Washington Post Names Jeff D’Onofrio Publisher and CEO
D'Onofrio has served as the acting CEO since February The post Washington Post Names Jeff D’Onofrio Publisher and CEO appeared first on TheWrap .
The Washington Post announced on Wednesday that Jeff D’Onofrio will serve as both Publisher and CEO, a role he has unofficially held since February. Owner Jeff Bezos commended D’Onofrio in a staff memo, praising his leadership and asking for full confidence in his ability to chart the paper's future. D’Onofrio echoed Bezos' sentiments in a follow-up memo, expressing gratitude for the support received.
The Post, celebrating its 150th anniversary next year, aims to position itself for the next 150 years, with D’Onofrio planning to work with staff to build a modern media company with new revenue streams. The publication is on track to break even by the end of 2026, having achieved its best path to profitability in five years according to a spokesperson.
Subscription sales have surpassed 300,000 this year, and programmatic advertising revenue has increased by 53% year-over-year. This marks a significant turnaround following the abrupt resignation of CEO Will Lewis earlier this year, after which the paper underwent layoffs affecting 300 employees.
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