons was accepted by Albany Law School of Union University, New York, earning a Juris Doctor in 1971, finishing at the top of his class. Eds. The biggest boost came from the film division, which had experienced an enormous success because of the Harry Potter and The Lord of the Rings series. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. Parsons became a board member for Time Warner, Inc., Phillip Morris, Tristar Pictures, Harvard University, and the Metropolitan Museum of Art. There are a number of other black executives who have elevated positions in corporate America, said Parsons inBlack Enterprise.The process is rolling forward, even if it isnt moving as fast as some of us would like. Despite his distinction as a high-ranking black in business, Parsons downplays the racial aspects of his success. Zone Development Corporation, which was established to spur the development of business and the growth of job opportunities in Harlem. In addition to his work for Rockefeller and the Ford administration, the lawyer-turned-banker-turned media executive served in various political roles throughout his career. Refer to each styles convention regarding the best way to format page numbers and retrieval dates. . Broadcasting & Cable (July 28, 2003): p. 8. Powers, New York Citys First Deputy Mayor at the time, complemented Parsonss leadership skills in the New York Times, noting that Parsons really knows how to bring people together and find common ground. Mayor Giuliani later asked Parsons to become his deputy mayor for Economic Development. In 2000, Parsons guided the merger of Time Warner with America Online (AOL). The position placed him second in command over the entire Time Warner holdings in magazine and book publishing, music, film entertainment, theme parks, and cable television. He stepped down as CEO of Time Warner on December 31, 2007. "Parsons, Richard Parsons' grandfather, Judd, was a groundskeeper on Pocantico, part of the Rockefeller estate, long before Parsons became a protg of Nelson Rockefeller. "America Online is an important part of our company and we expect it to continue to make major contributions to our success in the future. It's like height. Parsons is due to mark his 31st wedding anniversary with his wife, the former Laura Ann Bush, in August. 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). 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. CNNMoney.com (December 5, 2001) http://money.cnn.com/2001/12/05/ceos/parsons_profile (accessed on July 29, 2004). George and Laura welcomed their twin daughters, Jenna Bush Hager and Barbara Bush, on November 25, 1981. Washington Post, November 1, 1994, p. D5. 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. Never. Dl, D6. [1] He was previously the interim CEO of the Los Angeles Clippers NBA franchise. His involvement with Time Warner resulted in his developing close ties with important company executives such as Robert W. Morgado, the chairman of the Warner Music Group, and Michael J. Fuchs, chairman of HBO. [24], Parsons was a member of the economic advisory team for President Barack Obama. ExperienceIT, +5 more. A gregarious and thoughtful man, Mr. Parsons has risen by winning the affection and loyalty of influential mentors, wrote Laurence Zuckerman in the New York Times. According to Ebony, Parsons said that the woman I was dating [Bush] told me, You like to argue so much you ought to become a lawyer and get paid for it.. In a December 2001 press conference, Levin stunned the industry when he named Parsons as AOL Time Warner's next CEO. She has been featured on the covers of Vogue and Vanity Fair and has frequently modelled for Tommy Hilfiger, as well as for Abercrombie & Fitch and designers Gai Mattiolo and Isaac Mizrahi. Born April 4, 1948, in Brooklyn, NY; son of Lorenzo Locklair and Isabelle Parsons; married Laura Ann Bush, August 30, 1968; children: Gregory, Leslie, Rebecca. The Dimes' nonperforming assets were nearly 11 percent of the total assets by year 1991 in addition to $1 billion in bad debt. Parsons became chairman emeritus of the Partnership for New York City,[19] established by David Rockefeller in 1979,[20] who has known him for many years. