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
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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.
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It's market rumors, and I can't curb market rumors,
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I was a middle child. I grew up in Brooklyn with three sisters and a brother. You know what that means: everybody is constantly fighting with everybody and you are in the middle of the storm trying to make peace. That is your life. Making everybody work and play well together.
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My daughter watches the news, ... I think kids today are pretty well-informed about what's going on in the world. Hopefully, they'll be a generation that's going to be more understanding, open and willing to cooperate to solve the problems we have.
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sort of hit the pause button on that.
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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.
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AOL is still the largest and most profitable online company in the world and we're confident it is going to regain its stride as we go on from here, ... Are we in Virginia? Somehow I feel like we're not in New York.
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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.
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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.
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While no one can stand here and say we're never going to make a mistake, we're not going to make a mistake out of aggressiveness,
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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,
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We're looking out a couple of quarters, to be honest with you.
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What we have here is the city selecting services that, for whatever reason, the city happens to like and directing those services to be put on.
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The real driver of enhanced valuation is going to be AOL in the near term and the long term,