We’d say it was the end of an era with Donald Graham announcing he is stepping down as CEO of Graham Holdings Company, but the bigger end of an era came when Graham sold The Washington Post, then held by the Graham family for eight decades, to Amazon founder Jeff Bezos in 2013.
Graham had been CEO of the organization that owned the Post, The Washington Post Company, since 1991, after taking over for his mother, Katharine Graham, the woman who brought the Post to national prominence. He continued as CEO of Graham Holdings, which is what the company renamed itself as after the Post’s sale.
Graham’s son-in-law, Timothy O’Shaughnessy, currently president of the company, takes over as CEO while retaining his title as president. Graham will remain chairman. Graham Holdings, which owns Kaplan, also include some media properties in its stable, including Slate and Foreign Policy magazine, and a number of local television stations.