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Quercus has appointed a new finance director and reshuffled its board of directors.
Paul Lenton, a chartered accountant who last worked on establishing a new London operation for US advertising agency Creature London, will begin his role as finance director for Quercus today (30th August).
Mike McGrath, Paul Lenton's predecessor, has now taken on a wider role as executive director of group sales and will oversee all of Quercus' sales, marketing, rights, co-edition and publicity efforts worldwide.
David North, previously managing director of trade publishing, will now take leadership of all of Quercus' publishing activities in his new role as executive director and publisher. The role brings together all fiction, non-fiction and children's publishing, including the company's four imprints; MacLehose Press, Jo Fletcher Books, Heron Books and Silver Oak, the North American joint venture with Barnes & Noble/Sterling.
Wayne Davies, previously managing director of contract publishing, will now move to become the company's executive director of digital and will further develop the company's e-book publishing, marketing, website, social media and online communities.
Mark Smith, chief executive officer of Quercus, said: "With Paul's appointment and a refocusing of our efforts onto the three key opportunities for Quercus, namely: the discovery, nurturing and delivery of world class intellectual property; digital product innovation and the development of online reading communities; and a global sales and marketing strategy, we feel that we now have in place the most effective management structure to enable Quercus to continue to deliver on its ambitions.”
David Potter, non-executive chairman of Quercus, said: "Paul's appointment and the new roles for the executive board of directors represent an important step in strengthening Quercus' top management team as we tackle the opportunities from broadening and deepening our range of titles and their increasingly digital delivery.”