Board Appointment

RNS Number : 4391Z

Quarto Group Inc

15 March 2012

 



For Immediate Release

15 March 2012

THE QUARTO GROUP, INC

("Quarto")

Board Appointment

Quarto  (Full List: QRT.L), one of the largest international co-edition book publishers based in London, is pleased to announce the appointment of Marcus Leaver to the newly created position of Chief Operating Officer. Mr Leaver will join the company in April.

Marcus Leaver, 41, a British national, became President of Sterling Publishing, in January 2008, having joined in 2005 as Chief Operating Officer. Sterling is a wholly owned subsidiary of Barnes & Noble, the leading bricks-and-mortar bookseller in the US, and a rapidly growing presence in digital publishing. Prior to Sterling, Mr. Leaver served as CEO of the Chrysalis Books Group, in London, from 2002-2004, and Corporate Development Director of Chrysalis Group plc, a London Stock Exchange-listed media company, and in a number of different general management roles, from 1998-2002. Mr. Leaver graduated from the University of East Anglia with a degree in Art History, and received his MBA from London Business School.

Commenting on the appointment, Chairman and Chief Executive, Laurence Orbach said:

"Marcus Leaver is an outstanding person for this newly-created role and brings to it a wealth of experience of book publishing at senior levels on both sides of the Atlantic. The culmination of an extended search process, we came back to where we started, and this appointment heralds the beginning of generational change at Quarto. Marcus and I have known each other for many years and I believe will be able to engineer a smooth transition. Marcus will be joining the Board of Quarto and, from the start, will be contributing to the strategic direction of the business,"

"I have known Laurence since my first few weeks in publishing and he has been a great mentor to me over the years," Marcus Leaver said. "I look forward to working with him and the rest of the Board very closely. I relish being part of the Quarto team. I have worked with a number of the excellent people throughout the company in different capacities all around the world - their creativity, discipline and tenacity never ceases to amaze me. This is a fascinating time in publishing with abundant opportunity and Quarto's global perspective is unique. I look forward to getting started."

****ends****

For further information please contact:

The Quarto Group Inc                                                                     020 7700 9004

Laurence Orbach, Chairman and CEO, Mick Mousley, CFO

Marcus Leaver

[e-mail]

Buchanan                                                                                          020 7466 5000

Mark Edwards, Suzanne Brocks, Louise Hadcocks

 

END

 

 

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