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Shutterstock Appoints Rik Powell as Interim Chief Executive Officer

PUBLIC · SSTKJul 13, 2026
Internal move“Rik Powell, the Chief Financial Officer, to serve as Interim CEO”

Position

Chief Financial Officer

Company

Shutterstock

Rik Powell
New YorkOtherManufacturingSoftwareAdvertisingContent And PublishingMedia And EntertainmentEventsScience And EngineeringArtificial IntelligenceMusic And AudioMusicContent MarketingContent

Description

Paul Hennessy has stepped down as the Chief Executive Officer of Shutterstock, Inc., effective immediately. The Board has appointed Rik Powell, the Chief Financial Officer, to serve as Interim CEO during the transition.

Company Information

Company

Shutterstock

Location

New York, United States

About

Shutterstock, Inc. is a leading global creative platform that connects brands and businesses to high-quality content. It has announced the acquisition of Backgrid, a global premier destination for celebrity news, known for supplying top media organizations with real-time content from the world's top photographers for more than three decades. This acquisition expands Shutterstock's archive with an additional 30 million+ images and videos across celebrity, red carpet and live events, and adds more than 1,400 contributors to its already industry-leading global photographer network.

Fundz sees it the moment Shutterstock changes its leadership, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Shutterstock changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.