Appointment of Non-executive Director

RNS Number : 9025Z

Quarto Group Inc

13 March 2013

 



13 March 2013

The Quarto Group, Inc.

("Quarto" or the "Company" or the "Group")

Appointment of Non-executive Director

Quarto (LSE:QRT), the world's leading international illustrated non-fiction book publisher and distribution group, is pleased to announce the appointment of Max Lesser as a non-executive director of the Company with immediate effect.

Max Lesser is a founding partner of Worsley Associates LLP, an investment advisory business and he is currently a non-executive director of Journey Group plc. Prior to this he was an investment manager at Guinness Peat Group plc for 11 years. Previous roles have included periods as an equity analyst at JB Were & Son (New Zealand) Ltd and BZW New Zealand Ltd.

Tim Chadwick, Chairman of Quarto, said,

"We are delighted that Max has joined the board at this exciting and transformational time for Quarto. His appointment is in line with our strategy to revitalise the board and his experience will be helpful to Management and the Board in our pursuit of driving up shareholder value in the business. The Company will update the market with further appointments to the board in due course."

For further information:

Quarto	+ 44 (0)20 7700 9004
Marcus Leaver, CEO Mick Mousley, CFO
Peel Hunt LLP	+ 44 (0)20 7418 8900
Richard Kauffer Daniel Harris
M:Communications Elly Williamson Matthew Neal	+ 44 (0) 207 920 2330

About Quarto Group

The Quarto Group (LSE: QRT) is the world's leading international illustrated book publisher and distribution group and is listed on the London Stock Exchange. Quarto has about 400 talented people in four distinct but complementary businesses - Quarto International Co-editions, UK; Quayside Publishing Group, USA; Aurum Publishing Group, UK and Lifetime/Premier Display Marketing, Australia & NZ. The Group is well positioned in attractively resilient segments of the publishing market which present opportunities for growth as the industry adapts to new means of marketing, sales and consumption. The Group's headquarters are in London where the Company was founded in 1976. 

The Company confirms that save as set out above there is no additional information about Mr Lesser that the Company is required to disclose under paragraph 9.6.13(1) to (6) of the Listing Rules of the UK Listing Authority.

 

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