American Achievement Adds Steven Parr as CEO

American Achievement Corp., which is backed by private equity firm Fenway Partners, has named Steven Parr president and chief executive officer. Parr was most recently president and chief executive of publisher Hachette Filipacchi Media, which owns magazines including Elle, Elle Décor, Woman’s Day, Car and Driver, Road & Track and Cycle World. In his new role, he replaces Alyce Alston. Fenway Partners is a middle market private equity firm based in New York. Based in Austin, Texas, AAC sells class rings, yearbooks, graduation products, varsity letter jackets, athletic championship rings and other school spirit and recognition products.

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