Donald Graham is stepping down as CEO of Graham Holdings, which owns several TV stations, Kaplan, Slate and Foreign Policy. He’ll remain chairman of the company’s board.
Succeeding Graham is current Graham Holdings president Timothy O’Shaughnessy (he’s also Graham’s son-in-law). O’Shaughnessy will retain his title of president. He previously served as CEO of LivingSocial.
In a statement, Graham said O’Shaughnessy “will be an outstanding CEO.”