18 Sep 2020 07:00
The Quarto Group Inc
(the "Company")
Board Changes
The Quarto Group Inc (LSE: QRT) today announces the following changes to directors' responsibilities:
Polly Powell is appointed as Group Chief Executive Officer with effect from 18 September 2020. Polly was elected to the Board on 10 February 2020 with responsibility as Chief Executive Officer of the Company's UK operations. Polly takes over from C.K. Lau who remains an Executive Director of the Company.
Chairman of the Board Andy Cumming comments:
"I am delighted that Polly has agreed to take on the position of Group Chief Executive Officer. Polly has already made a significant contribution to Quarto since joining at the beginning of the year and I look forward to working closely with her as we continue to build on the successful turnaround of the business."
Polly said: "Since joining Quarto, I have come to truly appreciate the sheer scale and reach of its global sales - no other like-minded company can match it. Under Ken Fund and C.K., the Company has been rightly rewarded with its first Number 1 New York Times bestseller with This Book Is Anti-Racist and the relentless march of the Little People, Big Dreams series is a wonder to behold. I look forward to working with Ken and doing justice to the Board's appointment of me as C.K.'s successor."
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The Legal Identified of the Company is 549300BJ2WPX3QUATW58.
For further information, please contact:
The Quarto Group Inc.
Michael Clarke, Company Secretary +44 (0)20 7700 6700
About The Quarto Group
The Quarto Group (LSE: QRT) creates a wide variety of books and intellectual property products, 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 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 and distributes its products globally in over 50 countries and 40 languages, through a variety of sales channels, partnerships and routes to market.
Quarto employs c.330 talented people in the US and the UK. 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.