Sunday, May 11, 2014

Ex Citigroup Chairman Dick Parsons Named Interim Clippers CEO



The NBA announced Friday that former Citigroup and Time Warner chairman Richard "Dick" Parsons will step in as the Los Angeles Clippers interim CEO.


According to USA Today, Parsons is ready to help lead the Clippers into the right direction after Donald Sterling's racist comments turned the players and fans off from the game.


"Like most Americans, I have been deeply troubled by the pain the Clippers' team, fans and partners have endured," Parsons said. "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."


Parsons has played basketball in the past at the University of Hawaii in the 1960's.


Adam Silver also said in a news release how thrilled he is for Parson's to take on a huge responsibility.


"I believe the hiring of Dick Parsons will bring extraordinary leadership and immediate stability to the Clippers organization," Silver said. "Dick's credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility."


Source: USA Today | Photo Credit: Wikipedia