New York, N.Y. — Todd DeBoer has been promoted to Bonnier Corp.’s Chief Financial Officer, CEO Dave Freygang announced today. This position is effective immediately. DeBoer succeeds Nancy Coalter, who retired at the end of last year.
DeBoer had been the Controller at Bonnier Corp. since 2009. In addition to managing the accounting department, he provided acquisition due diligence and business planning analytics to executive management. While in this position he improved departmental efficiency and created a comprehensive accounting policy and procedures for the company.
“Todd has shown solid financial acumen and management skills in his position as Controller,” Freygang said. “I am looking forward to working even more closely with him in his new role as CFO.”
In addition, Romelie Encarnacion has been promoted to Controller. She will report to DeBoer. Encarnacion has been with Bonnier accounting for the last seven years, most recently as Assistant Controller. As Controller she will oversee the payroll department, financial reporting and coordination with the external auditors.
DeBoer came to Bonnier from Thompson Publishing Group, where he served as Controller starting in 2000. At Thompson, DeBoer managed the accounting department of the international business-to-business subscription publisher. DeBoer joined Thompson in 1994 as a financial analyst before rising to senior accounting manager and Controller.
DeBoer graduated from the University of South Florida and lives in Winter Park, Fla.
About Bonnier Corporation
Bonnier Corp. is one of the largest special-interest publishing groups in America, with more than 30 multichannel brands extending into all platforms including magazines, digital media, books, events and product licensing. Bonnier Corp.’s brands include Popular Science, Saveur, Field & Stream, American Photo, Destination Weddings & Honeymoons, Cycle World, Working Mother and Outdoor Life. Bonnier Corp. is owned by Swedish-based Bonnier AB, a multichannel media conglomerate operating in 15 countries.