Liquidity Services Inc. Honors the Legacy of Long-Serving Director George H. Ellis
1. A Heartfelt Loss
On February 25, 2026, Liquidity Services, Inc. (NASDAQ: LQDT) announced the passing of George H. Ellis, a revered member of its Board of Directors since May 2010. His death marks a significant loss for the company, which has greatly benefited from his extensive expertise and dedicated service over the years.
2. A Distinguished Career
George H. Ellis served as a crucial figure within the Liquidity Services governance framework, contributing significantly as a member of both the Audit and Corporate Governance and Nominating Committees. His retirement in February 2026 followed a long and impactful career, during which he played an instrumental role in guiding the company’s strategic direction and reinforcing its commitment to integrity and transparency.
Bill Angrick, Chairman and CEO of Liquidity Services, expressed profound sorrow at the loss of Ellis. "George was a dedicated steward of our company’s mission, a trusted advisor, friend, and mentor to our leadership team," Angrick remarked. He highlighted Ellis's business acumen, particularly during his tenure as Audit Committee Chair, which was vital to the company's strategic growth.
3. Contributions to the Circular Economy
Ellis's leadership and experience were significant in shaping Liquidity Services into a global leader in the circular economy. His background as CFO of Sterling Software and Sterling Commerce endowed him with a wealth of knowledge that he leveraged to benefit the company and its stakeholders.
Beatriz Infante, the lead independent director of the Board, also shared her condolences, stating, "We are deeply saddened by this loss and offer our sincerest condolences to the Ellis family. George's mentorship and invaluable contributions will be greatly missed by the entire Board and management team."
4. About Liquidity Services, Inc.
Liquidity Services operates the world’s largest B2B e-commerce marketplace platform for surplus assets, boasting over $15 billion in completed transactions involving more than six million qualified buyers and 15,000 corporate and government sellers worldwide. The company's mission extends beyond mere commerce; it actively supports sustainability efforts, assisting clients in extending the life of their assets, reducing waste, and minimizing carbon emissions, ultimately decreasing the number of products sent to landfills.
As the company mourns the loss of George H. Ellis, it also reflects on the profound impact he had on its journey and the legacy he leaves behind in the realm of governance and corporate responsibility.
