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Time Warner Chairman Richard Parsons to Speak at ACG Los Angeles Annual Business Conference


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 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.


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