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Parsons's Reign

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Tuesday, November 6, 2007

Notable events at Time Warner over the past six years:

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¿ Dec. 6, 2001: AOL Time Warner chief executive Gerald Levin announces retirement; board names company executive Richard D. Parsons as successor.

¿ July 19, 2002: Jeffrey Bewkes becomes co-No. 2, sharing power with Don Logan.

¿ July 25, 2002: AOL Time Warner acknowledges SEC probe of AOL accounting.

¿ Aug. 7, 2002: Media veteran Jonathan Miller takes over AOL.

¿ Aug. 25, 2002: Parsons tells SEC that at least $49 million of AOL ad deals were wrongly recorded as revenue.


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