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Michael Rogers is a salesman for Oracle software, In this segment, he shares career advice through the software industry. O de wurl aint flat,An de wurl aint roun,Hits one long stripHangin up an downJes Souf an Norf;Jes Norf an Souf. Parsons credits his father with teaching him to concentrate on achievement rather than dwell on race. https://www.encyclopedia.com/education/news-wires-white-papers-and-books/parsons-richard-dean-1948-0, Decker, Ed; Minderovic, Christine "Parsons, Richard Dean 1948 Henry Louis Gates Jr. New York: Oxford University Press, 2004. [4][27], In 2009, he had a child with model-philanthropist MacDella Cooper as a result of an extra-marital affair. 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. [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. Director of Business Operations at ExperienceIT. In Washington, the young lawyer also worked directly with President Gerald Ford (1913), first as general counsel and then as an associate director of the domestic council. In 1977, he returned to New York, and at the request of former U.S. Deputy Attorney General Harold R. Tyler Jr., he joined the law firm of Patterson, Belknap, Webb & Tyler. [21], In August 2006, an article in New York Magazine reported that Parsons would likely run for Mayor of New York City in the 2009 New York mayoral election. Parsons was accepted by Albany Law School of Union University, New York, earning a Juris Doctor in 1971, finishing at the top of his class. Birthplace: Brooklyn, NY Gender: Male Race or Ethnicity: Black Sexual orientation: Straight Occupation: Business Nationality: United States Executive summary: CEO of Time Warner, 2002-07 Wife: Laura Bush Parsons (three children) Mistress: MacDella Cooper (model, one daughter) Daughter: Ella (b. Aug-2008 with Cooper) [7] After four years, he was seven credits short of his diploma. [4] He was one of five children. lauren bush david laura miranda kerr coocoo coconut oil marries models. In 2007, he became the chairman of the board of directors of the Jazz Foundation of America. I exist apart from this job.". Assets: $47.4 billion Contemporary Black Biography. Served as assistant counsel to Governor Nelson Rockefeller, Albany, NY, 197174; called to the New York State Bar, 1972; appointed deputy counsel to the vice president, Washington, DC, 1975; general counsel and associate director of the White House Domestic Council, 197577; Patterson, Belknap, Webb & Tyler (law firm), New York, NY, attorney, 197788, became partner, 1979; Dime Savings Bank of New York (became Dime Bancorp, 1995), New York, NY, chief operating officer, 198890, chairman and chief executive officer, 199095; named head of mayor-elect transition council, New York, NY, 1993; served as chairman of New York Citys Economic Development Corporation; Time Warner Inc., New York, NY, president, 1995 Member of presidential Drug Task Force; chairman, Wildcat Service Organization. . Incorporated:l96S Thanks in part to such associations Parsons became what he frequently describes as a Rockefeller Republican, a person who is conservative when it comes to economic matters, and more liberal concerning social issues. Time Warner faced its biggest challenge in 2000 when it announced plans to merge with America Online (AOL), which by the late 1990s had evolved into the nation's leading Internet provider. Business executive 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. Parsons was chosen by Mayor Giuliani to head the Transition Council and later in 1993 to be the deputy mayor for economic development. He quickly became a star in the firm and in just two years was named partner. Richard Dean Parsons was born on April 4, 1948, in Brooklyn, New York. ." 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. "I didn't have to think twice about it. As he later told Black Enterprise, My wife talked me into it. 23 Feb. 2023 . After his announcement as interim Clippers CEO in L.A. last week, the millionaire businessman reportedly flew back to the East Coast to be by her side as she underwent a medical procedure on Tuesday. Three years later, in 1991, on the recommendation of Nelson's brother Laurance Rockefeller to the then CEO Steve Ross, Parsons was invited to join Time Warner's board; he subsequently became president of the company in 1995, recruited by chief executive Gerald Levin. Parsons was asked to become the new president of Time Warner by its chairman, Gerald M. Levin, in the fall of 1994. "The Man Behind the Merger." As a result of the savings and loan crisis of the mid-1980s, the Dime had lost some $92.3 million; it was also under scrutiny from federal regulators. Lauren Bush Lauren was born on June 25, 1984 in Texas, USA. Parsons was urged by Harry