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Shutterstock Appoints Jon Oringer as CEO

Shutterstock announced that Jon Oringer, the company's founder and Chairman of the Board, has been appointed Chief Executive Officer. Hichame Assi, currently Chief Executive Officer of Envato, a division of Shutterstock, has been appointed President and Chief Operating Officer. Both appointments became effective October 28. Oringer, who founded Shutterstock in 2003 and served as CEO until 2020, will continue as Chairman of the Board. As CEO, he will focus on the Company's long-term strategy, strategic investments, and future opportunities. As President and COO, Assi will lead the Company's day-to-day business, with responsibility for strengthening operational performance, driving execution, and leading the transformation needed to position Shutterstock for sustainable growth. "Shutterstock has an incredible foundation, with a globally recognized brand and valuable strategic assets," said Jon Oringer, Chairman and CEO of Shutterstock. "AI is fundamentally reshaping the creative industry, and the pace of change is accelerating. I see tremendous opportunity to build on our strengths, evolve our business, and deliver more value to customers and contributors. Hichame brings deep experience scaling global digital businesses and a strong understanding of our industry and customers. I'm excited to partner with him as we lead Shutterstock into its next era of innovation and growth." Assi has served as CEO of Envato since 2020, prior to its acquisition by Shutterstock in 2024.

Shutterstock Appoints Three New Directors

Shutterstock announced the appointment of Timothy Adams, Matthew Salzberg, and Michael Thompson to its Board of Directors. The appointments add three accomplished executives and investors with deep experience across technology and emerging markets, investment and capital allocation, building and scaling businesses, and public-company finance and governance. Their collective expertise further strengthens the Board as Shutterstock remains focused on creating long-term value for the Company and its shareholders. Timothy Adams is a seasoned financial executive and board director with more than 20 years of leadership experience across public and private technology companies. He currently serves as CFO of Validity and previously served as CFO of Rapid7 and BitSight Technologies. Matthew Salzberg is a CEO, investor, and founder with extensive experience building, scaling, and transforming technology-enabled businesses. He is co-founder and Chairman of Unlimited, an alternative investment manager, and co-founder of Embark Veterinary and Coldcart. Salzberg founded Blue Apron in 2011 and served as CEO for its first six years. Michael Thompson has served as Managing Partner of Reinvent Capital, a private investment fund focused on technology companies, since 2017. Previously, he founded and served as Managing Partner of BHR Capital, a New York-based hedge fund. Thompson has invested in and advised numerous innovative technology companies throughout his career, with particular experience across aerospace, advanced energy, emerging technologies, and AI applications in the physical world.

Shutterstock Launches Connector in Claude

Shutterstock announced the launch of its connector in Anthropic's Claude. The connector allows users to access Shutterstock's high-quality, licensable content directly within Claude, the company noted. "Customers are increasingly using AI-native tools concurrently with their traditional creative tools, but these systems are still largely disconnected, and not solving for the commercial-ready outcomes our customers need. We're breaking down that divide so customers can strategize, ideate, create, iterate, license, and finalize work with less toggling, more control, and greater confidence. For us, it's about meeting our Shutterstock customers where they are," said Paul Teall, Vice President, Marketplace Strategy at Shutterstock.