Fredrik Linton will join Bonnier AB’s executive management team as head of Corporate Development and M&A as of Dec. 1. Most recently, he has been at Swedish investment bank Carnegie, and previously worked as head of strategy and M&A for Swedish telecom firm Tele2, where he was also part of senior management.
To strengthen cooperation among Bonnier’s business areas as well as to clarify and enhance executive leadership, Bonnier AB has recruited three new key people to senior management. Jan Lund will serve as new Director of Business Development and Strategy, and Niklas Hydén has been appointed Chief Procurement Officer and Program Management Officer. As announced earlier this month, Anki Ahrnell will be the new Chief Digital Officer.
Bonnier News is establishing a common business area executive team for its papers Dagens industri, Dagens Nyheter and Expressen. In conjunction with the change, Gunilla Herlitz, head of the Bonnier News business area, will take over as CEO for Dagens industri. The changes are effective October 1.
Bonnier and Telenor have entered into an agreement under which Bonnier will acquire the 35 percent of C More that is owned by Telenor. The change in ownership takes place today, June 27.
Following weeks of jury deliberation and a series of interviews, the entrepreneurs who will take part in Bonnier Accelerator 2014 have been announced.
Bonnier’s operating profit improved in 2013 compared with 2012 and EBITA was SEK 1,004 million (854). Net sales for 2013 amounted to SEK 26,688 million, a decline of 8.5 percent mainly attributable to divestments and structural changes. Bonnier’s earnings before tax increased to SEK 1,730 million (-217) mainly due to the merger between SF Bio and Finnkino.
The Board of Directors for Bonnier AB will decide at an upcoming meeting on the approval of Tomas Franzén as new CEO of Bonnier AB. Tomas Franzén is currently CEO of Com Hem.
Today, Bonnier released the names of the four participants chosen to take part in the inaugural Bonnier Accelerator program.
Jonas Bonnier will leave his post as CEO of Bonnier AB at the end of 2013 after six years in the position. The process of finding a successor will begin immediately.
Bonnier is looking to partner up with the digital stars of tomorrow with Bonnier Accelerator, a new program for entrepreneurs interested in working with a global media leader.