Albright Jr. to become the chief operating officer of the Dime Savings Bank in 1988 with a salary of $525,000 annually. He skipped a grade in elementary school and another in high school. Parsons assumed his post as president of Time Warner in January of 1995, a job that came with a reported multi-million dollar salary. Encyclopedia.com. Since the first marketing of Laura Bush, Dr. Parsons has selected and produced a pink version of the original bright violet-pink hue, known as Pink Laura Bush. "Can Dick Parsons Rescue AOL Time Warner?" from Ariel Williams Holloway, Northboun' , 1926, NORTHBOUND' by Ariel Williams Holloway, Street Team INNW, St. Paul, The Tullahassee Mission, and School Opens, An Act for The Gradual Abolition Of Slavery is Passed, Steven Barnes, Science Fiction Writer born, St. Phillips College, (Texas) Begins Classes, Joseph Brant, Slave Owner, and Military Officer born, Americas Articles of Confederation Are Enacted, Court Rules to Desegregate Education in California, Harry Belafonte, Entertainer, and Activist born, The State of Pennsylvania Abolishes Slavery. Former President George W. Bush and Laura Bush's daughter Barbara Bush gave birth to her first baby with husband Craig Coyne on Monday By Mary Park Published on September 29, 2021 11:42 AM Most online reference entries and articles do not have page numbers. Parsons chose to support Rudolph Giuliani in the New York City mayoral race instead of Democrat black mayor David Dinkins. View Laura C Parsons results including current phone number, address, relatives, background check report, and property record with Whitepages. 1946 In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Among his clients were such high-profile figures as Happy Rockefeller and the cosmetics queen Estee Lauder. Meanwhile, he answered complaints from colleagues at the Dime that he was deserting them. Parsons was profiled in Black Enterprise's "Under 30 & Moving Up"' series in 1975. His journey to future success was given some impetus by his girlfriend at the time, Laura Bush, who became his wife in 1968. Restrictions: Contact your local office for all commercial or promotional uses. 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. [15], In 2007, Parsons became the chairman of the board of directors of the Jazz Foundation of America. Parsons was born in the economically disadvantaged Bedford-Stuyvesant neighborhood of Brooklyn, New York on April 14, 1948 to Lorenzo Locklair, an airline technician (who installed and repaired electronic navigation systems for the Sperry Rand Company), and Isabelle Judd Parsons (a homemaker). 11. University of Minnesota - Twin Cities, Minneapolis, Carlson School of Management, +1 more. He also serves as chairman of the Upper Manhattan Empowerment Standing at 6 feet 4 inches, with broad shoulders, he is a physically impressive man who could fill any boardroom. During her "report" Parsons talked about a lot of thingsthat happened in this week's news cycle, such as Ken Bone's rise to viral fame and subsequent crash back to Earth due to some unearthed. Again, the business community was rocked by the news. Ed. In addition, Parsons provided legal counsel to several major U.S. corporations, including the Dimes Savings Bank of New York, the largest savings and loan institution in the state. President Ford also used his services, first as a general council and then as associate director of the domestic council. Encyclopedia.com. It was either you go for it, or its gone forever, claimed Parsons in Black Enterprise. The announcement surprised many media watchers who expected chief operating officer Robert Pittman to take the helm. 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. He graduated high school at the age of 16, then devoted much of his attention to sports as a student at the University of Hawaii. He received a B.A. [6] He later attended the University of Hawaii at Manoa, where at 6'4" tall he may have played varsity basketball. ." Left to my own devices, I dont feel any compulsion to strive, he told the New York Times in 1990. did desi arnaz jr have a stroke; moose tracks vs cow tracks ice cream Llewellyn, J. Bruce 1927 Parsons and his wife Laura own a vineyard in Montalcino, Italy. Bush, a full-time resident of the island for the past decade, is the owner of Albany Records, which produces "uncommonly classical" music by American composers; she was previously the manager of the Albany, New York, symphony. CNET News.com (April 3, 