3 Aug 2017 07:00
The Quarto Group, Inc.
("Quarto" or "the Group")
Appointment of Non-Executive Director
The Quarto Group (LSE: QRT), the leading global illustrated book publisher today announces the appointment of Leslie-Ann Reed as a non-executive director of the Company, effective today.
Leslie-Ann is a chartered accountant with a diverse background and extensive international experience, having served in both executive and non-executive roles in publicly listed media and professional services companies. She is currently Non-Executive Director and Chair of the Audit Committee for Learning Technologies Group plc, the market leading integrated e-learning services and technologies provider. She is also a member of the Supervisory Board & Chair of the Audit Committee of Zeal Networks SE - a company listed on the Frankfurt Stock Exchange that specialises in the area of online lottery.
From 2010, Leslie-Ann was Chief Financial Officer of the global, online B2B auctioneer Go Industry plc, where she focused on driving operating efficiencies, enhancing operating margins, improving cashflow and negotiating new banking facilities. Ultimately, she led the successful sale of the business. Between 2007 and 2010, Leslie-Ann was an adviser to private equity company Marwyn Investment Management, overseeing their strategy to acquire professional training, research, data and information businesses.
Prior to this, she served as Chief Financial Officer of global commodities and economic research media group Metal Bulletin plc, helping to lead its transition from printed products to an online data and news service. After a career at Arthur Andersen, she held senior finance leadership roles at Universal Pictures, Polygram Music, EMI Music and Warner Communications Inc.
Leslie-Ann will join Quarto's non-executive Board alongside Peter Read, Chairman; Mike Hartley, Chair of the Audit Committee; Jess Burley, Chair of the Remuneration Committee; and Claire Capeci.
The Company confirms that save as set out above there is no additional information about Leslie-Ann that the Company is required to disclose under paragraph 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.
Peter Read, Chairman of The Quarto Group, said: "I am delighted to welcome Leslie-Ann to the Board. Her skills and experience in Finance and in supporting mergers and acquisitions will be of great help to Quarto as we refocus the Group on its core publishing expertise and pursue our ambition to become the dominant publisher of illustrated books worldwide."
Leslie-Ann added: "I am joining the board at a transformational time for Quarto. I look forward to supporting the company in their journey and to working with my fellow Board members to drive further shareholder value."
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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
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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.