Shareholders Day
November 15, 2002
Following are transcripts of the presentations made at The Washington Post
Company's Shareholders Day on November 15, 2002. The transcripts have been
edited and contain clarifications.
The presentations at this Shareholders Day meeting contain
certain forward-looking statements that are based largely on the Company's
current expectations. Forward-looking statements are subject to certain
risks and uncertainties that could cause actual results and achievements
to differ materially from those expressed in the forward-looking statements.
For more information about these forward-looking statements and related
risks, please link to Risk Factors under Shareholder Information on this
website and refer to the section titled "Forward-looking Statements"
in Part I of the Company's Annual Report on Form 10-K.
INTRODUCTION OF THOMAS O. MIGHT
President and Chief Executive Officer
Cable ONE
MR. GRAHAM: Tom Might, fresh out of business school, came to work at The
Post Company in 1978 as assistant to the general manager, me! Only a few
months later, you might say in utter desperation, Don Rice, our VP-operations,
made Tom manager of the largest capital project in the history of The
Post, our $66 million new plant in Virginia. Tom brought the project off
so well he became manager of the plant, then vice president-production,
in which role he became the top production executive in the newspaper
industry.
Tom later ran The Post's marketing department and then the advertising
department before moving to Cable ONE in 1993 to understudy Howard Wall
and then to take over as CEO in 1994.
Tom is responsible for the entire shape of Cable ONE today: the systems
we own, the new product strategies we've rolled out, and the economic
results which, despite our many challenges, we feel are among the very
best in the cable industry.
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