Snyder died Tuesday at his home in Los Angeles, according to his son Matthew Snyder, who said he had been in failing health.
Former Princess Diane von Furstenburg posing with of Simon & Schuster executive Richard Snyder on Feb. 28, 1977 celebrating the publication of her new book on beauty. Snyder, a visionary and imperious executive at Simon & Schuster who presided over the publishers exponential rise over the past half century and helped define an era of growing corporate power, died on Tuesday at his home in Los Angeles at age 90.
President of Simon & Schuster Inc. starting in 1975, and CEO from 1978 to 1994, Snyder built a modern company in ways at times too modern for the world of books. Simon & Schuster's revenues multiplied from around $40 million annually in the 1970s to more than $2 billion by the mid-1990s, making it at the time the country’s largest publisher, a position now held by Penguin Random House.
Those who knew him could not help talking about him. The New Yorker labeled him a “warrior-king,” and former Simon & Schuster editor Robert Gottlieb recalled his “Ahab-like determination to see Simon & Schuster outgrow Random House.” Colleagues who departed the company shared stories about his profane, peak-volume tirades, although Gottlieb would note that “this famously difficult man could command loyalty, respect and even affection.
Released in June 1974, two months before Nixon’s resignation, “All the President’s Men” was a landmark in American publishing, a book-length investigative work on a sitting president and his administration. It spent months on bestseller lists, was adapted into an Oscar-winning movie of the same name and helped launch a wave of timely political releases — including Woodward and Bernstein’s coda on the Nixon years, “Final Days” — that has continued to the present day.
Snyder rose and fell by the hard and random rules of corporate culture. His power grew even as the company changed ownership and organization several times, but soon after Viacom purchased Simon & Schuster in 1994, he was fired for not being a “team player” and his career never recovered. He attempted to revive the children’s imprint Golden Books, for which he worked early in his career, but the business went bankrupt and within a few years was sold.
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