The Washington Post Co. / WPO
The Post's Mitsubishi color presses at the plant in Springfield, Va. (Photo: Mark Finkenstaedt / The Washington Post)
About The Washington Post Co.
1150 15th St. NW, Washington, D.C. 20071
www.washpostco.com
| 202-334-6000
| Founded: 1877
Industry: Media | Category: Top 100 Companies
In 2006, Kaplan and washingtonpost.com continued strong revenue growth, 19 percent and 28 percent, respectively, while revenue at the newspaper division was flat. The television stations benefited from political advertising, with a revenue gain of 9 percent, while revenue rose 11 percent at Cable One.
The company made a significant business move last year — selling its technology magazines, saying their business-to-business model no longer fit the company's goals — and made a number of editorial and staffing decisions.
As the flagship Post newspaper continued to lose circulation, with daily and Sunday circulation each down about 3 percent for the year, the company offered early retirement packages to older employees, the second such offer in three years. In 2006, more than 170 newsroom and business staff members took the buyouts.
The Post won four Pulitzer prizes in 2006.
Meanwhile, The Post Co. said it would print and sell Washington advertising for the Onion, a satirical newspaper, and it took part in a Google experiment in which the search engine acted as a broker for newspaper advertising sales.
Chairman and CEO: Donald E. Graham
Chairman and CEO: Donald E. Graham
2007 Financial Data
Total employees: 17,100 | Local employees: 3,838Company Leadership
| Diana M. Daniels | VP |
| John B. Morse Jr. | VP and CFO |
| Gerald M. Rosberg | VP |
| Ann L. McDaniel | VP |
| Donald E. Graham | Chairman and CEO |
Source: S&P's Capital IQ
|
John B. Morse Jr. VP and CFO |
$1,366,421 Salary: $550,000 |
|
Gerald M. Rosberg VP |
$906,071 Salary: $380,000 |
|
Ann L. McDaniel VP |
$852,358 Salary: $360,000 |
|
Donald E. Graham CEO |
$811,316 Salary: $400,000 |
|
Diana M. Daniels VP |
$796,870 Salary: $345,000 |
Did You Know
The Washington Post Co.'s flagship property is The Washington Post newspaper, but its most lucrative unit is Kaplan, which provides test-preparation courses and other educational services. The company also owns Cable One, a cable firm mainly in the South and Midwest; six television stations; Newsweek magazine; Washington Post-Newsweek Interactive, the home of washingtonpost.com; and several smaller newspapers, including Express, El Tiempo Latino and the suburban Gazette weeklies.
