Finance news. My opinion.

May 17, 2008

Washington Post finance chief to retire

Filed under: money — Tags: , , — Professor @ 2:40 pm

John Morse Jr., The Washington Post Co.’s chief financial officer, will retire at the end of the year.

Morse, 61, has been the Post’s top finance officer since 1989. A successor will be named soon, the company said in a statement.

"Nineteen years is an extraordinary tenure for a CFO, but in Jay’s case I wish it were longer," said Donald Graham, the company’s chief executive officer, in a statement. "I’ve often said that Jay was old-fashioned in his regard for standards before it became fashionable to be so."

During Morse’s tenure at the Post (NYSE: WPO), revenue triple to $4.2 billion in 2007 http://fcrwizard.com.

Before joining the company, Morse was a partner at Price Waterhouse. He is currently on the boards of Host Hotels & Resorts Inc. and the Northern Virginia Technology Council. He is also president of the College Foundation at the University of Virginia.


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