Will Dick Parsons Exit Time Warner?

After a bruising week at Time Warner comes a Times of london report that Dick Parsons may be exiting in days. Silicon Alley Insider wonders if Pali Capital analyst Richard Greenfield is the man responsible. Timesoflondon via Portfolio:

”Mr Parsons’ contract formally expires in May 2008 and it is not clear if that will be honoured precisely. He may also continue as chairman for a short period after that while Bewkes beds in. Mr Parsons himself started as just chief executive until the enforced departure of former AOL boss Steve Case in 2003.

”The handover is widely expected to be followed by a review of strategy — because Mr Bewkes is widely felt to be less wedded to Time Warner’s existing corporate structure, which makes it the largest traditional, content-producing media group in the world.”

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