Former Time Warner Boss Named Interim Clippers CEO

May 12, 2014  •  Post A Comment

In the wake of a lifetime ban on L.A. Clippers owner Donald Sterling from the NBA, the former chairman of Time Warner, Dick Parsons, has been named to run the team on an interim basis, USA Today reports.

The NBA, under Commissioner Adam Silver, took control of the team as it plans to force Sterling to sell it, after he was taped making racist statements to a female friend.

Parsons, who played basketball at the University of Hawaii in the 1960s, held top executive roles at Time Warner from 1995 through 2007, and then served as Citigroup chairman from 2009 through 2012.

"Like most Americans, I have been deeply troubled by the pain the Clippers' team, fans and partners have endured," Parsons said in a statement. "A lifelong fan of the NBA, I am firmly committed to the values and principles it is defending, and I completely support Adam's leadership in navigating the challenges facing the team and the league. The Clippers are a resilient organization with a brilliant coach and equally talented and dedicated athletes and staff who have demonstrated great strength of character during a time of adversity."

dick parsons.pngDick Parsons

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