Company History

History

2014
On June 30, Berkshire Hathaway acquired WPLG-TV from Graham Holdings.

On May 30, Graham Holdings acquired Joyce/Dayton Corp., a Dayton, OH-based manufacturer of screw jacks and other linear motion equipment.

On April 11, Graham Holdings and Berkshire Hathaway signed an agreement for Berkshire to acquire WPLG-TV, GHC's NBC affiliate in Miami.

On April 1, Andrew S. Rosen became chairman and Thomas C. Leppert became chief executive officer of Kaplan, Inc. Rosen also was named a senior vice president of Graham Holdings.

2013
On November 18, the Company was renamed Graham Holdings Company, effective on November 29.

On October 1, the Company completed the sale of The Washington Post and other newspaper division assets.

On August 5, the Company announced an agreement to sell The Washington Post newspaper and other newspaper division assets to Jeffrey P. Bezos.

In August, the Company purchased Forney Corporation, a global supplier of products and systems that control and monitor combustion processes in electric utility and industrial applications.

In March, the Company completed the sale of The Everett Herald to Sound Publishing.

In January, Martin Baron was named executive editor of The Washington Post.

2012
In November, the Company acquired a majority interest in Celtic Healthcare, a provider of home healthcare and hospice services.

In September, Dave Goldberg, CEO of SurveyMonkey, was elected a director of The Washington Post Company.

In May, Emily Barr was named to succeed Alan Frank, president and CEO of Post-Newsweek Stations, at year-end.

2011
In May, Warren Buffett retired from the Company's Board of Directors after serving for 37 years. This was the last outside board of directors from which Buffett retired.

In January, The Washington Post Company launched SocialCode, which unlocks the power of social media and helps brands gather, engage, incentivize and understand users. SocialCode's data-driven approach offers the most advanced advertising and analytics on Facebook®.

2010
On September 30, Harman Newsweek LLC purchased Newsweek magazine from The Washington Post Company.

In September, Katharine Weymouth, CEO of Washington Post Media and publisher of The Washington Post, was elected a director of The Washington Post Company.

In August, The Washington Post Company announced the sale of Newsweek to Dr. Sidney Harman.

2009
In June, Kaplan restructured its businesses into four units to drive greater collaboration and better leverage its content and technology. The company’s business units now include Kaplan Higher Education (U.S.), Kaplan Test Prep, Kaplan International and Kaplan Ventures.

Throughout the year, the print and online operations of The Washington Post were integrated.

In January, Liz Spayd and Raju Narisetti were named managing editors of The Washington Post.

2008
Andrew Rosen was named chairman and chief executive officer of Kaplan in November.

The Washington Post Company acquired Foreign Policy magazine in September.

In September, Marcus Brauchli was named executive editor of The Washington Post, succeeding Leonard Downie, Jr.

In June, Hal S. Jones succeeded John B. Morse, Jr. as senior vice president–finance and chief financial officer of The Washington Post Company.

In February, Katharine Weymouth was named chief executive officer of Washington Post Media (The Washington Post, Express and El Tiempo Latino) and publisher of The Washington Post.

2007
At the end of 2007, The Washington Post Company began describing itself as an education and media company to reflect that Kaplan’s revenue is now almost half of the company’s total revenue.

In November, Kaplan also became a majority stakeholder in ACE Education, offering foundation-year and degree-granting programs in China for students seeking entry to U.K. universities.

In April, Kaplan expanded its presence in the Asia Pacific region with the acquisition of Finsia Education, the education and training arm of the Financial Services Institute of Australasia.

2006
In May, Kaplan acquired Tribeca Learning, a leading provider of education to the Australian financial services sector. In October, Kaplan acquired Aspect Education, one of the largest providers of English language instruction in the world, with schools in the U.K., Ireland, Australia, New Zealand, Canada, and the U.S.

2005
In May, Kaplan acquired Asia Pacific Management Institute (now APMI Kaplan), one of the largest private education providers for undergraduate and postgraduate students, executives and managers in Asia. In August, Kaplan acquired Kidum, the leading provider of test prep in Israel.

In January, the company bought Slate, the online magazine, from Microsoft Corp.

2004
In May, the company bought El Tiempo Latino, a Spanish-language newspaper serving the Washington metropolitan area.

2003
Kaplan expanded its presence in the U.K. and Asia with the acquisition of London-based Financial Training Company (now Kaplan Financial), a leading provider of accountancy and financial services. Kaplan also acquired Dublin Business School in Ireland.

In August, the company launched EXPRESS, a free commuter newspaper, in the Washington, DC market.

2001
Katharine Graham died on July 17 at the age of 84.

In March, Alan Frank became president and chief executive officer of Post–Newsweek Stations.

2000
In September, Boisfeuillet Jones, Jr. was named publisher and chief executive officer of The Washington Post. Donald Graham became chairman of the newspaper.

In June, Kaplan entered the postsecondary education industry by acquiring Quest Education Corporation, a network of 30 career colleges. Today, higher education is Kaplan’s largest business.