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Wednesday 29th July

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Orbach Replaced By Chadwick At Quarto

Posted at 7:44PM Wednesday 07 Nov 2012

At the special meeting of Quarto shareholders held today, company cofounder and CEO Laurence Orbach was removed as a director of the publishing company and replaced by Tim Chadwick. The meeting had been forced by two shareholder groups led by Harwood Capital that hold a 19% stake in the publisher and who have been unhappy with Quarto's performance under the direction of Orbach.

PW

Leaver Asks Quarto Stakeholders to Unite and Move Forward




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