Bezos said Katharine Weymouth, CEO and publisher of the Post; Stephen P. Hills, president and general manager; Martin Baron, executive editor; and Fred Hiatt, editor of the editorial page would continue in their current roles.



"With Mr. Bezos as our owner, this is the beginning of an exciting new era," Weymouth said. "I am honored to continue as CEO and publisher. I have asked the entire senior management team at all of the businesses being sold to continue in their roles as well."



The transaction covers the Washington Post and other publishing businesses, including the Express newspaper, the Gazette Newspapers, Southern Maryland Newspapers, Fairfax County Times, El Tiempo Latino and Greater Washington Publishing.



Slate magazine, TheRoot.com and Foreign Policy are not part of the transaction and will remain with Washington Post Co., as will the WaPo Labs and SocialCode businesses, the company's interest in Classified Ventures and certain real estate assets, including the headquarters building in downtown Washington.