Parsons was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later.

Richard Parsons‘ death has left the business world mourning the loss of a visionary leader. Known for his steady leadership, Parsons played a crucial role in reshaping Time Warner following its troubled merger with AOL.

The New York Times said the cause of death was cancer, citing Ronald Lauder, a longtime friend of Parsons and chairman of the board of Estee Lauder.

The business executive and formers CEO of Time Warner, Richard Dick Parsons, has passed away at age 76 due to complications from

Richard D. Parsons, a long-time banking executive who took the helm of Time Warner during a troubled time for the communications company and who helped Citigroup navigate the financial crisis, died on Thursday at age 76.

Dick Parsons, an American businessman who led Time Warner and helped iconic US companies navigate tough circumstances, has died at 76.

He was one of the preeminent Black executives of his generation, steering media and financial institutions through moments of boardroom and market turbulence.

Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. He was 76.