Liquidity Services, Inc. (LQDT)

17.42 +0.19 (+1.10%) At close: 04:00PM EDT

Liquidity Services, Inc.

6931 Arlington Road
Suite 200
Bethesda, MD 20814
United States
202 467 6868
https://liquidityservices.com

Sector(s): Consumer Cyclical
Industry: Internet Retail
Full-time employees: 716

Key executives

Name	Title	Pay	Exercised	Year born
Mr. William P. Angrick III	Co-founder, Chairman of the Board of Directors & CEO	905.04k	793.86k	1968
Mr. Jorge A. Celaya	Executive VP & CFO	642.97k	N/A	1966
Mr. Steven J. Weiskircher	SVP & CTO	524.42k	244.6k	1975
Mr. Mark A. Shaffer	Chief Legal Officer & Corporate Secretary	490.37k	N/A	1974
Mr. John P. Daunt	Executive VP & Chief Commercial Officer	611.87k	805.65k	1966
Mr. Anthony D. Long	Vice President of Marketing	N/A	N/A	N/A
Ms. Novelette E. Murray	Chief Human Resources Officer	N/A	N/A	1966

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Liquidity Services, Inc. provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination. The company also offers a suite of services, including surplus management, asset valuation, asset sales, marketing, returns management, asset recovery, and ecommerce services. In addition, it operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, and agriculture sectors. The company offers products from industry verticals, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, real estate, energy equipment, industrial capital assets, heavy equipment, fleet and transportation equipment, and specialty equipment. The company was incorporated in 1999 and is headquartered in Bethesda, Maryland.

Corporate governance

Liquidity Services, Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 3; Board: 5; Shareholder rights: 8; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.