Richard Parsons, chair of Governor Cuomo’s Common Core Commission, works for a firm that invests in education technology and has contracts with the state, according to the Long Island Business News.

“One of the governor’s chief education advisers is employed by a firm that does millions of dollars of business with the state’s schools, although that has not been disclosed to the public.
“Richard Parsons, the leader of an earlier state education commission that recommended heavy investment in technology and head of a new education task force, works for a company whose principal holdings include an education technology firm that does a substantial business with the state.
“Parsons, the former chairman of Citigroup and CEO and chairman of Time Warner, was recently named the head of Gov. Andrew Cuomo’s task force on the Common Core.
“Since 2009 he has been a senior adviser at Providence Equity Partners – whose principal holdings include numerous education technology firms. The state disclosed his position there, but did not indicate that Providence had any involvement in education technology firms.
“That definitely should have been disclosed,” said one education official who asked not to be identified. “I knew him from Time Warner….

“Providence owns Blackboard, a high-tech education firms whose roots go back to a consulting firm founded in 1997 to work with non-profit IMS Global Learning Consortium and merged with CourseInfo the following year.
“Venture capital firms and venture capital arms of companies such as Pearson, Dell, AOL, The Carlyle Group and Novak Biddle Venture Partners all took stakes in Blackboard, which went public in 2004.
“Investors led by Providence Equity Partners later bought Blackboard for $1.64 billion, taking the firm private. Blackboard remains one of Providence’s key holdings with contracts around the country, including New York State.
“Blackboard in December of 2011 obtained a $6.8 million contract for the State University of New York system, according to state records, in 2012 obtained another $1 million contract and in 2014 obtained a $7.5 million contract.
The company also obtained a $5.9 million contract with the City University of New York in 2012, followed by an additional $1 million contract over the next two years.
“Blackboard has been building its New York business, even as Parsons has risen to a high rank among the state’s education advisers.

“Allison Breidbart White, a critic of the Common Core and of the task force Gov. Andrew Cuomo created, said there is “no doubt, lots of conflict of interest on that panel, not just with Parsons.”
“He also served as the head of the governor’s 2012 committee to reform education that recommended heavily investing in technology.
“The state indicates that the New York Education Reform Commission that Parsons led “played an instrumental role in developing a blueprint to improve the quality of education for all students through its final report in January 2014.”
“The New York Education Reform Commission under Parsons focused heavily on the benefits of and need to spend heavily on rolling out more technology.
Read more: http://libn.com/2015/10/27/gov-chief-ed-advisers-firm-major-supplier-to-state-ed/#ixzz3poDyxYv1