According to today’s late announcement, the Time Warner board finally added chairman to Jeff Bewkes’ CEO title. Well, it’s only up from here. As for Dick Parsons, the only Time Warner exec left who was responsible for the disastrous merger with AOL, well, don’t let the door hit you in the ass on your way out. Thanks to “Teflon Dick”, a lot of shareholders are cursing TW every time they look at their drowning portfolios. Now let’s see if Bewkes can provide the lifeboats.