Hal S. Jones, Chief Financial Officer of Graham Holdings Company, to Retire; Wallace R. Cooney Named to Succeed Jones

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Timothy O’Shaughnessy, president and chief executive officer of Graham Holdings, said: “For the past 28 years, Hal has served in a variety of senior management positions at Corporate and at Kaplan. He began his career with Price Waterhouse (now PricewaterhouseCoopers) in 1985, serving three years in The Hague, The Netherlands, from 1991 to 1994 and as a senior manager from 1994 to 1997. “Wally is a key member of the senior management team with a great deal of institutional knowledge having been involved in every major transaction since joining the Company. Prior to joining The Washington Post Company, Jones, a certified public accountant, spent 12 years at Price Waterhouse (now PricewaterhouseCoopers) in assurance services. The Company also owns SocialCode, a leading social marketing solutions company; Celtic Healthcare and Residential Healthcare Group, home health and hospice providers; Group Dekko, a manufacturer of electrical solutions for workspace power solutions, architectural lighting, electrical components and assemblies; Joyce/Dayton Corp., a manufacturer of screw jacks, linear actuators and lifting systems; and Forney Corporation, a manufacturer of burners, igniters, dampers and controls for combustion processes in electric utility and industrial applications.

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