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By Nick Denton, 2:26 PM on Fri May 16 2008, 216 views (Edit, to draft, Top, Slurp)

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Richard Parsons, the most powerful African-American executive in media, is to step down as chairman of Time Warner and complete his handover of the conglomerate to CEO Jeff Bewkes.

More about Richard Parsons

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Dick Parsons Secret Love Child!
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