168th Commencement: Watch Live
Richard Parsons '71, former chairman for Citigroup, was selected by Governor Andrew Cuomo '82 to lead the Education Reform Commission for New York state. The 20-member panel will evaluate ways to improve student performance and implement an action plan.
Prior to becoming Citigroup chairman, Parsons served as president, CEO and chairman of Time Warner. He also has worked on President Barack Obama's economic advisory team, and he previously served as co-chair for President George W. Bush's commission on Social Security.
In the fall, Albany Law School honored Parsons '71 with the 2011 Trustees Gold Medal, the highest accolade awarded by the school in recognition of exemplary support and dedication to the advancement of the school. The award was presented to Parsons as part of Albany Law's Alumni Reunion Weekend 2011.
Since graduating as valedictorian, Parsons has stayed connected to the law school, including visiting the campus to speak to students, attending alumni gatherings and contributing generously to student scholarships and other law school initiatives. Last year, Parsons presented Stephen Younger '82 with an Albany Law School Distinguished Alumni Award at an event in New York City.