-
Richard D. Parsons, the politically connected chairman of Citigroup Inc., will step down from the board after 16 years, closing a chapter that included the company's near-death experience during the financial crisis.
March 2 -
Citigroup Inc. Chairman Richard D. Parsons said he supports tougher regulation for the banking sector in the aftermath of the financial crisis.
December 8 -
Citigroup Inc. Chairman Richard Parsons said the Obama administration's financial regulatory overhaul bill will make the country's largest banks bigger.
June 29
The financial advisory and asset management firm Lazard (LAZ) announced Wednesday that it has elected former Citigroup (NYSE:C) Chairman Richard D. Parsons to its board of directors.
Parsons left Citi in April after three years as its chairman and a dozen years as a director. Prior to that he was the chairman and chief executive at Time Warner and was at one time the chairman and CEO of the Dime Savings Bank in New York.
He currently serves in the boards of Estee Lauer Companies and the Madison Square Garden Company and is a member of the President's Council on Jobs and Competitiveness.
Lazard is one of the nation's oldest asset management and financial advisory firms, with roots dating to the mid-1800s. The New York-based firm has offices in 42 cities in 27 countries throughout the globe.
