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Stock impact report

Quest CEO: ‘Next stage requires a change in culture' [Yahoo! Finance]

Quest Resource Holding Corporation (QRHC) 
Last quest resource holding corporation earnings: 3/12 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.qrhc.com/investors
Company Research Source: Yahoo! Finance
Perry Moss, who was named the CEO of waste broker Quest Resource Management Group last month, said he plans to refocus the company's culture to move on from a difficult year. “we're at the point now where my style can benefit the company,” Moss said. “To take Quest to the next stage requires a change in culture.” Quest is in the midst of offloading a mall tenant business it acquired in 2021 and refocusing on larger clients, especially in the industrial and manufacturing sectors. It anticipates a 15% reduction in workforce due to the sale and other internal layoffs. As part of its internal reset, Quest is implementing a new vendor management system that Moss said should prevent some of the missteps the company faced last year. His management team is also resetting internal benchmarks to improve employee performance. Quest reported near-stagnant revenue growth and poor margin performance in the fourth quarter of 2024 in its earnings release in March. Its annual revenue was $288.5 Show less Read more
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