Richard D. Parsons, whose humane approach to business made him a serial troubleshooter at distressed companies such as Time Warner, CBS and Citigroup and a sought-after adviser at the highest echelons of American industry, died on Thursday at his Manhattan home. He was 76.
The cause was cancer, said Ronald S. Lauder, a member of the Estée Lauder board and one of Mr. Parsons’s oldest friends.
