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</font></div><div><p style="margin: 0px 0px 17px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; font-family: var(--font-serif); line-height: 27px; overflow-wrap: break-word; color: rgb(51, 51, 51);">chairman and chief executive of Oklahoma natural-gas producer Quest Resource Corp. resigned Monday amid an investigation by state regulators into what the company said was the transfer of about <b>$10 million</b> of company money to a business he controlled.</p><p style="margin: 0px 0px 17px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; font-family: var(--font-serif); line-height: 27px; overflow-wrap: break-word; color: rgb(51, 51, 51);">The company said that Jerry Cash, who led...wsj Gose</p><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman" /><div><font size="4" face="Times New Roman">Quest Resource shares plummet</font></div><div>The CEO resigns amid a securities investigation.</div><div>DAN LONKEVICH Bloomberg News Aug 26, 2008 0</div><div>Quest Resource shares plummet</div><div>Jerry Cash, CEO of Quest Resource Corp., speaks Aug. 14 at the 11th Oil & Gas Conference in Denver. Cash has resigned amid a probe by securities regulators. Matthew Staver/Bloomberg News</div><div>
</div><div>DAN LONKEVICH Bloomberg News</div><div>The CEO resigns amid a securities investigation.</div><div>
</div><div>Shares of Oklahoma City-based Quest Resource Corp.plunged nearly 30 percent Monday after its CEO resigned amid an investigation of money transfers to an entity he controlled.</div><div>
</div><div>Quest tumbled $2.05, or 29.5 percent, to close at $4.88 on the Nasdaq Stock Market.</div><div>
</div><div>Chairman and CEO Jerry Cash resigned after the discovery — in connection with an inquiry by Oklahoma securities regulators — of an estimated $10 million in transfers of company funds, Quest said in a statement.<b> Chief Financial Officer David Grose will be on paid leave during an investigation of the matter,</b> the company said.</div><div>
</div><div>Cash could not be reached comment.</div><div>
</div><div><b>Chief Operating Officer David Lawler was named president of Quest and the two limited partnerships it controls</b>, according to the statement. <span style="background-color: rgb(255, 255, 0);">The partnerships are Quest Energy Partners LP, which produces oil and natural gas, and Quest Midstream Partners LP, which transports and processes gas.</span></div><div>
</div><div>Company officials said members of the three boards met in joint sessions Friday and over the weekend. The boards formed a special panel to investigate the matter and consider the effects on the companies' finances, according to the statement.</div><div>
</div><div>Quest said it has reported the issue to the Securities and Exchange Commission and other governmental and regulatory organizations, and intends to cooperate fully with them.</div><div>
</div><div>Lawler has more than 17 years of oil and gas industry experience in various senior management and engineering positions, and has served as COO of Quest Resource since May 2007. He has been a director and COO of Quest Energy Partners since its initial public offering last November.</div><div>
</div><div>"The boards have tremendous confidence in David's abilities," said Jay Rateau, lead director for Quest Resource.</div><div>
</div><div>Quest officials also said in the statement that they have retained Kroll Zolfo Cooper LLC to assist in accounting and finance functions during Grose's absence. The Tulsa World Business staff contributed to this story.</div></div><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman">unrelated?</font></div><div><font size="4" face="Times New Roman">LI</font></div><div><font size="4" face="Times New Roman">
