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The L.A. Clippers have a new CEO in Richard Parsons, former CEO of Time Warner and chairman of Citigroup, as first reported by David Aldridge of NBA.com.
NBA makes it official, naming Parsons interim CEO of Clippers. Parsons says in release he's "deeply troubled" by Sterling controversy.
— David Aldridge (@davidaldridgedc) May 9, 2014
This follows the NBA's announcement on Saturday that a CEO would be appointed in light of the Donald Sterling scandal to "ensure the stability of the team during this difficult situation."
On Tuesday, Clippers president Andy Roeser was put on an indefinite leave of absence, given his 30-year relationship with Sterling. Both Sterling and his wife Shelly have said they will not give up the team without a fight.
Parsons, 66, was born in Brooklyn, NY and played basketball himself at the University of Hawaii. In 2006, New York Magazine speculated that Parsons would run for Mayor of New York City in 2009. Parsons denied this and supported both the repeal of term limits and a third term for Mayor Bloomberg.
Editor's Note: A previous version of this post used a picture of Philadelphia Mayor Michael Nutter that was mislabeled by a Getty photographer. We've swapped in a photo of Richard Parsons, whose face we hadn't seen until now. We regret the error.