A Closer Look at Liquidity Services, Inc.'s Executive Compensation and Recent Developments

Liquidity Services, Inc. (NASDAQ: LQDT), renowned for operating one of the world's largest B2B e-commerce marketplaces for surplus asset sales, has recently been in the spotlight for both its expansive business moves and its executive compensation structures. The company's financial success has allowed it to attract and retain top executive talent, as seen in the compensation packages of its key leaders.


In the fiscal year 2024, CEO William P. Angrick, III received a total compensation of $4,296,142. His salary was set at $460,000 with substantial stock awards amounting to $2,414,859 and option awards totaling $895,033. Additionally, Angrick's package included $510,600 from an incentive plan and $15,650 in other compensations. This total represents a slight decrease from his compensation in 2022, which was $4,340,496, despite a lower salary at that time of $420,000.1 These figures underscore the emphasis on performance-based incentives tied to stock and options, a common practice in aligning executives' interests with those of shareholders.

Comparatively, CFO Jorge A. Celaya's compensation in 2023 amounted to $1,519,082, which includes a salary of $404,175, stock awards of $627,512, and option awards of $248,602, among other benefits. Celaya's compensation reflected a significant rise compared to 2019, where his total compensation was $1,059,643.2 This upward trend highlights the increasing complexity and demands placed on C-suite executives as the company expands its operations and market share.

Liquidity Services' strategic movements continue to capture industry attention. The company recently announced a partnership with Biocom California, designed to help life science companies maximize asset value. By integrating into Biocom's savings portfolio, Liquidity Services aims to provide unique opportunities for recapturing capital through surplus equipment sales.3 Additionally, the firm's acquisition of Auction Software strengthens Liquidity Services' presence in the fragmented circular economy marketplace and bolsters its technology offerings.4 This acquisition is part of a broader strategy to expand their Software-as-a-Service (SaaS) capabilities, benefiting entrepreneurs and corporations alike.

The financial results for the first quarter of fiscal year 2025 further demonstrated Liquidity Services' strong market position, with a record gross merchandise volume (GMV) indicating continued market share expansion and improved operating leverage.5 As of early February 2025, Liquidity Services' stock price stood at $34.31, with a market capitalization of over $1 billion. Although experiencing a slight dip, the stock remains relatively strong, compared to its 52-week high of $39.72.6 This resilient performance is partially attributed to the company's ongoing initiatives in expanding its market reach and enhancing its technology infrastructure.

Liquidity Services' strategic partnerships and executive compensation structures collectively illustrate their commitment to maintaining leadership in the commercial asset liquidation industry. As the company continues to innovate and expand, its ability to effectively manage executive incentives aligns with its broader goals of growth and shareholder value enhancement.

:

1. SEC Filings for Liquidity Services, Inc. [2024](https://www.sec.gov/Archives/edgar/data/1235468/000095017025006741/0000950170-25-006741-index.htm), [2022](https://www.sec.gov/Archives/edgar/data/1235468/000095017023001082/0000950170-23-001082-index.htm).

2. SEC Filings for Liquidity Services, Inc. [2023](https://www.sec.gov/Archives/edgar/data/1235468/000095017024005768/0000950170-24-005768-index.htm), [2019](https://www.sec.gov/Archives/edgar/data/1235468/000110465922006897/0001104659-22-006897-index.htm).

3. GlobeNewswire. "Liquidity Services Announces New Partnership with Core by Biocom California to Help Life Science Companies Maximize the Value of Their Assets." [globenewswire.com](https://www.globenewswire.com/news-release/2025/02/10/3023439/0/en/Liquidity-Services-Announces-New-Partnership-with-Core-by-Biocom-California-to-Help-Life-Science-Companies-Maximize-the-Value-of-Their-Assets.html).

4. GlobeNewswire. "Liquidity Services Acquires Auction Software, a Leading Provider of Auction Software and Marketplace Technology." [globenewswire.com](https://www.globenewswire.com/news-release/2025/02/03/3019351/0/en/Liquidity-Services-Acquires-Auction-Software-a-leading-provider-of-auction-software-and-marketplace-technology.html).

5. GlobeNewswire. "Liquidity Services Announces First Quarter Fiscal Year 2025 Financial Results." [globenewswire.com](https://www.globenewswire.com/news-release/2025/02/06/3021867/0/en/Liquidity-Services-Announces-First-Quarter-Fiscal-Year-2025-Financial-Results.html).

6. Stock Price Data for Liquidity Services, Inc. (LQDT), February 2025.