Bloomberg: Richard Parsons, the former board leader of Citigroup and Time Warner, was named chairman of the Rockefeller Foundation, the century-old philanthropy that’s funded Nobel Prize-winning researchers, helped stave off pandemics and assisted communities ravaged by natural disasters. Parsons, 67, who also serves as chairman of the Apollo Theater Foundation, was appointed chairman-elect by the Rockefeller Foundation’s board to succeed David Rockefeller Jr., whose great-grandfather established the institution in 1913.