Washington Post 2008 Annual Report Download - page 37

John B. Morse, Jr., age 62, became Senior Vice President–Finance in June 2008, and was Chief Financial Officer and
formerly Vice President–Finance from November 1989 until his retirement at the end of 2008. He joined the Company
as Vice President and Controller in July 1989 and prior to that had been a partner of Price Waterhouse.
Gerald M. Rosberg, age 62, became Senior Vice President–Planning and Development of the Company in June 2008,
and was formerly Vice President–Planning and Development since February 1999. He had previously served as Vice
President–Affiliates at The Washington Post, a position he assumed in November 1997. Mr. Rosberg joined the
Company in January 1996 as The Post’s Director of Affiliate Relations.
Wallace R. Cooney, age 46, became Vice President–Finance and Chief Accounting Officer of the Company in June
2008. Mr. Cooney joined the Company in 2001 as Controller, and prior to that had been with Gannett Co., Inc. and
Price Waterhouse LLP.
Employees
The Company and its subsidiaries employ approximately 20,000 persons on a full-time basis.
Worldwide, Kaplan employs approximately 13,200 persons on a full-time basis. Kaplan also employs substantial
numbers of part-time employees who serve in instructional and administrative capacities. During peak seasonal periods,
Kaplan’s part-time workforce exceeds 18,500 employees.
Cable ONE has approximately 2,372 full-time employees, none of whom is represented by a union.
WP Company has approximately 2,121 full-time employees. About 1,209 of that unit’s full-time employees and about
378 part-time employees are represented by one or another of five unions. Collective bargaining agreements are
currently in effect with locals of the following unions covering the full-time and part-time employees and expiring on the
dates indicated: 982 editorial, newsroom and commercial department employees represented by the Communications
Workers of America (May 7, 2009); 37 machinists represented by the International Association of Machinists
(January 10, 2011); 23 photoengravers-platemakers represented by the Graphic Communications Conference of the
International Brotherhood of Teamsters (February 7, 2010); 57 paper handlers and general workers represented by the
Graphic Communications Conference of the International Brotherhood of Teamsters (November 16, 2011). The
agreement covering 435 mailroom workers represented by the Communications Workers of America expired on
May 18, 2003; efforts to negotiate a new agreement were unsuccessful, and in early 2006, WP Company declared an
impasse and implemented parts of its last contract offer for employees in a particular job category. The agreement
covering 25 electricians represented by the International Brotherhood of Electrical Workers expired on December 13,
2007; negotiations have yet to produce a successor agreement. Also, the agreement covering 28 engineers, carpenters
and painters represented by the International Union of Operating Engineers expired on April 12, 2008; negotiations
have yet to produce a successor agreement. On February 7, 2008, WP Company announced that a Voluntary
Retirement Incentive Program would be offered to some employees of The Washington Post newspaper. The program was
accepted by 231 employees across the newspaper.
Washingtonpost.Newsweek Interactive has approximately 368 full-time and 17 part-time employees, none of whom is
represented by a union.
Of the approximately 257 full-time and 76 part-time employees at The Daily Herald Company, about 60 full-time and
3 part-time employees are represented by one or another of three unions. The newspaper’s collective bargaining
agreement with the Graphic Communications Conference of the International Brotherhood of Teamsters, which represents
press operators, expires on March 15, 2011; its agreement with the Communications Workers of America, which
represents printers and mailers, expires on October 31, 2009; and its agreement with the International Brotherhood of
Teamsters, which represents bundle haulers, expires on September 22, 2010.
The Company’s broadcasting operations have approximately 950 full-time employees, of whom about 190 are union-
represented. Of the eight collective bargaining agreements covering union-represented employees, four have expired and
are being renegotiated. One collective bargaining agreement will expire in 2009.
Newsweek has approximately 504 full-time employees as of December 31, 2008 (including about 100 editorial
employees represented by the Communications Workers of America under a collective bargaining agreement that
expired on January 1, 2009 and is currently being renegotiated). On February 6, 2008, Newsweek offered a Voluntary
Retirement Incentive Program that will be funded primarily through the Company’s pension plans. Approximately
152 employees were eligible to take this early retirement and 117 accepted the program. On December 11, 2008,
Newsweek offered an additional 83 employees the right to participate in the Voluntary Retirement Incentive Program and
43 accepted. A somewhat reduced workforce will result from the program.
2008 FORM 10-K 25