25th Apr 2019 17:40
LONDON (Alliance News) - Quarto Group Inc on Thursday said it has appointed Michael Mousley as Non-Executive director from Wednesday next week.
Mousley was appointed interim chief financial officer in June 2018 to assist with the company's cost-out and refinancing programmes. Previously, he was Quarto's finance boss between 1987 and 2015.
The illustrated book publisher also confirmed that as non-executive director, Mousley is not considered to be independent.
A new CFO has been appointed and will join Quarto in July. Between now and July, Steven Grace, finance director, will lead the company's finance function, it said.
"I want to thank Michael for his contributions over the past ten months. Michael came out of retirement to help Quarto with its refinancing and restructuring plans that helped to stabilise the group," said Chief Executive Ken Lau.
"I now look forward to working with Michael in his new role as non-executive director," added Lau.
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