---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-001722"
form_type: "8-K"
ticker: "LQDT"
cik: "0001235468"
company_name: "LIQUIDITY SERVICES INC"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T01:55:34.730276+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Liquidity Services board changes: Gross retires, Infante named Lead Independent Director, Fall appointed

## Summary
- Director Patrick W. Gross, serving since 2001, retires effective Feb 1, 2023 as part of succession plan.
- Beatriz V. Infante elected Lead Independent Director; she chairs Compensation Committee and serves on Audit Committee.
- Thierno 'Amath' Fall appointed to board and Audit Committee effective Feb 1, 2023; Fall is Operating Partner at The Sterling Group.
- Fall qualifies as independent and is designated audit committee financial expert; holds CPA and multiple certifications.

## SEC filing metadata
- accession: 0000950170-23-001722
- form_type: 8-K
- ticker: LQDT
- cik: 0001235468
- company_name: LIQUIDITY SERVICES INC
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235468/000095017023001722/0000950170-23-001722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235468/000095017023001722/lqdt-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-001722
- JSON: https://secwatch.observer/filing/0000950170-23-001722.json
- Plain text: https://secwatch.observer/filing/0000950170-23-001722.txt

## Key facts
- Executive change
  Thierno "Amath" Fall was appointed as Director at LIQUIDITY SERVICES INC.
  - Action: appointed
  - Role: Director
  source text: The Board also appointed Thierno "Amath" Fall, as a director of the Company and a member of the Audit Committee, effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235468/000095017023001722/0000950170-23-001722-index.htm
- Executive change
  Patrick W. Gross retired as Director and Lead Independent Director at LIQUIDITY SERVICES INC.
  - Action: retired
  - Role: Director and Lead Independent Director
  source text: Patrick W. Gross, a member of the Board of Directors (the “Board”) of Liquidity Services, Inc. (the “Company”), a member of the Audit Committee of the Board (the “Audit Committee”), the Corporate Governance and Nominating Committee of the Board, and the Company’s Lead Independent Director, notified the Company of his intention to retire effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235468/000095017023001722/0000950170-23-001722-index.htm
- Executive change
  Beatriz V. Infante was elected as Lead Independent Director at LIQUIDITY SERVICES INC.
  - Action: elected
  - Role: Lead Independent Director
  source text: Following the departure of Mr. Gross, the Company’s independent directors elected Beatriz V. Infante as the Lead Independent Director effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235468/000095017023001722/0000950170-23-001722-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.