Quest Resource Holding appoints Perry Moss as new CEO

Published 12/03/2025, 21:06
Quest Resource Holding appoints Perry Moss as new CEO

THE COLONY, Texas - Quest Resource Holding Corporation (NASDAQ:QRHC), a national provider of environmental waste and recycling services with annual revenue of $287.9 million, announced a change in leadership today with the appointment of Perry W. Moss as the new Chief Executive Officer, effective immediately. The announcement comes as S. Ray Hatch retires from the CEO position but will remain on the company’s Board of Directors. According to InvestingPro analysis, the company currently trades near its 52-week low, suggesting potential opportunities for new leadership to drive value creation.

Moss, who joined Quest in July 2023 and was promoted to Chief Revenue Officer in June 2024, brings over 30 years of experience in business development, operations, and leadership. His tenure at Quest has already been marked by significant achievements, including driving a record number of customer wins and revenue growth. InvestingPro data shows the company has maintained a modest revenue growth of 2.35% over the last twelve months, though analysts expect improved profitability this year. For detailed analysis and 12 additional exclusive insights, investors can access the comprehensive Pro Research Report available on InvestingPro.

Dan Friedberg, Chairman of the Board, expressed confidence in Moss’s ability to lead the company through its next growth phase, citing Moss’s strong track record and disciplined approach to business development and revenue generation.

In addition to the executive transition, Quest Resource Holding has also hired Nick Ober as Senior Vice President of Operations. Ober’s extensive operational experience in the freight and waste management industries, including senior roles at RXO, Inc. and Republic Services, Inc., is expected to bolster Quest’s newly created Operational Excellence Initiative. This program aims to integrate technology-driven processes to enhance performance across the organization.

Moss expressed his enthusiasm for leading Quest into a new chapter, emphasizing the company’s unique value proposition and its role as a partner of choice for large enterprises seeking efficient and sustainable waste management solutions.

The company’s focus on operational excellence and efficiency is poised to drive bottom-line performance and deliver value for customers. With a current ratio of 1.52, Quest maintains adequate liquidity to support its operational initiatives. This strategic direction is based on the press release statement and reflects Quest’s commitment to innovation and customer service in the environmental waste and recycling sector. Investors seeking deeper insights into Quest’s financial health and growth potential can access comprehensive analysis and valuation metrics through InvestingPro’s detailed research platform.

In other recent news, Quest Resource Holding Corporation has completed a refinancing process with Monroe Capital Management Advisors, LLC and PNC Bank. The company secured a $54 million term loan with Monroe, extending the maturity date to June 2030 and reducing the interest rate by 100 to 200 basis points. Additionally, Quest’s agreement with PNC Bank increased the revolver commitment from $35 million to $45 million, with the interest rate lowered by 25 basis points. These changes are expected to cut approximately $1 million in annual interest expenses. Quest’s management highlighted that the refinancing reflects confidence from lenders in the company’s business model and credit profile. The improved financial terms are seen as a strategic move to support Quest’s growth initiatives. The details of these refinanced terms have been documented in a filing with the U.S. Securities and Exchange Commission.

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