Quest Solution Names Tom Miller Chairman of the Board and Chief Executive Officer
Company Appoints New Independent Director; Majority of the Board are Independent
HENDERSON, NV / ACCESSWIRE / April 28, 2015 / Quest Solution, Inc, "The Company" (OTCQB: QUES), a leading provider in the technology, software, and mobile data collection systems business, today announced that Tom Miller, currently a director to the Company and a previous member of the Board of Advisors of Bar Code Specialties, Inc., the Company's wholly owned subsidiary, will assume the positions of Chairman of the Board and Chief Executive Officer, effective May 1. Miller replaces Jason Griffith as CEO, who will move to the position of Executive Vice President of Strategy and Acquisitions.
Miller has more than 30 years of leadership and industry experience, including executive positions with Intermec Corporation, a leader in the automated data collection, wireless and mobile computing industries. Prior to accepting these new roles, Miller served as a partner in The SAGE Group, a management consulting company that works with executives at small to midsize companies on business transformation and revitalization strategies for value-creating events. Mr. Miller and The Sage Group also advise private equity firms that invest in wireless and mobility companies.
"The combination between Quest and Bar Code Specialties ("BCS"
in late 2014 was a transformative combination, creating a powerful organization with scale, a comprehensive offering and a world-class customer base," commented Mr. Miller. "The integration of the two companies positions Quest for broader market opportunities to provide an expanding base of customers with mobile and cloud-based technology solutions to improve their operational efficiencies and increase productivity and profitability. As we progress throughout 2015 and begin to take full advantage of operational synergies, we expect cost savings and additional revenue opportunities will drive both top-line growth and gross margin expansion over our 2014 pro forma results. I look forward to taking a more active role in the day-to-day management and operations of the business."
Jason Griffith, current CEO, added, "We are extremely pleased to have someone of Tom's caliber coming into this role. He possesses the leadership and industry expertise to lead Quest through the next phase of our business evolution.
The Company also announced the appointment of Mr. Robert Shepard as a member of the Board of Directors, effective May 1 as well. Shepard currently serves as CEO of Jenesey Inc., a global firm that provides consulting on product design, marketing, sales, compliance, information technology application, operations, strategic redesign and efficient integration. From 2001 to 2008, Shepard served as CEO of Premier Dealer Services, Inc., a wholly owned subsidiary of American Financial Group. He began his career with AON Corporation in 1978 where he held various positions.
"Bob is a respected business leader with global product and services experience that spans the breadth of large enterprises," commented Tom Miller, incoming CEO and Chairman of the Board. "I welcome Bob and appreciate the value his insights and vision will bring to our business."
Additionally, Jason Griffith and Scot Ross stepped down from their respective board positions to focus on the more tactical aspects of executing the Company's strategic vision to accelerate growth and optimize synergies of the combination with BCS. As a result, the majority of the Company's Board of Directors are independent.
http://www.otcmarkets.com/stock/QUES/news
Company Appoints New Independent Director; Majority of the Board are Independent
HENDERSON, NV / ACCESSWIRE / April 28, 2015 / Quest Solution, Inc, "The Company" (OTCQB: QUES), a leading provider in the technology, software, and mobile data collection systems business, today announced that Tom Miller, currently a director to the Company and a previous member of the Board of Advisors of Bar Code Specialties, Inc., the Company's wholly owned subsidiary, will assume the positions of Chairman of the Board and Chief Executive Officer, effective May 1. Miller replaces Jason Griffith as CEO, who will move to the position of Executive Vice President of Strategy and Acquisitions.
Miller has more than 30 years of leadership and industry experience, including executive positions with Intermec Corporation, a leader in the automated data collection, wireless and mobile computing industries. Prior to accepting these new roles, Miller served as a partner in The SAGE Group, a management consulting company that works with executives at small to midsize companies on business transformation and revitalization strategies for value-creating events. Mr. Miller and The Sage Group also advise private equity firms that invest in wireless and mobility companies.
"The combination between Quest and Bar Code Specialties ("BCS"
in late 2014 was a transformative combination, creating a powerful organization with scale, a comprehensive offering and a world-class customer base," commented Mr. Miller. "The integration of the two companies positions Quest for broader market opportunities to provide an expanding base of customers with mobile and cloud-based technology solutions to improve their operational efficiencies and increase productivity and profitability. As we progress throughout 2015 and begin to take full advantage of operational synergies, we expect cost savings and additional revenue opportunities will drive both top-line growth and gross margin expansion over our 2014 pro forma results. I look forward to taking a more active role in the day-to-day management and operations of the business." Jason Griffith, current CEO, added, "We are extremely pleased to have someone of Tom's caliber coming into this role. He possesses the leadership and industry expertise to lead Quest through the next phase of our business evolution.
The Company also announced the appointment of Mr. Robert Shepard as a member of the Board of Directors, effective May 1 as well. Shepard currently serves as CEO of Jenesey Inc., a global firm that provides consulting on product design, marketing, sales, compliance, information technology application, operations, strategic redesign and efficient integration. From 2001 to 2008, Shepard served as CEO of Premier Dealer Services, Inc., a wholly owned subsidiary of American Financial Group. He began his career with AON Corporation in 1978 where he held various positions.
"Bob is a respected business leader with global product and services experience that spans the breadth of large enterprises," commented Tom Miller, incoming CEO and Chairman of the Board. "I welcome Bob and appreciate the value his insights and vision will bring to our business."
Additionally, Jason Griffith and Scot Ross stepped down from their respective board positions to focus on the more tactical aspects of executing the Company's strategic vision to accelerate growth and optimize synergies of the combination with BCS. As a result, the majority of the Company's Board of Directors are independent.
http://www.otcmarkets.com/stock/QUES/news
