Form 8-K - Current report
08 Gennaio 2025 - 2:24PM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM | 8-K |
CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
Date of Report (Date of earliest event reported): | January 8, 2025 |
Shutterstock, Inc. |
(Exact name of registrant as specified in its charter) |
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Delaware | | 001-35669 | | 80-0812659 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
350 Fifth Avenue, 20th Floor
New York, NY 10118
(Address of principal executive offices, including zip code)
(646) 710-3417
(Registrant’s telephone number, including area code)
Not applicable
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Securities registered pursuant to Section 12(b) of the Act: |
Class | Trading symbol | Name of each exchange on which registered |
Common Stock, $0.01 par value per share | SSTK | New York Stock Exchange |
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| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
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☐ | Emerging growth company |
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☐
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
On January 8, 2025, Shutterstock, Inc. (the “Company”) announced the appointment of Matt Furlong as the Company’s Chief Marketplace Officer, effective January 13, 2025. Mr. Furlong, 46, previously served as the CEO of GameStop for two years, where he was focused on strengthening the customer experience while driving business transformation. Prior to GameStop, he led numerous multi-billion dollar businesses at Amazon, culminating in his role as the Country Manager for Amazon Australia. Mr, Furlong began his career at Procter & Gamble, where he worked for 12 years before joining Amazon.
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Item 7.01 | Regulation FD Disclosure. |
A copy of the press release announcing Mr. Furlong’s appointment is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
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Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
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Exhibit No. | | Exhibit Description |
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99.1 | | |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| SHUTTERSTOCK, INC. |
| |
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Dated: January 8, 2025 | By: | /s/ Paul Hennessy |
| | Name: Paul Hennessy |
| | Title: Chief Executive Officer |
Shutterstock Appoints Matt Furlong as Chief Marketplace Officer
Former Gamestop executive to join leadership team as head of Marketplace division
NEW YORK, January 8, 2025 -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that Matt Furlong will be joining Shutterstock to lead the company’s Marketplace division as Chief Marketplace Officer on Monday, January 13.
In this position and as part of the Shutterstock executive leadership team, Matt will have a key role in shaping the overall strategy, operations and growth of the Marketplace division, which houses the company’s individual user products and solutions across various ecommerce platforms.
“Matt’s extensive leadership experience and deep operational expertise will be a valuable asset to Shutterstock,” said Paul Hennessy, Chief Executive Officer of Shutterstock. “We’re confident in his ability to drive the focus and growth needed to better serve our Marketplace customers while helping to achieve our overall business strategy.”
Matt will also be responsible for ensuring alignment with business goals across Shutterstock’s creative content brands, including PremiumBeat, Pond5 and TurboSquid. In addition, he will oversee the company’s Global Customer Success team.
“I’m thrilled to join Shutterstock at such an exciting time in their transformation as a premier visual content company dedicated to empowering creatives,” said Furlong. “I’ve built my career innovating for customers while building leadership brands, and look forward to doing the same for the Shutterstock Marketplace division.”
Previously, Matt served as the CEO of GameStop for two years, where he was focused on strengthening the customer experience while driving business transformation. Prior to Gamestop, he led numerous multi-billion dollar businesses at Amazon, culminating in his role as the Country Manager for Amazon Australia. Matt began his career at P&G, where he worked for 12 years before joining Amazon.
About Shutterstock, Inc.
Shutterstock, Inc. (NYSE: SSTK) is a premier partner for transformative brands, digital media and marketing companies, empowering the world to create with confidence. Fueled by millions of creators around the world and a fearless approach to product innovation, Shutterstock is the leading global platform for licensing from the most extensive and diverse collection of high-quality 3D models, videos, music, photographs, vectors and illustrations. From the world's largest content marketplace, to breaking news and A-list entertainment editorial access, to all-in-one content editing platform and studio production service—all using the latest in innovative technology—Shutterstock offers the most comprehensive selection of resources to bring storytelling to life.
Learn more at www.shutterstock.com and follow us on LinkedIn, Instagram, Twitter, Facebook and YouTube.
# # #
Press Contact
Lori Rodney
press@shutterstock.com
917-563-4991
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