Liquidity Services (NASDAQ: LQDT) appoints new Chief HR Officer
Rhea-AI Filing Summary
Liquidity Services, Inc. announced a leadership transition in its human resources function. Effective July 6, 2026, Karen Fascenda has been appointed Chief Human Resources Officer, succeeding Novelette Murray, who is retiring from the same role after a long tenure with the company.
The company highlights Ms. Fascenda’s more than 20 years of experience at Udemy, GoPuff, Comcast, and eBay, and notes that she will report directly to Chairman and CEO Bill Angrick. Liquidity Services operates a global B2B e-commerce marketplace for surplus assets with over $15 billion in completed transactions, serving more than six million buyers and 15,000 sellers worldwide.
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8-K Event Classification
Key Figures
Key Terms
Chief Human Resources Officer financial
circular economy other
B2B e-commerce marketplace platform financial
surplus assets financial
talent acquisition financial
FAQ
What executive leadership change did Liquidity Services (LQDT) announce?
Who is Karen Fascenda, the new CHRO of Liquidity Services (LQDT)?
When will the Liquidity Services (LQDT) CHRO transition take effect?
To whom will Liquidity Services’ new CHRO report?
How large is Liquidity Services’ e-commerce marketplace business?
What role did outgoing CHRO Novelette Murray play at Liquidity Services?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Matters
On July 6, 2026, Liquidity Services, Inc. (the “Company”) issued a press release announcing the retirement of Novelette Murray, the Company’s Chief Human Resources Officer, and the appointment of Karen Fascenda as her successor, each to be effective as of July 6, 2026. A copy of the press release is being furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
The information in this Current Report on Form 8-K, including the exhibits attached hereto, shall be considered "furnished" pursuant to Item 8.01 of Form 8-K and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, nor shall it be deemed incorporated by reference into any of the Company's reports or filings with Securities and Exchange Commission, whether made before or after the date thereof, except as expressly set forth by specific reference in such report or filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release dated July 6, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: July 7, 2026 |
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/s/ Mark A. Shaffer |
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Mark A. Shaffer |
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Exhibit 99.1
Liquidity Services Announces Appointment of New Chief Human Resources Officer
BETHESDA, Md., July 06, 2026 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), the leading global provider of e-commerce marketplaces and software solutions powering the circular economy, today announced the appointment of Karen Fascenda as its new Chief Human Resources Officer (CHRO), effective July 6, 2026. Fascenda succeeds Novelette Murray who will retire from the same role effective July 6, 2026, following a distinguished tenure leading the Company’s global human resources function.
Karen Fascenda joins Liquidity Services as CHRO, bringing more than 20 years of experience in human capital strategies supporting high growth e-commerce, technology and business services enterprises. Prior to joining Liquidity Services, Ms. Fascenda previously served as Chief People Officer at Udemy, a US-based education technology company, from January 2023 to May 2026. Before joining Udemy, Ms. Fascenda served as Vice President, People, at GoPuff, a consumer goods and food delivery company, from June 2020 to January 2023. Ms. Fascenda previously spent more than four years at Comcast, a telecommunications conglomerate, where she held multiple positions, including Vice President, Human Resources, from January 2018 to June 2020. Before that, Ms. Fascenda held various positions at eBay, Inc. from June 2006 to January 2016. Ms. Fascenda received a B.S. in liberal arts from West Chester University and an M.S. in organizational dynamics from the University of Pennsylvania.
“We are delighted to welcome Karen to Liquidity Services,” said Bill Angrick, Chairman and CEO. “She brings a wealth of experience and a strong track record of aligning talent strategies with business growth, and we look forward to her leadership as we continue to drive a better future for organizations, individuals, and the planet by using our marketplace platform to unleash opportunity for sellers and buyers.”
“I am excited to join Liquidity Services at such an important time in its growth journey,” said Ms. Fascenda. “The Company is a proven market leader with tremendous growth prospects and I look forward to working with the leadership team to build on the Company’s strong foundation to achieve its ambitions by attracting, retaining, developing and motivating the talented employees that drive Liquidity Services’ success.”
Fascenda will report directly to Angrick and succeeds Ms. Murray who departs the Company after 16 years of service. Murray served as CHRO since 2020 after previously serving the Company in various roles including Vice President, HR Operations since 2010. During her CHRO tenure she led all aspects of human resources strategy, including talent acquisition, leadership development, succession planning and global workforce initiatives aligned with the Company’s business priorities.
“On behalf of the Board of Directors and the entire Liquidity Services team, I want to thank Novelette for her dedicated service to Liquidity Services and her exceptional leadership of our global HR function,” said Angrick. “Her commitment to building a strong global team and fostering a culture that makes Liquidity Services a rewarding place to work has been instrumental to our success.”
“It has been an honor to serve Liquidity Services and work alongside such a talented group of colleagues,” said Murray. “I am proud of what we have accomplished and confident the Company is well-positioned for continued success.”
About Liquidity Services
Liquidity Services (NASDAQ:LQDT) operates the world's largest B2B e-commerce marketplace platform for surplus assets with over $15 billion in completed transactions to more than six million qualified buyers and 15,000 corporate and government sellers worldwide. The company supports its clients' sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills.