Richard Parsons, a prominent Black executive known for his leadership in turning around Time Warner and Citigroup, died at 76 due to cancer. Parsons played a crucial role in navigating companies through significant crises, including the aftermath of the AOL merger and the 2008 financial collapse. Praised for his integrity and problem-solving skills, his contributions extended beyond business as he served on various boards and supported numerous charities. His legacy as a mentor and leader will impact countless professionals in the industry.