Washington Post 2015 Annual Report Download - page 35

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Group Dekko
Group Dekko Inc. (Group Dekko) is an electrical solutions company that focuses on innovative power charging
and data systems, industrial and commercial indoor lighting solutions and the manufacture of electrical
components and assemblies for medical equipment, transportation, industrial and appliance products. Group
Dekko, founded in 1952, is headquartered in Garrett, IN, and operates seven facilities in three states and Mexico.
The Company acquired Group Dekko in November 2015.
CyberVista
The Company launched CyberVista LLC in 2015. CyberVista develops cybersecurity training and workforce
development education programs.
COMPETITION
Kaplan’s businesses operate in fragmented and competitive markets. KHE competes with both facilities-based
and other distance-learning providers of similar educational services, including not-for-profit colleges and
universities and for-profit businesses. PACE competes in each of its professional lines with other companies that
provide preparation for exams required for professional licenses, certifications and designations. KTP competes
with a variety of regional and national test preparation businesses, with individual tutors and with in-school
preparation for standardized tests. Overseas, each of Kaplan’s businesses competes with other for-profit
companies and, in certain instances, with government-supported schools and institutions that provide similar
training and educational programs. Students choose among providers based on program offerings, convenience,
quality of instruction, reputation, placement rates, student services and cost.
GMG competes for audiences and advertising revenues with television and radio stations, cable systems and
video services offered by telephone companies serving the same or nearby areas; with DBS services; and, to a
lesser degree, with other media, such as newspapers and magazines. Cable 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. In addition, movies and television programming are available free of charge on the websites of
the major TV networks, as well as on the advertising-supported website Hulu.
The home health and hospice industries are extremely competitive and fragmented, consisting of both for-profit
and non-profit companies. Celtic and Residential compete primarily with privately owned and hospital-operated
home health and hospice service providers.
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 70, has been Chairman of the Board of the Company since September 1993 and served as
Chief Executive Officer of the Company from May 1991 until November 2015. 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 (the Post) from
1979 until September 2000 and as Chairman of the Post from September 2000 to February 2008.
2015 FORM 10-K 20