NBA Names Former Citigroup Chair Dick Parsons Clippers Interim CEO
The NBA on Friday named Dick Parsons the interim CEO of the Clippers. Parsons, whose previous titles include Citigroup Chair and Time Warner Chair & CEO, is currently a Providence Equity Partners Senior Advisor. Parsons in a statement said, "A lifelong fan of the NBA, I am firmly committed to the values and principles it is defending, and I completely support [Commissioner Adam Silver’s] leadership in navigating the challenges facing the team and the league" (NBA). Parsons reportedly "will give up" his seat on the board of MSG (TWITTER.com, 5/9).