Dave Goldberg, the chief executive officer of SurveyMonkey.com LLC and husband of Facebook Inc. executive Sheryl Sandberg, will join Washington Post Co.’s board, giving the company more Silicon Valley experience.
Goldberg’s election brings the board to 11 members, the Washington-based company said today in a statement. Goldberg founded online music site Launch Media in 1994 and sold it to Yahoo Inc. in 2001. He joined SurveyMonkey in 2009. A graduate of Harvard University, Goldberg has served as an entrepreneur-in-residence at venture firm Benchmark Capital and is also a director at Ancestry.com Inc. and Dashbox Inc.
“Dave Goldberg is one of the wisest advisers and business people in Silicon Valley,” Washington Post Co. Chairman and CEO Donald E. Graham said in the statement. “We’re lucky to have him join the board.”
The publisher of the Washington Post newspaper, which also owns television stations, gets most of its revenue from the Kaplan education business. Washington Post Co. has struggled with both declining print advertising and renewed government scrutiny of for-profit education businesses. The company’s profit fell 29 percent last quarter as revenue from its education business shrank.
Goldberg met Graham through his wife Sandberg when she worked at Google Inc. Graham also serves on Facebook’s board with Sandberg, who is now chief operating officer of the social-networking company.
“Don is really one of the most forward-thinking people in the media business,” Goldberg said in an interview.
Washington Post Co. rose 1 percent to $354.10 at the close in New York. The shares have declined 6 percent this year.