Washington Post 2008 Annual Report Download - page 36

compete with many other advertising vehicles available in their service areas, including the Calvert County Independent
and St. Mary’s Today, weekly paid-circulation community newspapers; along with the County Times, a free weekly; and
The Pennysaver, a shopper.
The Examiner, a free newspaper containing national and international as well as local news, is being published six days
a week in northern Virginia, suburban Maryland and Washington, DC. The Examiner’s home edition is delivered to
targeted ZIP codes on Thursdays and Sundays. A street edition is distributed on Mondays, Tuesdays, Wednesdays and
Fridays within the Washington, DC, metropolitan area. The Examiner competes in varying degrees with The Gazette
Newspapers, Express and The Washington Post.
The advertising periodicals published by Greater Washington Publishing compete with many other forms of advertising
available in their distribution area, as well as with various other free-circulation advertising periodicals.
El Tiempo Latino competes with other Spanish-language advertising media available in the Washington, DC, area,
including several other Spanish-language newspapers.
The Company’s television stations compete for audiences and advertising revenues with television and radio stations,
cable television systems and video services offered by telephone companies serving the same or nearby areas; with direct
broadcast satellite services; and, to a lesser degree, with other media, such as newspapers and magazines. Cable
television systems operate in substantially all of the areas served by the Company’s television stations, where they
compete for television viewers by importing out-of-market television signals; by distributing pay-cable, advertiser-supported
and other programming that is originated for cable systems; and by offering movies and other programming on a pay-per-
view basis. In addition, DBS services provide nationwide distribution of television programming (including pay-per-view
programming and programming packages unique to DBS) using digital transmission technologies. The Company’s
television stations may also become subject to increased competition from low-power television stations, wireless cable
services and satellite master antenna systems (which can carry pay-cable and similar program material). Major TV
networks offer some of their programming on their Internet sites free of charge.
According to figures compiled by Publishers’ Information Bureau, Inc., of the 253 magazines reported on by the Bureau,
Newsweek ranked 11th in total advertising revenues in 2008, when it received approximately 1.5% of all advertising
revenues of the magazines included in the report. The magazine industry is highly competitive, both within itself and with
other advertising media (including Internet-based media) that compete for audience and advertising revenue.
Executive Officers
The executive officers of the Company, each of whom is elected annually by the Board of Directors, are as follows:
Donald E. Graham, age 63, has been Chairman of the Board of the Company since September 1993 and Chief
Executive Officer of the Company since May 1991. Mr. Graham served as President of the Company from May 1991
until September 1993 and prior to that had been a Vice President of the Company for more than five years. Mr. Graham
also served as Publisher of The Washington Post from 1979 until September 2000 and as Chairman from September
2000 to February 2008.
Veronica Dillon, age 59, became Senior Vice President in June 2008 and the Vice President, General Counsel and
Secretary of the Company in January 2007. Ms. Dillon began her career with the Company in February 1991 as
corporate counsel at Kaplan, Inc. She was subsequently named General Counsel at Kaplan in June 1995 and then
served as Kaplan’s Chief Administrative Officer beginning in December 2003.
Boisfeuillet Jones, Jr., age 62, became Vice Chairman of the Company and Chairman of The Washington Post in
February 2008. Mr. Jones joined The Washington Post in 1980 as Vice President and counsel. In 1995, he became
President and General Manager and was named Associate Publisher in January 2000. In September 2000, he
succeeded Donald Graham as Publisher and Chief Executive Officer of The Washington Post.
Hal S. Jones, age 56, became Senior Vice President–Finance of the Company in November 2008, and Chief Financial
Officer in January 2009. He had most recently been chief executive officer of Kaplan Professional, responsible for
Kaplan’s professional businesses in financial services, real estate, technology and engineering in the United States and
the United Kingdom. Mr. Jones has spent 19 years at The Washington Post Company and Kaplan, serving in a variety of
senior management positions with a focus on finance, auditing and accounting.
Ann L. McDaniel, age 53, became Senior Vice President–Human Resources of the Company in June 2008, and was
formerly Vice President–Human Resources since September 2001. She also serves as Managing Director of Newsweek,
a position she assumed in January 2008. Ms. McDaniel had previously served as Senior Director of Human Resources of
the Company since January 2001 and before that held various editorial positions at Newsweek.
24 THE WASHINGTON POST COMPANY