QUEST SOLUTION, INC. (OTCMKTS:QUES) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On April 18, 2017, Mr. William Austin Lewis resigned from the
Board of Directors (the Board) of the Company for personal
reasons, which the Board accepted on April 18, 2017. There was no
disagreement or dispute between Mr. Lewis and the Company which
led to his Resignation.
On the same day, the Board appointed Messrs. Andrew J. MacMillan,
Neev Nissenson and Yaron Shalem as the directors of the Company,
effective immediately.
Mr. MacMillan is a corporate communications professional with 20
years of corporate communications experience in the global
securities industry, plus 18 years of direct investment banking
and related experience. He was a director of NTS, Inc. since
December 20, 2012 and since December 27, 2012 served as the
Chairman of its Nominating and Corporate Governance Committee
until NTS sale to a private equity firm in June 2014. Since 2010,
Mr. MacMillan has served as an independent management consultant
providing marketing and communications advisory to clients. Prior
to that from 2007 until 2010, Mr. MacMillan served as Director,
Global Communications Marketing of AXA Rosenberg, a leading
equity asset management firm. Prior to that, Mr. MacMillan served
in a variety of corporate communication roles including Senior
Vice President of Corporate Communications Government Affairs at
Ameriprise Financial, Head of Corporate Communications (Americas)
at Barclays Capital, Senior Vice President of Corporate
Communications of The Nasdaq Stock Market and Director of
Corporate Communications at Credit Suisse First Boston. Mr.
MacMillan previously served as an investment banker, acquisition
officer, and consultant directly involved with capital raising,
acquisitions, and financial feasibility studies. Mr. MacMillan
holds a BS in Industrial Engineering from the University of Iowa
and a Masters in Business Administration from Harvard. Mr.
MacMillans corporate communications and investment banking
expertise qualify him to serve as a director.
Mr. Neev Nissenson is an experienced entrepreneur and financial
officer. In 2015, Mr. Nissenson founded Hotwine, Inc., a
California based wine startup company, and has been serving as
its Chief Executive Officer since then. Since August 2016, Mr.
Nissenson has been serving as the Chief Financial Officer of
Hypnocore, Ltd., an Israeli based startup company that develops
mobile applications for sleep monitoring and therapy. During 2011
to 2015, Mr. Nissenson was the Chief Financial Officer of GMW,
Inc., a high-end wine retailer from Napa, California. Before
that, Mr. Nissenson served as the Vice President from 2006 to
2011 and the Chief Financial Officer from 2009 to 2011 at Phoenix
International Ventures, Inc., an aerospace defense company. Mr.
Nissenson was also a member of the Municipal Committee for
Business from 2004 to 2007 and a member of Municipal Committee
for Street Naming from 2005 to 2007 in the City of Herzliya,
Israel. He is also an armored platoon commander in the Israeli
Defense Forces (Reserve) Armored Corps with a rank of Captain.
Mr. Nissenson graduated from Tel Aviv University in 2005 with a
B.A. majoring in General History and Political Science. In 2007,
he graduated from the Hebrew University with an Executive Masters
degree in Business Administration specializing in Integrative
Management. Mr. Nissensons financial and business management
expertise qualify him to serve as a director.
Mr. Yaron Shalem has extensive experience in financial and
business management. Mr. Shalem has served as the Chief Financial
Officer at Singulariteam VC since April 2014. He also worked as
the Chief Financial Officer at Mobli Media Inc. from January 2014
to December 2016. Mr. Shalems experience also includes serving as
the Chief Financial Officer of TAT Technologies Ltd., a NASDAQ
listing company, from April 2008 to December 2013. Mr. Shalem is
a CPA in Israel. He received his B.A. in Economy Accounting from
Tel Aviv University in 1999 and an MBA degree from Bar-Ilan
University 2004. Mr. Shalems financial and business management
expertise qualify him to serve as a director.
Messrs. Andrew J. MacMillan, Neev Nissenson and Yaron Shalem will
each receive an annual compensation of $12,000 for serving on the
Board. None of them has a family relationship with any of the
current officers or directors of the Company. Other than the
annual compensation disclosed above, there are no arrangements or
understandings among Messrs. MacMillan, Nissenson and Shalem and
any other person to which Messrs. MacMillan, Nissenson and Shalem
were appointed to serve as the directors of the Company. There is
no currently proposed transaction, and since the beginning of
fiscal year 2017 there has not been any transaction, involving
the Company and Messrs. MacMillan, Nissenson or Shalem which was
a related person transaction within the meaning of Item 404(a) of
Regulation S-K.
As a result of these actions, the Companys Board currently
consists of Thomas O. Miller, Shai S. Lustgarten, Andrew J.
MacMillan, Neev Nissenson and Yaron Shalem.
About QUEST SOLUTION, INC. (OTCMKTS:QUES)
Quest Solution, Inc., formerly Amerigo Energy, Inc., is a national mobility systems integrator. The Company focuses on the design, delivery, deployment and support of integrated mobile solutions. It offers end-to-end solutions, which include hardware, software, communications and lifecycle management services. It offers a suite of configurable packaged software solutions, which include Order Entry, DSD and Route, Intelligent Order Entry, ITrack, Warehouse, Proof of Delivery, WTMiP and Easy Order. In addition, it guides companies through the development and deployment process, from selecting technology to the company-wide rollout of a customized solution that fits a company’s requirements. It performs a technical evaluation of the client’s operations and specific operational problems, and then determines the optimal hardware and software solutions. It delivers ongoing services provided throughout the deployment process and product life cycle. It also delivers installation services. QUEST SOLUTION, INC. (OTCMKTS:QUES) Recent Trading Information
QUEST SOLUTION, INC. (OTCMKTS:QUES) closed its last trading session 00.000 at 0.120 with 109,000 shares trading hands.