Liquidity Services Appoints Paul J. Hennessy to its Board of Directors

Core Insights - Liquidity Services has appointed Paul J. Hennessy to its board of directors effective October 1, 2025, where he will also serve on the Corporate Governance and Nominating Committee and the Audit Committee [1][2] Company Overview - Liquidity Services operates the world's largest B2B e-commerce marketplace platform for surplus assets, having completed over $10 billion in transactions to more than five million qualified buyers and 15,000 corporate and government sellers globally [3] Leadership Experience - Paul J. Hennessy brings over 30 years of leadership experience in technology-enabled marketplaces, having served as CEO of Shutterstock, Inc. since July 2022, and previously held CEO positions at Vroom, Inc. and Priceline.com [2][3] - Hennessy's background includes significant roles in marketing and distribution at Booking.com and Priceline.com, showcasing his expertise in growing innovative marketplace businesses [2] Strategic Focus - Hennessy expressed his commitment to advancing Liquidity Services' strategic priorities and contributing to its success in the circular economy [3] - The company aims to enhance its market presence and service offerings while pursuing emerging opportunities for long-term growth [2]