Quarto Group Inc Appointment of Chief Financial Officer (1969C)

TIDMQRT

RNS Number : 1969C

Quarto Group Inc

18 January 2018

18 January 2018

The Quarto Group, Inc.

Carolyn Bresh to be appointed Chief Financial Officer

The Quarto Group, Inc. (LSE: QRT, "Quarto" or "the Group"), the leading international illustrated book publishing group, has appointed Carolyn Bresh as Chief Financial Officer. She will take up the post on 9 April 2018.

Carolyn will join the Board as an Executive Director and will be responsible for Quarto's finance, strategic planning, and legal and business affairs functions.

Carolyn is currently a Partner at Everymind Ltd, a consultancy that provides senior Finance strategy and support - a post she has held since 2007.

Prior to that, Carolyn was Deputy CFO and Group Financial Controller at Reuters Group plc, which she joined in 1995, working in the US and UK in Divisional Finance Director roles. Carolyn previously held various finance roles at Blenheim Group plc from 1992 to 1995, following her qualification at PwC.

Brian Porritt, who joined Quarto as Interim Chief Financial Officer in May 2017, will stay with the business to work closely with Carolyn to effect a comprehensive transition.

Marcus Leaver, Chief Executive of Quarto, said:

"I am delighted that Carolyn is joining us. She brings considerable sector and international experience, an increased commercial focus as well as strategic planning and analysis - all of which we need as an ambitious pure-play publishing business.

"On behalf of the Board, I would like to thank Brian Porritt for his considerable contribution over the last nine months and for agreeing to stay on to ensure a comprehensive transition. He has been an excellent partner and I am sure that Carolyn will build on the foundations he has put in place."

Carolyn Bresh said:

"I am thrilled to be joining Quarto at this exciting time. I am really impressed by the quality of Quarto's books and Intellectual Property and look forward to working closely with Marcus and his team."

There are no disclosures required under paragraph 9.6.13R of the Listing Rules of the UK Listing Authority.

- ENDS-

For further information, please contact:

 
                                      [phone] 
 The Quarto Group, Inc.                9002 
 Marcus Leaver, CEO 
 Dorothée de Montgolfier, 
  Group Director of Communications 
 
                                      [phone] 
 Instinctif Partners                   2077 
 Adrian Duffield/Chantal Woolcock 
 

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 and related products that entertain, educate and enrich the lives of adults and children around the world.

Quarto creates and owns proprietary content 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 18, 2018 02:00 ET (07:00 GMT)