Quarto Group Inc CEO resignation (2360P)
25 May 2018 - 12:10AM
UK Regulatory
TIDMQRT
RNS Number : 2360P
Quarto Group Inc
24 May 2018
24 May 2018
The Quarto Group, Inc.
CEO resignation
The Quarto Group, Inc. (LSE: QRT, "the Group", "Quarto"), the
leading international illustrated book publisher, announces the
resignation of Marcus Leaver, its Chief Executive Officer, with
immediate effect.
In the meantime, CK Lau will act as interim Chief Executive
Officer. CK Lau was appointed to the Board at last week's Annual
Meeting.
Laurence Orbach, Executive Chairman said:
"I thank Marcus for his considerable achievements over the last
five-and-a half years. He has raised Quarto's profile within the
industry. The continued output of very high-quality books is a
testament to Marcus's leadership and an impressive demonstration of
the strengths of Quarto's talented employees.
"Quarto remains focused on producing great books for its readers
during this period of managerial transition and we look forward to
moving the business forward and build upon its strengths."
Marcus Leaver said:
"I would like to thank everyone at Quarto for their hard work
and resilience during my tenure as CEO. In addition to our authors,
illustrators and photographers, each and every person contributes
to Quarto making great books and selling lots of them."
For further information, please contact:
Instinctif Partners
Adrian Duffield/Chantal Woolcock +44 20 7457 2077
The Quarto Group, Inc.
Laurence Orbach, Executive Chairman +44 20 7700 8075
About The Quarto Group
The Quarto Group (LSE: QRT) creates a wide variety of books and
intellectual property products for global distribution, with a
mission to inspire life's experiences. Produced in many formats for
adults, children and the whole family, our products are visually
appealing, information rich and kinaesthetically stimulating.
The Group encompasses a diverse portfolio of imprints and
businesses that are creatively independent and expert in developing
long-lasting content across specific niches of interest.
Quarto sells its products globally in over 50 countries and 40
languages, through a variety of sales channels and partnerships,
and five main routes to market - US, UK, International English
language, Foreign language and other Partnerships.
Quarto employs c. 400 talented people in the US, UK and Hong
Kong. The Group was founded in London in 1976. It is domiciled in
the US and listed on the London Stock Exchange.
For more information, visit quarto.com or follow us on Twitter
at @TheQuartoGroup.
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END
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