After less than a year as CEO, Polly Powell has resigned. Controlling shareholder CK Lau will once again serve as interim group CEO. Despite the abrupt departure, Powell provides a cheery statement: “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 program is super-strong and the numbers are looking good.”
