Richard Dean Parsons was born in Brooklyn, New York. He became the first African American to lead a major non-minority U.S. savings institution when he was appointed Chief Operating Officer of the Dime Savings Bank of New York in 1988. Parsons later served as CEO of Time Warner (2002–2007) and chairman of Citigroup (2009–2012), earning a reputation as a skilled crisis manager and one of the most influential Black executives in American corporate history.
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