Shutterstock appoints three new board directors with financial and tech expertise
The appointments strengthen governance. Timothy Adams, Matthew Salzberg, and Michael Thompson join the board on September 8, 2026.
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In short: Shutterstock reported a $155.9 million loss in Q2 2026, terminated its Getty Images merger, and underwent a leadership transition.
The appointments strengthen governance. Timothy Adams, Matthew Salzberg, and Michael Thompson join the board on September 8, 2026.
Net loss was $155.9 million after a $173.7 million goodwill impairment, and management withdrew guidance after terminating the Getty Images merger.
Two plans, Unlimited Images and Unlimited Plus, combine curated content with AI-powered creative tools.
The Board aims to reduce debt and strengthen financial flexibility for long-term shareholder value.
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Shutterstock press release (SSTK): Q2 Non-GAAP EPS of $0.82. Revenue of $221.8M (-16.9% Y/Y).
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