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CFO Resignation & Board Change

5 Jun 2018 11:09

RNS Number : 3488Q
Quarto Group Inc
05 June 2018
 

5 June 2018

 

The Quarto Group, Inc.

CFO Resignation & Board Change

 

The Quarto Group, Inc. (LSE: QRT, "the Group", "Quarto"), the leading international illustrated book publisher, announces the resignation of Carolyn Bresh, its Chief Financial Officer, with immediate effect.

 

Mick Mousley, previously Chief Financial Officer of Quarto from 1987 until 2015, and who rejoined the Board following the recent Annual Meeting, will act as interim Chief Financial Officer.

 

Laurence Orbach, Executive Chairman, said:

 

"I thank Carolyn for the professional manner in which she has conducted herself since the Annual Meeting three weeks ago and respect her decision. I am delighted that Mick Mousley, a widely respected figure, is able to resume the position for a while."

 

Carolyn Bresh said:

 

"Quarto is an exciting place to work with both wonderful books and dedicated staff. I have decided to step down, following the change of control at the recent Annual Meeting. I wish Quarto every success in the future."

 

For further information, please contact:

 

Instinctif Partners

 

Adrian Duffield/Chantal Woolcock

 

+44 20 7457 2020

The Quarto Group, Inc.

 

Laurence Orbach, Executive Chairman

+44 20 7700 8075

 

About The Quarto Group

The Quarto Group (LSE: QRT) creates a wide variety of books and intellectual property products for global distribution, 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 kinaesthetically 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 its products globally in over 50 countries and 40 languages, through a variety of sales channels and partnerships, and five main routes to market - US, UK, International English language, Foreign language and other Partnerships.

 

 

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