Press Releases
Dec 01

Liquidity Services Announces Appointment of Jorge Celaya as Chief Financial Officer

WASHINGTON–(BUSINESS WIRE)–Jul. 23, 2015–
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 the appointment of Jorge Celaya as
Executive Vice President and Chief Financial Officer (CFO), effective
August 10, 2015. Mr. Celaya will serve as a member of the Company’s
executive leadership team.

Mr. Celaya brings to Liquidity Services over 25 years of capital
markets, financial accounting, operations and strategic transformation
experience for global publicly held companies across diverse industries.
Mr. Celaya will succeed Jim Rallo who will focus solely on his
previously announced role as President of Liquidity Services’ Retail
Supply Chain Group. Together, these changes add further focus and
leadership depth to the ongoing transformation and growth initiatives of
Liquidity Services.

Prior to joining the Company, Mr. Celaya was co-founder of Avanz
Capital, an independent investment firm focused on private equity
investing in emerging markets. From July 2007 to March 2010, Mr. Celaya
was Executive Vice President and Chief Financial Officer of FTI
Consulting, a global provider of business restructuring, financial
consulting, and e-discovery software and services. From October 2003 to
February 2007, Mr. Celaya served as Executive Vice President and Chief
Financial Officer of Sitel Corporation, a global provider of business
process outsourcing services. From 1990 to October 2003, Mr. Celaya held
various U.S. and international positions at Schlumberger across a
variety of industry sectors, including energy and technology. Mr. Celaya
holds a Bachelor of Arts and a Masters in Business degree from the
University of Texas at Austin.

“We are delighted to welcome Jorge to our executive team and thank Jim
for his many years of prior CFO service. Jorge’s background will be
invaluable as we execute our LiquidityOne Transformation program and
other strategic initiatives to drive profitable growth across our
business,” said Bill Angrick, Chairman and CEO of Liquidity Services.

“It is exciting to join Liquidity Services during this phase of its
development. It is a great opportunity to leverage my experience in
driving improved profitability and financial strength to facilitate long
term business objectives,” said Mr. Celaya.

About Liquidity Services

Liquidity Services is a global solution provider in the reverse supply
chain with the world’s largest marketplace for business surplus. We
partner with global Fortune 1000 corporations, middle market companies,
and government agencies to intelligently transform surplus assets and
inventory from a burden into a liquid opportunity that fuels the
achievement of strategic goals. Our superior service, unmatched scale,
and ability to deliver results enable us to forge trusted, long-term
relationships with over 7,000 clients worldwide. With approximately $1
billion in annual sales proceeds, and nearly 3 million buyers in almost
200 countries and territories, we are the proven leader in delivering
smart surplus solutions. Let us build a better future for your surplus.
Visit us at LiquidityServices.com.

Source: Liquidity Services

Liquidity Services
Media Contact
Jeanette Hanfling
Director
of Public Relations
202-467-5723
[email protected]
or
Investor
Contact

Julie Davis
Senior Director, Investor Relations
202-558-6234
[email protected]