The NBA named Dick Parsons, the former Time Warner CEO and Citigroup Chairman, as the interim CEO of the Clippers on Friday.
NBA Commissioner Adam Silver banned owner Donald Sterling for life after an audio recording surfaced in which Sterling said he did not want V. Stiviano to bring “black people” to his game, and he is trying to get 3/4 of the league’s owners to force Sterling to sell his team. Current Clippers CEO Andy Roesser was put on leave on Tuesday.
“I believe the hiring of Dick Parsons will bring extraordinary leadership and immediate stability to the Clippers organization,” Silver said in a statement. “Dick’s credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility.”
Parsons said that, “like most Americans, I have been deeply troubled by the pain the Clippers’ team, fans and partners have endured.”
“A lifelong fan of the NBA, I am firmly committed to the values and principles it is defending, and I completely support Adam’s leadership in navigating the challenges facing the team and the league,” Parsons said.