Richard Parsons
Richard Parsons
Richard Dean "Dick" Parsons, an American business executive, is the former chairman of Citigroup and the former chairman and CEO of Time Warner. He stepped down as CEO of Time Warner on December 31, 2007. He is currently the interim CEO of the Los Angeles Clippers NBA franchise...
NationalityAmerican
ProfessionBusiness Executive
Date of Birth4 April 1948
CountryUnited States of America
Richard Parsons quotes about
address aol board challenges company customers determination facing focus gratified highly increasing industries maximize people shares time together tremendous value work
I am highly gratified that the board shares my determination to maximize AOL Time Warner's tremendous potential, ... As we address the challenges facing our company and the industries in which we operate, I will work together with the extraordinary people in this company to focus on increasing value for our customers and our shareholders.
advertising aggressive aol both business confident create path pursuing value
We feel all the more confident in pursuing a more aggressive path to create value at AOL through both its subscription and advertising business initiatives.
aol driver enhanced neither short source term value
In my view, the real source of undervaluation is neither of these things, ... The real driver of enhanced value, I think, is going to be AOL in the short term and the long term.
aol general global independence leadership media particular permanent public role service time uniquely values
Ted's leadership role in the formation of global media in general and AOL Time Warner in particular is uniquely significant, ... His values of journalistic independence and public service are a permanent part of who we are and what we do.
begin clouds given good optimistic roll sky street takes though time type value work
I do think that when clouds roll in, it takes a while for them to roll out of the sky even though a lot of good work has been done underneath, ... We're optimistic that, given time and the right type of exposure, the Street will begin to see real value there.
fair front hard months pleased six work
While I'm pleased with the first six months of 2003, I think it's fair to say we still have a lot of hard work in front of us,
acceptable companies continue explore structure ways
We will continue to explore ways to structure a combination that will make sense for the two companies and be acceptable to the commission,
accelerate advertising broadband customers house inclined keeping leave network perspective transition trying universe
We're trying to actually accelerate the transition of our narrowband customers who are inclined to leave for broadband anyway. Keeping them in our house and in our network and in our universe from an advertising perspective makes sense.
confidence debt exploring number reduction
We're very comfortable where we are in debt reduction program, ... I have every confidence we've got more than one way to get there. We have a number of alternatives, we're exploring them all.
against investors judge movement progress quarter sort
As I said to the investors today, 'Don't judge us by what we said, judge us by what we do,' ... It's going to take us a little while to do some things. But if quarter by quarter we show movement and progress against this plan, I think the investors will then sort of say, 'Well, you know, they've got something there.'
brings people talking
We're talking to different people about different things. Everyone brings something different to the party.
announced challenges cloud company hanging help remove steps time today
While there are still challenges ahead, the steps we announced today will help to remove a cloud that has been hanging over the company for some time now,
We will try not to over-promise and we will deliver.
amount based devoted expect further resources review time work
We have devoted a significant amount of time and resources to our review and, based on the substantial work we have done to date, do not expect any further restatements from it,