Terry Snow, CEO of Bonnier Corporation since 2007, is retiring effective January 14. He will continue at Bonnier as a member of the board. Snow became CEO of Bonnier shortly after it partnered with World Publications, a company Snow founded and had worked at for 28 years.
Dave Freygang, who most recently served as executive vice president for Bonnier’s Active Interest Division, is succeeding Snow. Freygang also worked at World Publications as CFO, and he expanded his role when it joined forces with Bonnier.
“Terry has been a great partner for us, his entrepreneurial vision and hard work helped launch Bonnier Corp. in the U.S.,” said Jonas Bonnier, CEO for Bonnier AB, parent company of Bonnier Corp., in a statement. “He will continue to be an asset to the development of the company as a member of the Board. I am also very pleased to have Dave Freygang take over as CEO. He is an excellent choice to lead Bonnier Corp. with his many years of experience and deep understanding of special interest brands and their evolving nature.”