Industry Veteran Brings Extensive Experience in the Reverse Supply Chain to Industry Group

WASHINGTON–(Via BUSINESS WIRE)–Sep. 12, 2017– Liquidity Services (NASDAQ: LQDT), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, is pleased to announce that Jim Rallo, president of its Retail Supply Chain Group, has been named to the Reverse Logistics Association’s (RLA) Board of Advisors. In this role, Rallo will utilize his in-depth experience in e-commerce and the reverse supply chain to provide advice and counsel on how to build the association and support third party relationships with OEM/ODM, branded and retail companies.

“We are proud to have one of our longtime members join the RLA Advisory Board position to help give direction and approval for reverse logistics and returns industry initiatives,” said Tony Sciarrotta, executive director of RLA.

Since joining Liquidity Services, Rallo has been instrumental in growing and shaping the company’s e-commerce marketplace and service offerings for the retail supply chain. Today, more than half of the top 20 retailers and manufacturers partner with Liquidity Services to ensure that their returned and surplus merchandise in more than 500 product categories obtains the highest recovery rate possible. This helps them reduce their costs and enhance brand protection while giving business buyers access to top quality inventory they can resell on the secondary market.

“I am honored to join the Reverse Logistics Association’s Board of Advisors,” said Rallo. “I look forward to working with my counterparts and everyone at the Association to help them further their goals to offer information, research, solutions and services to reverse logistics professionals worldwide.”

About Jim Rallo

Jim Accepting His CFO of the Year Award

Prior to Liquidity Services, Mr. Rallo served as Chief Financial Officer and Treasurer of Sleep Services of America. Here, he supervised 250 employees across 8 locations while designing, implementing and monitoring the company’s accounting, administrative and human resource policies and procedures.

Mr. Rallo served as Vice President of Deutsche Banc/Alex. Brown, Health Care Group before Sleep Services of America. Prior to that, he was an Audit Supervisor for Grant Thronton, and before, he was an Audit Senior for Deloitte and Touche.

Mr. Rallo holds an MBA from the Smith School of Business at the University of Maryland. He holds a BS from Washington and Lee University in Business Administration and Accounting. He is a Certified Public Accountant (CPA) and serves as a founding member on the University of Virginia’s Darden School of Business Strategic CFO Roundtable.

He was recognized as CFO of the Year the Tech Council of Maryland in 2013 and by the Northern Virginia Technology Council with the Public Company CFO of the Year Award for Outstanding Achievement in 2009.

Mr. Rallo is currently an Advisory Board Member for the Williams School at Washington and Lee University. He is an Advisory Board Member for Reverse Logistics Association. He is also an avid volunteer with Habitat for Humanity and Catch-A-Lift Foundation which supports wounded veterans.

To learn more about Jim visit his Spotlight HERE

About Reverse Logistics Association

The Reverse Logistics Association is a members’ driven, global trade association for the returns and reverse industry, offering information, research, solutions and services for Manufacturers, Branded, and Retail companies from Third Party Providers. Their goals are to educate and inform Reverse Logistics professionals around the world, and be the voice of the reverse industry.

Reverse Logistics Association’s (RLA) Board of Advisors (BOA) is composed of up to 15 industry professionals with distinct functional expertise. RLA receives advice and council from the BOA collectively and taps their broad background of experience in the Supply Chain Aftermarket. All the members are veterans of the reverse logistics industry or event management and have a working relationship with RLA & Reverse Logistics Trade Shows (RLTS). The BOA are active participants in building the association, supporting third party relationships with OEM/ODM, Branded and Retail companies, and all have a professional interest in the association business objectives.

To learn more about the Reverse Logistics Association visit their website HERE.


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