Shutterstock CEO Hennessy steps down; CFO Powell named Interim CEO; strategic advisor engaged

Shutterstock, Inc.

Paul Hennessy stepped down as CEO and Board member effective July 12, 2026; will remain in advisory role through Aug 7, 2026.
CFO Rik Powell appointed Interim CEO, continuing as CFO; receives $75k/month additional cash and $450k RSU grant.
Board plans to engage strategic advisor to formulate go-forward strategy after termination of merger agreement with Getty Images.
Q2 2026 earnings call scheduled for August 6, 2026.

item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

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Departed

Paul J. Hennessy

Chief Executive Officer

SSTK · Shutterstock, Inc.

Effective: 2026-07-12
Successor: Rik Powell
Filed: July 13, 2026, 5:09 PM ET

On July 12, 2026, Paul J. Hennessy notified the Board of Directors (the “Board”) of Shutterstock, Inc. (the “Company”) of his decision to step down as the Company’s Chief Executive Officer and as a member of the Board, effective immediately.

Appointed (interim)

Rik Powell

Interim Chief Executive Officer

SSTK · Shutterstock, Inc.

Effective: 2026-07-12
Filed: July 13, 2026, 5:09 PM ET

The Board appointed Rik Powell, the Company’s Chief Financial Officer, to serve as Interim Chief Executive Officer, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul J. Hennessy departed as Chief Executive Officer at Shutterstock, Inc..

Action: stepped down
Role: Chief Executive Officer

Exact text from the filing

On July 12, 2026, Paul J. Hennessy notified the Board of Directors (the “Board”) of Shutterstock, Inc. (the “Company”) of his decision to step down as the Company’s Chief Executive Officer and as a member of the Board, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rik Powell was appointed as Interim Chief Executive Officer at Shutterstock, Inc..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

The Board appointed Rik Powell, the Company’s Chief Financial Officer, to serve as Interim Chief Executive Officer, effective immediately.

View on SEC.gov

Shutterstock, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-26-028338

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