Timothy O’Shaughnessy has been named president and chief executive officer of Graham Holdings Company. He succeeds, Donald E. Graham, who has been chairman and chief executive officer since 1991. Graham, 70, will remain chairman of the board of directors.
O’Shaughnessy, 33, joined Graham Holdings Company in 2014 as president to oversee investments and acquisitions, and to help set a new direction for the company following the sale of The Washington Post. Previously, he served as chief executive officer of LivingSocial.
“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. Our company has been uniquely positioned to focus on the long-term possibilities in business, and this philosophy will continue to serve as a true north. I am honored to work with Don, who will remain an active chairman, to build the next generation of this wonderful company,” said O’Shaughnessy.
O’Shaughnessy graduated from Georgetown University with a Bachelor of Science degree in Business Administration. He began his career at AOL and later ran product development at Revolution Health prior to co-founding LivingSocial.
Graham Holdings Company is a diversified education and media company whose principal operations include educational services; television broadcasting; online, print and local TV news; home health and hospice care; and custom manufacturing.
(Stay current on items of interest to communicators at Capitol Communicator, www.capitolcommunicator.com.)