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Tue, May 14, 2002 - Page 21 News List

AOL's Parsons expects no honeymoon

CHANGING OF THE GUARD Richard Parsons will succeed Gerald Levin, who is retiring 14 months after the company was created in the biggest corporate acquisition ever

BLOOMBERG , NEW YORK

Parsons needs to manage investor expectations better than his predecessor. AOL Time Warner has cut its financial forecasts at least three times since the company was formed in January 2001.

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