Time Warner Inc. (TWX) announced that it has elected Jeffrey Bewkes as Chairman of the Board, effective January 1, 2009, succeeding Richard Parsons who has decided to step down as Chairman on December 31.
Bewkes served as Time Warner's President and CEO. He became CEO in January of 2008 and was elected to the company's Board of Directors in 2007. Prior to being named CEO, Mr. Bewkes served as Time Warner's President and COO from 2006 to 2007 and as chairman of the company's Entertainment and Networks Group from 2002 through 2005.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.