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flag Richard Parsons, 76, former CEO of Time Warner and leader in corporate recovery, has died.

flag Richard Parsons, former CEO of Time Warner, has died at 76. flag Known for leading Time Warner's recovery post-AOL merger, Parsons also served as chairman of Citigroup and interim CEO of the LA Clippers. flag Born in Brooklyn, he rose through the business world, stabilizing troubled companies and reducing Time Warner's debt by selling off assets. flag Parsons was celebrated for his leadership and ability to navigate complex corporate issues.

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