Washington Post owner Jeffrey P. Bezos is replacing Publisher Katharine Weymouth with Frederick J. Ryan Jr., a former Reagan administration official who was part of the founding leadership team of Politico, a primarily digital news organization that competes with The Post on political coverage, The Post reported today.

According to the Post piece, “the departure of Weymouth, 48, ends eight decades of Graham family leadership of The Post, which her great-grandfather bought in 1933. Bezos, who acquired The Post for $250 million in a sale announced in August 2013, initially kept the senior leadership team intact. He told Weymouth during a visit to Washington, on Aug. 18, that he had selected a new publisher, according to people familiar with the decision. She will remain on the company payroll as an adviser through the end of the year.”

The Post piece also stated that Ryan, 59, an attorney, “spent years rising in the Reagan administration, eventually becoming a top presidential aide and key leader in the construction of his presidential library and numerous other initiatives after Reagan left office in 1989.”