February 27, 2015 7:05 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Jostens, Inc.

Company Overview

Jostens, Inc. designs and produces championship products, programs, and services for professional sports teams and athletes to share stories and celebrate achievements. Its products include rings for classes, sports, careers, and activities and interests; yearbooks for students and parents, as well as for advisers and staff; and photo gifts and cards. The company also offers graduation products for high schools and home schools, colleges, and pre-K to middle schools, such as graduation packages, announcements, senior apparel, senior jewelry, gifts and keepsakes, caps and gowns, diplomas and portfolios, accessories, and diploma frames. It sells its products through independent sales represent...

3601 Minnesota Drive

Minneapolis, MN 55435

United States

Founded in 1897

6,300 Employees

Phone:

952-830-3300

Fax:

952-830-3293

Key Executives for Jostens, Inc.

Chief Executive Officer, President and Director
Age: 53
Chief Financial Officer and Principal Accounting Officer
Senior Vice President of Operations
Age: 56
Director, Chairman of Visant Corporation, Chief Executive Officer of Visant Corporation and President of Visant Corporation
Age: 58
Group President of Arcade/Lehigh Direct, Chief Executive Officer of AKI, Inc and President of AKI, Inc
Age: 73
Compensation as of Fiscal Year 2014.

Jostens, Inc. Key Developments

Visant Corporation, Visant Holding Corp., Visant Secondary Holdings Corp. and Jostens, Inc Announce Management Changes

Visant Corporation announced that Alexander Navab and George M.C. Fisher resigned as of October 10, 2014 as directors of Visant and its parent corporations, Visant Holding Corp. and Visant Secondary Holdings Corp. (collectively, the Visant Entities), and its Jostens, Inc. Mr. Navab served as a director of the Visant Entities since 2004, and Mr. Fisher served as a director of the Visant Entities since 2005. Mr. Navab was until 2014 a member of the Executive and Compensation Committees. Joining the board of directors effective as of October 13, 2014 by vote of the directors of the Visant Entities and in accordance with the applicable stockholder agreement are Mr. Charles W. Mooty, President and Chief Executive Officer of Jostens, and Mr. Webster Chua, Director, Principal Activities, at Kohlberg Kravis Roberts & Co. L.P. (KKR). Mr. Mooty has been the president and CEO of Jostens since January 2014 and prior to that served as Interim CEO and president of Fairview Health Services from 2012 to 2013 in addition to being a member of Fairview's board. Prior to his role at Fairview, Mr. Mooty held the position of CEO of Faribault Woolen Mill Co. from 2011 to 2013 and before that served as the Chairman, CEO and President of International Dairy Queen, Inc. from 2001 to 2008. He currently serves on the board of directors of each of Fairview Health Services and Faribault Woolen Mill Co. Neither Mooty or Chua has been appointed to any committees of the boards of directors. The members of the Visant Entities boards of directors, effective October 13, 2014, consist of Marc Reisch, Chuck Mooty, Tagar Olson, David Burgstahler and Webster Chua, and Ms. Susan Schnabel, all of who will also serve on the Board of Directors of Jostens. In addition, in view of the completions of the recent sales of the Lehigh Direct and Arcade businesses and the refinancing transaction completed in September, Ms. Hlavaty, who serves as the senior vice president, chief legal officer and secretary of the Visant Entities, announced on October 14, 2014 that she will be completing her tenure and resigning her position effective December 21, 2014. She will be transitioning her remaining duties prior to year end, and Ms. Hlavaty intends to remain available for consultation through the first quarter of 2015. Ms. Hlavaty has been affiliated with Visant and its subsidiaries since August 2004.

Jostens, Inc. Appoints Chuck Mooty as Chief Executive Officer and President, Effective January 1, 2014

The Board of Directors of Jostens, Inc. has announced that Chuck Mooty has been appointed to the role of Chief Executive Officer and President, effective January 1, 2014. Mr. Mooty will be filling the top seat at Jostens vacated earlier this year. Mr. Mooty will also be named to the boards of directors of Jostens and Visant effective upon his appointment. A long time member of the Minneapolis business community, Mr. Mooty most recently served as Interim CEO of Fairview Health Services in addition to being a member of Fairview's board. Prior to his role at Fairview, Mr. Mooty was the CEO and President of Faribault Woolen Mills and before that served as the Chief Executive Officer and President of International Dairy Queen.

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