1st Jul 2021 20:34
Quarto Group Inc - illustrated book publishing company - Chief Executive Polly Powell resigns to "build on the continuing success of her own company, Pavilion Books". CK Lau will act as interim CEO until Powell's replacement is found.
"I came to Quarto to make a difference, and I think I have achieved that, so my job is done. Quarto is a fabulous company with outstanding people and it is now firing on all cylinders. The publishing programme is super-strong and the numbers are looking good," says Powell.
Pavilion and Batsford Books will continue to be sold and distributed by Quarto Publishing in the UK and US markets, firm notes.
Current stock price: 89.75 pence
Year-to-date change: up 53%
By Lucy Heming;Â [email protected]
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