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Kiewit



A history of local ownership

Aug. 24, 1885: Omaha Daily World, published by Gilbert Hitchcock, prints its first issue.

July 15, 1889: Hitchcock buys Omaha Herald. Omaha World-Herald appears for first time.

1902: Hitchcock is elected to first of three terms in U.S. House.

1904: Henry Doorly, who joined the paper as a reporter the year before, marries Margaret Hitchcock, the publisher's daughter.

1910: Hitchcock is elected to the first of two terms in the U.S. Senate. Doorly is named business manager of The World-Herald.

Feb. 3, 1934: Hitchcock dies. Doorly becomes publisher.

1955: Doorly retires, but the family keeps ownership of the paper.

1961: Doorly dies.

Oct. 12, 1962: The Wall Street Journal reports that newspaper magnate Sam Newhouse plans to buy The World-Herald.

Oct. 31, 1962: Omaha construction magnate Peter Kiewit outbids Newhouse and buys The World-Herald for $40.5 million, ensuring continued local ownership. For the first time, The World-Herald is not owned by Hitchcock or his heirs, including Doorly.

1966: Harold W. Andersen is named president and chief executive officer.

1979: Kiewit dies. A year later, The World-Herald begins employee ownership.

Nov. 27, 1989: Andersen retires. John Gottschalk is named chief executive officer and publisher.

1998: The World-Herald launches Omaha.com.

Jan. 1, 2008: Terry Kroeger becomes publisher and CEO.

Nov. 30, 2011: The World-Herald announces the plan to sell the company to Warren Buffett's Omaha-based Berkshire Hathaway.


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