Outstanding Directors 2014: Phil Clough (Liquidity Services Inc.)

Phil Clough has served as a director of Liquidity Services Inc., which resells surplus goods and returned merchandise for the government and large retailers, since September 2004. Under Clough’s guidance, Liquidity Services has experienced tremendous growth, growing its revenue from approximately $150 million when it went public in 2006 to more than $500 million in 2013. “Phillip’s financial expertise has, without a doubt, been instrumental in this growth,” says Jose Hernandez, executive director of J.P. Morgan, who nominated Clough.