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Updates on: Princeton Review, Reader’s Digest

Princeton Review Inc., which provides test-preparation and college admissions services, on Wednesday named Stephen Richards chief operating officer and chief financial officer. Richards was previously executive vice president, chief operating officer and chief financial officer at Houghton Mifflin. — CNN

Reader’s Digest has named Peggy Northrop U.S. Editor-in-Chief, it was announced today by Mary Berner, President and CEO of The Reader’s Digest Association, Inc. Northrop joins  Reader’s Digest from Meredith’s More magazine, where she has been Editor-in- Chief since  April 2004. Northrop will also serve on the company’s Executive Committee. — PR Newswire