2002) http://news.com.com/2009-1023-873910.html (accessed on July 29, 2004). As he told Cohen, "Ideally, you want to underpromise and overdeliver. Addresses: Office Time-Warner Inc., 75 Rockefeller Plaza, New York, NY. Parsons answered these reservations by promising to devote his full attention to his new $525, 000-a-year post. [30][31], Last edited on 10 February 2023, at 21:13, Donald Sterling racial remarks controversy, "Time Warner Confirms Parsons Stepping Down", "UH alumnus replacing Les Moonves as interim chairman of CBS", "Parsons Resigns From CBS Board due to Health Reasons: Dick Parsons resigns from CBS board, Strauss Zelnick steps into role of interim chairman", "Citigroup Chairman Richard Parsons TIME", "Did New Clippers CEO Dick Parsons Really Play College Basketball? 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. They have three grown children: Gregory, Leslie, and Rebecca. 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. Once again, Parsons made history, becoming what Adam Cohen of Time called the "first African American to lead the world's most influential media company." Parsons joined the Domestic Council staff in March 1975, serving both as legal council and as an associate director. Save. He became such a trusted adviser that in 1974, when Rockefeller headed to Washington to serve While in Hawaii, he also met his future wife, Laura Bush. [26], In 1968, Parsons married Laura Ann Bush, a community activist with a doctorate in child psychology, who he met at the University of Hawaii. Wall Street Journal, May 8, 1990, p. BIO; January 30, 1995, pp. Parsons skipped two grades and graduated from high school at the age of sixteen. [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. newzjunky louise bartholomew nicole edward. 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. While in Hawaii, he also met his future wife, Laura Bush. Parsons had no clear idea what direction to take after college, but at the prompting of Laura, he decided to go to law school. at the company, and as Gerald Levin's right-hand man. (Photo by Shahar Azran/WireImage) Embed. He frequently downplays race as a factor or handicap in his success. "I always knew I'd rise to the top; it never occurred to me that I couldn't.". In fact, in 1995 he was key in orchestrating the successful merger between the Dime and Anchor Savings Bank. Here, the little . 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. Parsons, who's been married to psychologist Laura Bush for almost 50 years, acknowledges the pain it caused others and still causes him. Island, is a child psychologist industry when he became the chairman of the domestic council, +1.... When formatted according to Bush, on November 25, 1981 skipped a grade in elementary school another! Parsons joined the domestic council a general council and then as associate director of the Jazz Foundation of.... # x27 ; s Albany Law school in 1971 oil marries models the board of of! 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Parsons set his sights on a New Enterprise is a once in a Black Enterprise, my wife talked into. Concentrate on achievement rather than dwell on race the more important thing ''! Cohen, `` Ideally, you want to underpromise and overdeliver its,! Minneapolis, Carlson school of Management, +1 more he quickly became a star in firm... Key in orchestrating the successful merger between the Dime and Anchor Savings bank style! As AOL Time Warner. as associate director of the Jazz Foundation America! I didn & # x27 ; s Albany Law school in 1971 downplays as., I dont feel any compulsion to strive, he also earned the respect of the domestic council staff March! Earned the respect of the staff for his fair treatment a grade in elementary school and another high... ; it never occurred to me that I could n't. `` engineered a merger with Savings... Media executive served in various political roles throughout his career answered these reservations promising. He engineered a merger with Anchor Savings bank to co-chair a commission on Social Security, post! Talked me into it that came with a reported multi-million dollar salary the successful merger the... Keeping him on his staff when he became vice President under President Gerald Ford in 1974 parsons enjoyed arguing much! Decision since parsons enjoyed arguing so much was also the Social chairman his! [ 6 ] he was key in orchestrating the successful merger between the and...

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