Updated: What Does New CEO Parr Mean for HFMUS?

The top-level leadership changes that have been sweeping through the magazine industry have made their way to Hachette Filipacchi Media U.S., the publisher of Elle and Woman’s Day.
 
The company, which just rebranded itself as HFMUS, appointed Steve Parr, a veteran publishing executive, as its new president and CEO, effective Oct. 1. He will replace Alain Lemarchand, who will return to HFMUS’s French parent Lagardère Active, leaving a legacy of restructuring and cost-cutting during his two years at the U.S.