Resignation of CFO

RNS Number : 1055B

Quarto Group Inc

31 March 2017

 

The Quarto Group, Inc.

("Quarto" or "the Group")

Resignation of CFO

The Quarto Group (LSE: QRT), the world's leading global illustrated book publisher, today announces the resignation of Michael Connole, its Chief Financial Officer and Executive Director.

The Board has commenced an executive search to identify a suitable replacement for the role and a further announcement will be made as soon as possible.

Marcus Leaver, Chief Executive Officer, said:

"Significant changes have been made to the business over the last 18 months or so and the Group is now well placed as a focused publishing business. We wish Michael and his family the best in the future."

Michael Connole said:

"After a busy 34-year career, the last 21 of which have been in senior financial roles, I feel it is time to take some time out before embarking on my next chapter.  I wish Marcus, my fellow Directors and everyone at Quarto all the best as they grow the business further."

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For further information, please contact:

            The Quarto Group

Marcus Leaver, CEO             Dorothée de Montgolfier, Group Director of Communications	020 7700 9002
Bell Pottinger              Elly Williamson	020 3772 2573

About The Quarto Group

The Quarto Group (LSE: QRT) is the leading global illustrated book publishing group. Our mission is to make and sell great books that entertain, educate and enrich the lives of adults and children around the world.

Quarto creates and owns proprietary content, publishing books from a diverse portfolio of imprints that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells books across 50 countries and in 39 languages through a variety of traditional and non-traditional channels, while constantly looking for new ways to create and deliver content that people need.

Quarto employs over 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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