Corporate Overview

Graham Holdings Company (NYSE:GHC) is a diversified holding company whose operations include: educational services, home health and hospice care, television broadcasting; online, print and local TV news, automotive dealerships, manufacturing, hospitality and consumer internet companies. 

The Company has two classes of common stock. The Class B Common Stock is listed on the New York Stock Exchange (the “NYSE”), and its holders have the right to elect 30% of the Board of Directors. The Class A Common Stock is not listed on any exchange. The descendants of Katharine Graham and trusts for the benefit of those descendants own a majority of the shares of Class A Common Stock, which has the right to elect 70% of the Board. As a result, the Company is a “controlled company” within the meaning of the NYSE listing standards.