Donald E. Graham is retiring as CEO of Graham Holdings.
Graham oversaw the sale of The Washington Post to Amazon’s Jeff Bezos and formed the holding company that includes the local TV stations once under the Post-Newsweek brand.
“I have worked at the Company since 1971, and I feel very lucky and grateful to every co-worker at every one of our businesses since then,” Graham said in a statement.
He will be succeeded by his son-in-law Tim O’Shaughnessy, who is president of the company. Graham will stay on as chairman of Graham Holdings’ board of directors.
“Don and his mother, Katharine Graham, have taken a newspaper business and turned it into a diverse set of successful businesses that share a commitment to high standards for our customers, employees, and shareholders,” said O’Shaughnessy.
Graham Holdings owns five local stations: WJXT in Jacksonville, Fla., WDIV in Detroit, KPRC in Houston, KSAT in San Antonio, Texas, and WKMG in Orlando, Fla.