Shutterstock Appoints Matt Furlong as Chief Marketplace Officer
Shutterstock (NYSE: SSTK) has appointed Matt Furlong as Chief Marketplace Officer, effective January 13, 2025.
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Rhea-AI Summary
Shutterstock (NYSE: SSTK) has appointed Matt Furlong as Chief Marketplace Officer, effective January 13, 2025. Furlong will lead the company's Marketplace division and join the executive leadership team, overseeing individual user products and solutions across ecommerce platforms.
In his new role, Furlong will be responsible for shaping the strategy, operations, and growth of the Marketplace division, including alignment across Shutterstock's creative content brands such as PremiumBeat, Pond5, and TurboSquid. He will also manage the Global Customer Success team.
Furlong previously served as CEO of GameStop for two years, focusing on customer experience and business transformation. His prior experience includes leadership roles at Amazon, where he served as Country Manager for Amazon Australia, and a 12-year tenure at P&G.
Positive
- Appointment of experienced executive with significant e-commerce and digital transformation expertise
- Strategic addition to strengthen marketplace operations and customer experience
- Leadership experience in managing multi-billion dollar businesses at Amazon
Negative
- None.
Details
News Market Reaction – SSTK
The recorded move for SSTK in the trading session of this news was -11.10%.
Data tracked by StockTitan Argus. Session date unavailable.
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Former Gamestop executive to join leadership team as head of Marketplace division
In this position and as part of the Shutterstock executive leadership team, Matt will have a key role in shaping the overall strategy, operations and growth of the Marketplace division, which houses the company's individual user products and solutions across various ecommerce platforms.
"Matt's extensive leadership experience and deep operational expertise will be a valuable asset to Shutterstock," said Paul Hennessy, Chief Executive Officer of Shutterstock. "We're confident in his ability to drive the focus and growth needed to better serve our Marketplace customers while helping to achieve our overall business strategy."
Matt will also be responsible for ensuring alignment with business goals across Shutterstock's creative content brands, including PremiumBeat, Pond5 and TurboSquid. In addition, he will oversee the company's Global Customer Success team.
"I'm thrilled to join Shutterstock at such an exciting time in their transformation as a premier visual content company dedicated to empowering creatives," said Furlong. "I've built my career innovating for customers while building leadership brands, and look forward to doing the same for the Shutterstock Marketplace division."
Previously, Matt served as the CEO of GameStop for two years, where he was focused on strengthening the customer experience while driving business transformation. Prior to Gamestop, he led numerous multi-billion dollar businesses at Amazon, culminating in his role as the Country Manager for Amazon Australia. Matt began his career at P&G, where he worked for 12 years before joining Amazon.
About Shutterstock, Inc.
Shutterstock, Inc. (NYSE: SSTK) is a premier partner for transformative brands, digital media and marketing companies, empowering the world to create with confidence. Fueled by millions of creators around the world and a fearless approach to product innovation, Shutterstock is the leading global platform for licensing from the most extensive and diverse collection of high-quality 3D models, videos, music, photographs, vectors and illustrations. From the world's largest content marketplace, to breaking news and A-list entertainment editorial access, to all-in-one content editing platform and studio production service—all using the latest in innovative technology—Shutterstock offers the most comprehensive selection of resources to bring storytelling to life.
Learn more at www.shutterstock.com and follow us on LinkedIn, Instagram, Twitter, Facebook and YouTube.
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SOURCE Shutterstock, Inc.
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