July 24, 2016 1:07 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of American Achievement Corporation

Company Overview

American Achievement Corporation, through its subsidiaries, manufactures, distributes, and sells commemorative jewelry and recognition products. It offers class rings, yearbooks and other fine books, graduation products, achievement publications, recognition publications, personalized affinity jewelry, military rings, bridal jewelry, and rings for accomplishments in the sport of bowling. American Achievement Corporation sells its products directly to students in high schools and college bookstores, national jewelry retailers, independent jewelry stores, and mass merchandisers. The company was formerly known as Commemorative Brands Holding Corp. and changed its name to American Achievement Co...

7211 Circle South Road

Austin, TX 78745

United States

Founded in 1996

1,507 Employees





Key Executives for American Achievement Corporation

Chief Executive Officer and President
Age: 51
Executive Chairman
Age: 57
Executive Vice President and Secretary
Age: 56
Compensation as of Fiscal Year 2016.

American Achievement Corporation Key Developments

American Achievement Corporation Announces Executive Changes

American Achievement Corporation announced it has named Robert "Bob" Myers as President and Chief Executive Officer, effective March 14, 2016. Current President and Chief Executive Officer, Steven Parr, will assume the role of Executive Chairman of the Board of AAC and will work closely with Mr. Myers through a transition phase. Mr. Myers, has over 30 years of experience in the merchandise and retail industries, with a focus on sales, marketing, product development and omni-channel distribution strategies. He most recently served as President and Chief Executive Officer of Sheplers.

American Achievement Corporation Closes the Private Placement of $467 Million Aggregate Principal Amount of New Revolving Credit Facility

American Achievement Corporation announced the closing of the private placement of $467 million aggregate principal amount of new revolving credit facility, first lien term loan, senior subordinated notes and preferred stock. The proceeds of this offering will be used to refinance the Company's existing revolving credit facility and $365 million of 10.875% senior secured notes due in 2016. In addition, the recapitalization will allow AAC to redeem or exchange all outstanding Series A Preferred Stock at the Company's indirect parent, American Achievement Group Holding Corp., redeem certain minority holders of common stock and warrants and pay related fees and expenses.

Similar Private Companies By Industry

Company Name Region
'47 Brand, Inc. United States
1 Atelier LLC United States
11 Pine, Inc. United States
110% Play Harder United States
12ve Degrees Corporation United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact American Achievement Corporation, please visit www.balfour.com/aac. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.