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Quest CFO Leaving for Another Company

Aliso Viejo’s Quest Software Inc., a maker of software that monitors the performance of other business software programs, said its chief financial officer is leaving.

Michael Lambert plans to step down Oct. 10 to take a position at another company, according to a filing with the Securities and Exchange Commission.

Quest didn’t name the company.

Lambert held the post since 2005. He also was Quest’s principal accounting officer since 2006.

His departure isn’t related to Quest’s probe of misdated stock options, which wrapped up last month with a $143 million charge to past earnings.

Last November, the company’s financial chief from 2001 to 2005, Brinkley Morse, resigned after declining to be interviewed in the company’s options probe.

Lambert, before being hired by Quest in late 2004, was CFO of Quantum Corp., a Bay area maker of tape drives and other storage devices.

Prior to Quantum, he was the senior vice president and CFO for NerveWire, a systems integration consulting firm.

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