3 Jun 2021 16:00
The Quarto Group, Inc.
(the "Company", "Quarto")
Director change
Quarto announces that COO, Ken Fund, has given notice to the Company of his decision to retire with effect from 1st December 2021; he will step down from the Board on the same date.
Ken joined Quarto in 1999 as President and CEO of the subsidiary Rockport Publishers before heading up the Company's US division for many years. He was appointed Group COO in 2016 and joined the Board as an executive director in 2018.
Ken said "Being a part of Quarto for the past 22 years has been a wild adventure that I have enjoyed completely. This is the right time to retire as Quarto is in good hands and has a strong future. I want to acknowledge all of Quarto's talented colleagues; they are what makes Quarto a special company."
Chairman Andy Cumming said "Ken has had a distinguished career and has made an outstanding contribution to the success of Quarto over many years. He leaves the Board with our warmest best wishes for the future."
Group CEO Polly Powell commented "Ken is a much-respected member of the publishing community and I have greatly appreciated working alongside him for the last 18 months. His wisdom and knowledge of illustrated book publishing is second to none, and his extensive contribution to the evolution of the Quarto Group cannot be underestimated. I wish him the very best in retirement - I'm sure I will be bothering him with phone calls for some time yet."
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.300 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.