</font></div><div><div><font size="4" face="Times New Roman"><b>Quest Resource Management Group, a QRHC Company (NASDAQ: QRHC)</b></font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 0);">Environmental Services</font></div><div><font size="4" face="Times New Roman">The Colony, TX 1,346 followers</font></div><div><font size="4" face="Times New Roman">We deliver environmentally sound, cost-effective programs that help you achieve your sustainability goals in no time.</font></div><div><font size="4" face="Times New Roman">Follow</font></div><div><font size="4" face="Times New Roman">Laurie Ray Andy</font></div><div><font size="4" face="Times New Roman">View all <b>93 employees</b></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">About us</font></div><div><font size="4" face="Times New Roman">Quest Resource Management Group, a subsidiary of Quest Resource Holding Corporation (Nasdaq: QRHC), is a full-service environmental consulting and management company headquartered in The Colony, Texas. </font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Quest supports the efforts of companies to maximize profits and mitigate risks while minimizing their ecological footprints. Quest’s clients span numerous industry segments, including food services, hospitality, retail, manufacturing, construction, automotive aftermarket, and fleet industries. </font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Quest provides clients with comprehensive sustainability programs, innovative recycling solutions, and environmental protection. In addition, Quest prides itself in delivering targeted solutions exclusively tailored to the needs of each respective client. </font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Website</font></div><div><font size="4" face="Times New Roman">https://www.questrmg.com</font></div><div><font size="4" face="Times New Roman">Industries</font></div><div><font size="4" face="Times New Roman">Environmental Services</font></div><div><font size="4" face="Times New Roman">Company size</font></div><div><font size="4" face="Times New Roman">51-200 employees</font></div><div><font size="4" face="Times New Roman">Headquarters</font></div><div><font size="4" face="Times New Roman">The Colony, TX</font></div><div><font size="4" face="Times New Roman">Type</font></div><div><font size="4" face="Times New Roman">Public Company</font></div><div><font size="4" face="Times New Roman">Founded</font></div><div><font size="4" face="Times New Roman">2007</font></div><div><font size="4" face="Times New Roman">Specialties</font></div><div><font size="4" face="Times New Roman">Sustainability Consulting and Programs Management, Recycling Consulting and Programs Management, Data Management and Reporting, and Environmental Protection</font></div><div><font size="4" face="Times New Roman">Locations</font></div><div><font size="4" face="Times New Roman">Primary</font></div><div><font size="4" face="Times New Roman">3481 plano parkway</font></div><div><font size="4" face="Times New Roman">
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</b></font></div><div><font size="4" face="Times New Roman"><b>The Colony, TX </b>75056, US</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Get directions</font></div><div><font size="4" face="Times New Roman">Employees at Quest Resource Management Group, a QRHC Company (NASDAQ:QRHC)</font></div><div><font size="4" face="Times New Roman">Click here to view Laurie Latham’s profile</font></div><div><font size="4" face="Times New Roman">Laurie Latham</font></div><div><font size="4" face="Times New Roman">CFO and SVP of Finance at Quest Resource Holding Corporation and Quest Resource Management Group</font></div><div><font size="4" face="Times New Roman">Click here to view <b>Ray Hatch’s</b> profile</font></div><div><font size="4" face="Times New Roman">Ray Hatch</font></div><div><font size="4" face="Times New Roman">President / Chief Executive Officer at Quest Resource Holding Corporation</font></div><div><font size="4" face="Times New Roman">Click here to view Andy Treby’s profile</font></div><div><font size="4" face="Times New Roman">Andy Treby</font></div><div><font size="4" face="Times New Roman">National Sales Manager - Quest Resource Management</font></div><div><font size="4" face="Times New Roman">Click here to view Mauricio Javier Solórzano’s profile</font></div><div><font size="4" face="Times New Roman">Mauricio Javier Solórzano</font></div><div><font size="4" face="Times New Roman">Senior Software Engineer at Quest Resource Management Group</font></div><div><font size="4" face="Times New Roman">See all employees</font></div><div><font size="4" face="Times New Roman">Updates</font></div><div><font size="4" face="Times New Roman">Quest Resource Management Group, a QRHC Company (NASDAQ:QRHC)</font></div><div><font size="4" face="Times New Roman">Quest Resource Management Group, a QRHC Company (NASDAQ:QRHC)</font></div><div><font size="4" face="Times New Roman">1,346 followers</font></div><div><font size="4" face="Times New Roman">
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