Industry Veteran Brings Extensive Experience in the Reverse Supply
Chain to Industry Group
WASHINGTON–(BUSINESS WIRE)–Sep. 12, 2017–
Liquidity
Services (NASDAQ: LQDT), a global solution provider in the reverse
supply chain with the world’s largest marketplace for business surplus,
is pleased to announce that Jim Rallo, president of its Retail Supply
Chain Group, has been named to the Reverse
Logistics Association’s (RLA) Board of Advisors. In this role, Rallo
will utilize his in-depth experience in e-commerce and the reverse
supply chain to provide advice and counsel on how to build the
association and support third party relationships with OEM/ODM, branded
and retail companies.
“We are proud to have one of our longtime members join the RLA Advisory
Board position to help give direction and approval for reverse logistics
and returns industry initiatives,” said Tony Sciarrotta, executive
director of RLA.
Since joining Liquidity Services, Rallo has been instrumental in growing
and shaping the company’s e-commerce marketplace and service offerings
for the retail supply chain. Today, more than half of the top 20
retailers and manufacturers partner with Liquidity Services to ensure
that their returned and surplus merchandise in more than 500 product
categories obtains the highest recovery rate possible. This helps them
reduce their costs and enhance brand protection while giving business
buyers access to top quality inventory they can resell on the secondary
market.
In addition to his role as president of the Retail Supply Chain Group,
Rallo also served as chief financial officer for Liquidity Services.
Prior to that, he was chief financial officer and treasurer for Sleep
Services of America, Inc. and vice president of Deutsche Bank Alex
Brown’s Healthcare Investment Banking Group. Rallo has been recognized
with top honors from the Tech Council of Maryland as CFO of the Year and
by the Northern Virginia Technology Council with the Public Company CFO
of the Year Award for Outstanding Achievement. He also serves as a
founding member of the University of Virginia’s Darden School of
Business Strategic CFO Roundtable.
“I am honored to join the Reverse Logistics Association’s Board of
Advisors,” said Rallo. “I look forward to working with my counterparts
and everyone at the Association to help them further their goals to
offer information, research, solutions and services to reverse logistics
professionals worldwide.”
About Liquidity Services
Liquidity Services (NASDAQ: LQDT) employs innovative e-commerce
marketplace solutions to manage, value and sell inventory and equipment
for business and government clients. The company operates a network of
leading e-commerce marketplaces that enable buyers and sellers to
transact in an efficient, automated environment offering over 500
product categories. Our superior service, unmatched scale and ability to
deliver results enable us to forge trusted, long-term relationships with
over 10,000 clients worldwide. With nearly $7 billion in completed
transactions, and 3 million buyers in almost 200 countries and
territories, we are the proven leader in delivering smart commerce
solutions. Visit us at LiquidityServices.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170912005336/en/
Source: Liquidity Services
Liquidity Services
Jeanette Hanfling, Director of Public Relations
202-467-5723
[email protected]
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