UPDATE: According to Publishing Trends, several other Sterling executives have also left:
Editorial Director Jason Prince, Executive Editor Nathaniel Marunis, VP Operations Kim Brown and VP Sales Karen Patterson have left Sterling. Theresa Thompson has been promoted to Executive VP at B&N and will be overseeing Sterling.
Quarto (Full List: QRT.L), one of the largest international co-edition book publishers based in London, is pleased to announce the appointment of Marcus Leaver to the newly created position of Chief Operating Officer. Mr Leaver will join the company in April.
Marcus Leaver, 41, a British national, became President of Sterling Publishing, in January 2008, having joined in 2005 as Chief Operating Officer. Sterling is a wholly owned subsidiary of Barnes & Noble, the leading bricks-and-mortar bookseller in the US, and a rapidly growing presence in digital publishing. Prior to Sterling, Mr. Leaver served as CEO of the Chrysalis Books Group, in London, from 2002-2004, and Corporate Development Director of Chrysalis Group plc, a London Stock Exchange-listed media company, and in a number of different general management roles, from 1998-2002. Mr. Leaver graduated from the University of East Anglia with a degree in Art History, and received his MBA from London Business School.
Commenting on the appointment, Chairman and Chief Executive, Laurence Orbach said:
“Marcus Leaver is an outstanding person for this newly-created role and brings to it a wealth of experience of book publishing at senior levels on both sides of the Atlantic. The culmination of an extended search process, we came back to where we started, and this appointment heralds the beginning of generational change at Quarto. Marcus and I have known each other for many years and I believe will be able to engineer a smooth transition. Marcus will be joining the Board of Quarto and, from the start, will be contributing to the strategic direction of the business,”
“I have known Laurence since my first few weeks in publishing and he has been a great mentor to me over the years,” Marcus Leaver said. “I look forward to working with him and the rest of the Board very closely. I relish being part of the Quarto team. I have worked with a number of the excellent people throughout the company in different capacities all around the world – their creativity, discipline and tenacity never ceases to amaze me. This is a fascinating time in publishing with abundant opportunity and Quarto’s global perspective is unique. I look forward to getting started.”