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SHUTTERSTOCK APPOINTS SEJAL AMIN AS CHIEF TECHNOLOGY OFFICER

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Shutterstock (NYSE: SSTK) announced the appointment of Sejal Amin as the new Chief Technology Officer (CTO), effective September 12, 2022. With over 20 years of experience, Sejal is expected to lead the digital transformation of Shutterstock's technology platform, enhancing customer and contributor experiences. CEO Paul Hennessy expressed confidence in her leadership skills, emphasizing the company’s shift towards becoming a full-service creative platform. Sejal previously held senior technology roles at Khoros and Thomson Reuters.

Positive
  • Appointment of Sejal Amin brings over 20 years of technology leadership experience.
  • Expected to enhance Shutterstock's technology platform and customer experience.
  • Strengthened diversity in leadership with three women on the Executive Committee.
Negative
  • Concerns about continuity due to management change.

NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform for transformative brands and media companies, today announced that Sejal Amin is joining the Company's leadership team and Executive Committee as Chief Technology Officer (CTO), effective September 12, 2022.

With more than 20 years of global leadership, product and technology experience, Sejal will deliver a technology vision and strategy that transforms Shutterstock's technology platform to deliver a new and unparalleled experience to customers and contributors.

"I am thrilled to welcome Sejal to Shutterstock, as we continue our digital transformation to a full-service creative platform that democratizes creativity, pushes creative boundaries, and provides unparalleled experiences for our customers and contributors around the world," said Paul Hennessy, Chief Executive Officer at Shutterstock. "Sejal is a well-respected and revered leader with a proven track record of growth and innovation, and I am confident that she will be successful in leading Shutterstock's technology platform into its next disruptive phase."

"Shutterstock is a company that has transformed immensely from its inception almost 20 years ago, and I am honored to be the next Chief Technology Officer," said Sejal Amin. "The innovation the Company has achieved – from world class workflow applications to industry-leading proprietary technology – is tremendous, and I look forward to expanding upon the Company's vision, harnessing the potential of Shutterstock's diversified offering as we celebrate a new era for Shutterstock."

Recently, she was Chief Product and Technology Officer for Khoros, a Vista Portfolio company where she was integrating a distributed Product and Technology organization while defining a Product and Operational strategy to execute on the company's vision and growth goals. Just prior to that, she was CTO for the Thomson Reuters Tax and Accounting Tax Professionals Business. She has a wide range of technology leadership experience across several business units at Thomson Reuters managing global product development teams and portfolios of growing size and complexity for 15+ years.

With Sejal's appointment to CTO, Shutterstock now has three women on the Executive Committee, and two women leading the product development strategy, including Chief Product Officer, Meghan Schoen.

About Shutterstock, Inc.
Shutterstock, Inc. (NYSE: SSTK), is a leading global creative platform for transformative brands and media companies. Directly and through its group subsidiaries, Shutterstock's comprehensive collection includes high-quality licensed photographs, vectors, illustrations, 3D models, videos and music. Working with its growing community of over 2 million contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 415 million images and more than 26 million video clips available.

Headquartered in New York City, Shutterstock has offices around the world and customers in more than 150 countries. The Company also owns Splash News, the world's leading entertainment news agency for newsrooms and media companies worldwide, Pond5, the world's largest video marketplace, TurboSquid, the world's largest 3D content marketplace; PicMonkey, a leading online graphic design and image editing platform; Offset, a high-end image collection; Shutterstock Studios, an end-to-end custom creative shop; PremiumBeat, a curated royalty-free music library; Shutterstock Editorial, a premier source of editorial images and videos for the world's media; Amper Music, an AI-driven music platform; and Bigstock, a value-oriented stock media offering.

For more information, please visit www.shutterstock.com and follow Shutterstock on Twitter and on Facebook.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shutterstock-appoints-sejal-amin-as-chief-technology-officer-301621582.html

SOURCE Shutterstock, Inc.

FAQ

Who is the new Chief Technology Officer of Shutterstock?

Sejal Amin has been appointed as the new Chief Technology Officer (CTO) of Shutterstock.

What experience does Sejal Amin bring to Shutterstock?

Sejal Amin brings over 20 years of global leadership experience in technology, having previously held significant roles at Khoros and Thomson Reuters.

When did Sejal Amin start her role as CTO at Shutterstock?

Sejal Amin started her role as Chief Technology Officer on September 12, 2022.

What are the expectations for Sejal Amin's role at Shutterstock?

Sejal Amin is expected to lead the digital transformation of Shutterstock's technology platform and improve customer and contributor experiences.

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