Steve Gibson, CPA

Chief Financial Officer at The Washington Post

Professional Overview

Steve Gibson is an accomplished finance executive with over 25 years of experience overseeing financial operations for major media and communications organizations. As the Chief Financial Officer of The Washington Post, he is responsible for directing all aspects of the company's financial strategy, reporting, and risk management functions. Steve is known for his strategic vision, data-driven decision making, and ability to drive operational efficiency and profitability.

Experience Summary

Current Role

Steve has served as the Chief Financial Officer of The Washington Post since 2014. In this role, he oversees a team of 45 finance professionals and is responsible for the company's $750 million annual budget. He has played a pivotal part in guiding the organization through a period of significant digital transformation, helping to diversify revenue streams and improve financial reporting capabilities. Under his leadership, The Washington Post has achieved consistent year-over-year growth in profitability.

Career Progression

Prior to joining The Washington Post, Steve spent 16 years with Allbritton Communications Company, where he held roles of increasing seniority, including Chief Financial Officer and Controller. In these positions, he was instrumental in optimizing the company's financial systems, improving cash flow management, and supporting strategic acquisitions. Earlier in his career, Steve worked as an Audit Manager at Price Waterhouse and Controller at Plexsys International Corp.

Academic Background

Steve holds a Bachelor of Science in Commerce, with a distinction in Accounting, from the University of Virginia. He is a Certified Public Accountant (CPA) and maintains memberships with the American Institute of CPAs and the Virginia Society of CPAs.

Areas of Expertise

Financial strategy and planning

Mergers, acquisitions, and integration

Cash flow and working capital management

Financial reporting and risk management

Process improvement and operational efficiency

Media and communications industry expertise

Professional Impact

Under Steve's financial leadership, The Washington Post has achieved significant milestones, including:

Increased profitability by 18% over the past 3 years

Diversified revenue streams, with digital subscriptions now accounting for 40% of total revenue

Implemented a new enterprise resource planning (ERP) system, streamlining financial reporting and operations

Spearheaded the successful integration of several acquired digital media properties, realizing synergies and cost savings

Conclusion

With his extensive background in financial management and deep understanding of the media industry, Steve Gibson is a seasoned executive who has consistently delivered results for the organizations he has served. As the Chief Financial Officer of The Washington Post, he continues to play a pivotal role in driving the company's financial success and strategic growth.