---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-088178"
form_type: "8-K"
ticker: "LQDT"
cik: "0001235468"
company_name: "LIQUIDITY SERVICES INC"
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T00:56:55.869677+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Liquidity Services appoints Shutterstock CEO Paul J. Hennessy to board

## Summary
- Paul J. Hennessy appointed to board effective Oct 1, 2025; also joins Governance and Audit Committees.
- Hennessy is CEO of Shutterstock (NYSE: SSTK) since July 2022; previously CEO of Vroom and Priceline.com.
- Board expands from seven to eight directors, filling vacancy created by the expansion.
- Hennessy will be compensated under standard non-employee director policies, including equity and cash retainers.
- No transactions requiring disclosure, no family relationships; standard indemnification agreement signed.

## SEC filing metadata
- accession: 0000950170-25-088178
- form_type: 8-K
- ticker: LQDT
- cik: 0001235468
- company_name: LIQUIDITY SERVICES INC
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235468/000095017025088178/0000950170-25-088178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235468/000095017025088178/lqdt-20250616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-088178
- JSON: https://secwatch.observer/filing/0000950170-25-088178.json
- Plain text: https://secwatch.observer/filing/0000950170-25-088178.txt

## Key facts
- Executive change
  Paul J. Hennessy was appointed as Director at LIQUIDITY SERVICES INC.
  - Action: appointed
  - Role: Director
  source text: appointed Paul J. Hennessy, as a director of the Company and a member of the Corporate Governance and Nominating Committee (the “Governance Committee”) and the Audit Committee of the Board, effective October 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235468/000095017025088178/0000950170-25-088178-index.htm

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