Liquidity Services Mourns the Loss of Long-Serving Director George H. Ellis
Liquidity Services (NASDAQ: LQDT) announced the passing of long-serving director George H. Ellis, who served on the Board from May 2010 until his retirement in February 2026.
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Rhea-AI Summary
Liquidity Services (NASDAQ: LQDT) announced the passing of long-serving director George H. Ellis, who served on the Board from May 2010 until his retirement in February 2026. Mr. Ellis chaired the Audit Committee and served on the Corporate Governance and Nominating Committees.
The company highlighted his decades of experience, including prior roles as CFO of Sterling Software and Sterling Commerce, and offered condolences to his family while noting his mentorship and contributions to the firm's governance and strategic growth.
Details
News Market Reaction – LQDT
On Feb 25, the day this news came out, LQDT closed 1.83% above the previous close.
Data tracked by StockTitan Argus for the Feb 25 session.
Key Figures
- Board service start
- May 2010
- George H. Ellis joined Board of Directors
- Retirement date
- February 2026
- Ellis retired from Board committees
Historical Context
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Reported Q1 FY2026 results with higher GAAP income and EBITDA growth.
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Announced timing and access details for upcoming Q1 FY2026 earnings call.
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Reported strong Q4 and full-year FY2025 growth with higher revenue and EBITDA.
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Launched Machinio service management tools expanding platform capabilities.
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Scheduled Q4 FY2025 earnings release and investor conference call details.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
audit committee financial
corporate governance and nominating committees regulatory
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BETHESDA, Md., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT) today announced with deep sadness the passing of George H. Ellis, who served as a distinguished member of its Board of Directors since May 2010. Mr. Ellis was a vital contributor to the company’s governance, serving on the Audit and Corporate Governance and Nominating Committees until his retirement in February 2026.
"George was a dedicated steward of our company’s mission, a trusted advisor, friend and mentor to our leadership team," said Bill Angrick, Chairman and CEO of Liquidity Services. "His business acumen, particularly during his long tenure as Audit Committee Chair, helped guide our strategic growth and reinforce our commitment to integrity and transparency."
Mr. Ellis brought decades of experience to the Board, including his tenure as CFO of Sterling Software and Sterling Commerce. His leadership helped shape Liquidity Services into a global leader in the circular economy.
"We are deeply saddened by this loss and offer our sincerest condolences to the Ellis family," added Beatriz Infante, lead independent director of the Board. "George's mentorship and invaluable contributions will be greatly missed by the entire Board and management team."
About Liquidity Services, Inc.
Liquidity Services (NASDAQ: LQDT) operates the world's largest B2B e-commerce marketplace platform for surplus assets with over
Contact:
Liquidity Services, Inc.
Investor Relations
202-467-6868
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