LOS ANGELES, CA -- 06/24/08 --
Richard D. Parsons, Chairman of the board
of Time Warner Inc. and architect of the media company's successful
turnaround, will be a keynote speaker at the 2008 ACG Los Angeles Business
Conference, to be held September 16 and 17 in Beverly Hills.
The conference focuses on corporate finance and M&A activity for
middle-market companies. It features globally renowned speakers on
business, technology and public affairs, as well as technical sessions on
finance and corporate growth.
Mr. Parsons served as Time Warner's Chief Executive Officer from May of
2002 to December of 2007. As CEO, he led a turnaround that set the company
on a solid path toward sustainable growth. He built what has been described
as the entertainment industry's most experienced and successful management
team; strengthened the balance sheet and simplified the corporate
structure; and realigned its portfolio of assets to improve returns.
In a 2005 report on America's Best CEOs, Institutional Investor magazine
named him the top CEO in the entertainment industry.
Mr. Parsons, who became Chairman of the Board in May of 2003, has been a
member of the Board since January, 1991. He was named the company's
President in February of 1995.
Before joining Time Warner, Mr. Parsons was Chairman and CEO of Dime
Bancorp, Inc., one of the nation's largest thrift institutions.
Previously, he was the managing partner of the New York law firm Patterson,
Belknap, Webb & Tyler. Earlier, he held various positions in state and
federal government, as counsel for New York Governor Nelson Rockefeller and
as a senior White House aide under President Gerald Ford. He is a graduate
of the University of Hawaii and Union University's Albany Law School.
Other keynote speakers at the 2008 ACG Los Angeles Business Conference will
include sports legend and entrepreneur Earvin "Magic" Johnson; political
strategist and former senior White House advisor Karl Rove; ABC Chief
Washington Correspondent George Stephanopoulos; economist and former
Secretary of Labor Robert Reich; Richard Kovacevich, chairman of Wells
Fargo & Co.; and Joseph J. Plumeri, Chairman and Chief Executive Officer of
the Willis Group, one of the world's leading insurance brokers.
The Conference will also host the nation's premier "Capital Connection,"
featuring more than 170 private equity and hedge funds, venture capital
investors and other financing sources, which cumulatively have billions of
dollars they are eager to invest.
Now in its 11th year, the ACG Los Angeles Business Conference is the
premier West Coast event focusing on corporate finance and M&A activity for
middle-market companies.
In addition to globally renowned speakers on business, technology and
public affairs, the two-day conference features an array of technical
breakout sessions where strategies and issues related to finance and
corporate growth will be explored. More than 1,500 corporate executives and
professionals from across the country and abroad are expected to attend.
Conference registration is $495 for ACG members and $645 for others.
Information and registration is available online at www.ACGLAconference.com
or by phone at 310-426-9710.
The conference is presented by ACG Los Angeles, in association with ACG
Chapters in Orange County, San Diego, San Francisco, the 101 Corridor and
the Silicon Valley, and the Los Angeles Business Journal.
The Association for Corporate Growth (ACG) is the premier association for
and about professionals involved in middle-market corporate growth,
corporate development, and mergers and acquisitions. ACG's more than 11,000
members in 51 chapters are leaders in corporations, private equity,
finance, and professional service firms who are focused on building value
in their organizations.
Press contacts:
Alexander Auerbach
Auerbach & Co. Public Relations
800-871-2583
Email Contact
Or
Scott Regberg
Conference Producer
310-475-5735
Email Contact