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."
For further information please contact:
Marcus Leaver, CEO
Dorothée de Montgolfier, Group Director of Communications
|+44 (0) 20 7700 9002|
|+44 (0) 20 3772 2573|
About The Quarto Group
The Quarto Group (LSE: QRT) is the leading global illustrated book publisher. 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, Hong Kong, Australia and New Zealand. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.