Richard Johnson is stepping down from his position as Bonnier Publishing group CEO, effective immediately, after nine years in the role, the Bookseller reported. He is being replaced by Jim Zetterlund, current COO and CFO of Bonnier Books in Sweden. Zetterlund will be working in the U.K. on a daily basis, but still be based in Sweden.
"The company has reached a pivotal point in its history," Zetterlund said. "It has secured a strong foothold in the market and now it's time to increase our focus on fiction and narrative nonfiction and we will establish Bonnier Publishing as a fully-fledged publisher. Commercial nonfiction and mass-market publishing will continue to be an important part of our portfolio."