Former Time Warner chief named interim CEO of Los Angeles Clippers

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By Steve Gorman LOS ANGELES (Reuters) - The National Basketball Association on Friday installed former Time Warner CEO and chairman Richard Parsons as interim chief executive of the Los Angeles Clippers while preparing for an unprecedented bid to force out the team's owner, Donald Sterling. Parsons was named chief executive officer three days after Sterling's longtime top lieutenant, Andy Roeser, was placed on indefinite leave as team president, and more than a week after the NBA banned Sterling over racist comments that sparked outrage from players, fans and commercial sponsors. Sterling, 80, who has owned the Clippers for 33 years, now faces an attempt by the league to force a sale of his franchise in a scandal that has unfolded during the team's best season on record. An NBA committee of 10 fellow owners or their representatives initiated the process of terminating Sterling's ownership by voting unanimously last week to move ahead \"as expeditiously as possible.\" Parsons, 66, a senior consultant at the investment firm Providence Equity Partners and a one-time member of President Barack Obama's economic advisory team, is one of a relatively few African-Americans to have headed major U.S. corporations.

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