Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died. He was 76.

In 2001, after AOL used its fortunes as the leading provider of Internet access in the U.S. to buy Time Warner for $106 billion in stock, Parsons became co-chief operating officer with AOL executive Robert Pittman. In that role, he was in charge of the company’s content businesses, including movie studios and recorded music.

Richard D. Parsons, a long-time banking executive who took the helm of Time Warner during a troubled time for the communications company and who helped Citigroup navigate the financial crisis, died on Thursday at age 76.