Shutterstock appoints Paul Hennessy to the Board of Directors and its compensation committee

– USA, NY –  Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery and music, today announced Paul J. Hennessy, Chief Executive Officer of priceline.com, has been appointed to the company’s board of directors. Mr. Hennessy will also serve on the compensation committee of the board.

“We’re thrilled to have Paul join our board and bring with him his extensive online marketing and leadership experience,” said Jon Oringer, Founder and Chief Executive Officer of Shutterstock. “His deep knowledge of managing various aspects of digital services complements our diverse board and will prove valuable as we look toward future growth opportunities.”

Mr. Hennessy has been the Chief Executive Officer of priceline.com, a leading provider of online travel and travel related reservation and search services, since April 1, 2015. Prior to this role, he served as the Chief Marketing Officer of Booking.com from 2011 to March 2015. A veteran of The Priceline Group, he served as the Chief Distribution Officer of priceline.com earlier in his career.

“I’m excited to bring my deep understanding of brand management, digital advertising sales and online user experience to Shutterstock which has a track record of exceptional growth,” said Mr. Hennessy. “Through my board participation, I plan to help the company enhance the overall customer experience and build long-term value for customers, contributors, and shareholders.”

Mr. Hennessy holds a B.S. in marketing management from Dominican College and an MBA from Long Island University.

About Shutterstock

Shutterstock, Inc. (NYSE:  SSTK), is a leading global provider of high-quality licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. Working with its growing community of over 70,000  contributors, Shutterstock adds hundreds of thousands of images each week, and currently has  more than 50 million images and 2 million video clips available.

Headquartered in New York City, with offices in AmsterdamBerlinChicagoDenverLondonLos AngelesMontrealParis and San Francisco, Shutterstock has customers in more than 150 countries. The company also owns Bigstock, a value-oriented stock media agency; Offset, a high-end image collection; PremiumBeat a curated royalty-free music library; Rex Features, a premier source of editorial images for the world’s media; Skillfeed, an online marketplace for learning; and WebDAM, a cloud-based digital asset management service for businesses.

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