Hichame Assi was named Chief Operating Officer of Shutterstock, Inc. As of November 6, 2026, Shutterstock, Inc. has reported 5 leadership change filings to the SEC under Item 5.02 of Form 8-K, from July 13, 2026 to November 5, 2026, naming 3 appointments and 2 departures (Form 8-K, October 29, 2026).
30 companies changed executives this week.
Companies that just changed executives, and the new executive. Before you unlock: the company, the change and what is inside. After: the executive named with their role, how to reach the company, and a person's email only when we found one.
| John Hancock Comvest Private Income Fund | named a new Chief Financial Officer | |
| Bain Capital Specialty Finance, Inc. | named a new Director | |
| Azora Therapeutics, Inc. (DE) | named a new Director | |
| LASE Corp. | named a new Director | |
| Century Communities, Inc. | named a new Executive Chairman |
Sell to companies like Shutterstock, Inc? Enter your website and see 10 with a filed reason to buy from you this month. Free.
Opens in a new tab. No signup.
Key facts
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-11-05
- · In / out: In · Person: Hichame Assi · Role: Chief Operating Officer · 8-K, 2026-10-29
- · In / out: In · Person: Timothy Adams · Role: Director · Effective: 2026-09-08 · 8-K, 2026-09-08
- · In / out: Out · Person: Steven Ciardiello · Role: Chief Accounting Officer · 8-K, 2026-07-22
- · In / out: Out · Person: Paul J. Hennessy · Role: Chief Executive Officer · 8-K, 2026-07-13
Shutterstock, Inc. reported changes in 5 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-07-13 to 2026-11-05. They name 5 people, with 3 appointments and 2 departures. Every row below is cited to the filing it comes from, and this page adds each new change as Shutterstock, Inc. files it.
Also on the record for Shutterstock, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| July 8, 2026 | Stake report, Schedule 13G/A, by BlackRock, Inc. | 5.5% of the class | 5%+ stakes | Source |
| March 27, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| January 30, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | 5% of the class | 5%+ stakes | Source |
| July 29, 2025 | Stake report, Schedule 13G/A, by The Vanguard Group | 6.65% of the class | 5%+ stakes | Source |
Selling to them or working with them? See who runs Shutterstock, Inc. now and the warning signs.
Free to see. No signup.
Keep reading
More on Shutterstock, Inc. and the records around it.
Shutterstock, Inc. elsewhere on the record
Companies that share a holder
- BlackRock, Inc. also filed stake reports on 1596 other companies: AvePoint, Inc. (Nov 2026), BIOMARIN PHARMACEUTICAL INC (Nov 2026), MSG RANGERS CORP (Nov 2026)
- The Vanguard Group also filed stake reports on 2384 other companies: BellRing Brands, Inc. (Sep 2026), CAL-MAINE FOODS INC (Sep 2026), FTAI Aviation Ltd. (Sep 2026)
Watch Shutterstock, Inc.
Get an email when Shutterstock, Inc. files again: a new raise, a leadership change, a layoff or an IPO filing. One email first to confirm; nothing else until you click it. At most one a day, one click to stop. Free for up to 3 companies.
Want the whole picture on Shutterstock, Inc.?
Example from a real report (our sample on Target): “In March 2026, Target announced a planned incremental $1 billion operating investment” Source: Target Corporation (press release)
A Full Report on Shutterstock, Inc.: verified, sourced, every claim cited, ready in a few minutes. See pricing.
What the Full Report on Shutterstock, Inc. covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
9 cited sources found
Plus the sections for what you are deciding, which you pick after ordering.
A real finished report, first screen. Opens in a new tab.
Not ready to order yet? Keep this snapshot.
Sends this preview to you once; we won't add you to any list
Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-11-05 | Reported | not named in the filing | 8-K, 2026-11-05 | ||
| 2026-10-29 | In | Chief Operating Officer | 8-K, 2026-10-29 | ||
| 2026-09-08 | In | Director | 2026-09-08 | 8-K, 2026-09-08 | |
| 2026-07-22 | Out | Chief Accounting Officer | 8-K, 2026-07-22 | ||
| 2026-07-13 | Out | Chief Executive Officer | 8-K, 2026-07-13 | ||
| 2026-07-13 | In | Chief Executive Officer | 8-K, 2026-07-13 |
Who leads Shutterstock, Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Operating Officer: Hichame Assi, appointed (filed 2026-10-29).
- Director: Timothy Adams, appointed, effective 2026-09-08 (filed 2026-09-08).
- Chief Accounting Officer: Steven Ciardiello, departure reported (filed 2026-07-22). No successor is named in these filings.
- Chief Executive Officer: Paul J. Hennessy, departure reported (filed 2026-07-13). No successor is named in these filings.
New leaders reset buying decisions — get the Full Report on Shutterstock, Inc.: who runs it, how the money works and what to watch, every claim linked to its source.
Get the Full ReportFind people with the same kind of experience as the Chief Operating Officer at Shutterstock, Inc., with the record behind each one.
Find candidates like Chief Operating Officer at Shutterstock, Inc.Every change, in the filing's words
Reported
On November 5, 2025, the Company announced the appointment of Scott Grossman as Interim Chief Financial Officer, effective November 2, 2026.
- Concurrent with Mr. Grossman's appointment, Rik Powell will cease to serve as Chief Financial Officer effective as of the same date and will depart from the Company on November 13, 2026.
- In connection with Mr. Grossman's appointment as Interim Chief Financial Officer, the Board of Directors of the Company (the "Board") and the Compensation Committee of the Board (the "Compensation Committee") approved an annual base salary of $450,000 and an annual cash bonus opportunity, with a target award equal to 60% of his base salary, based on the achievement of individual and Company performance-based objectives established by the Compensation Committee, pro-rated for his initial year of service at the Company.
- Mr. Grossman, age 50, has served as our Senior Vice President, Global Head of Finance from July 2026 until November 2026.
- Prior to holding this position, Mr. Grossman served as our Senior Vice President, Finance Strategy & Investor Relations from May 2025 until July 2026, our Global Head of Financial Planning & Analysis from January 2023 until May 2025 and started as the Vice President, Corporate Financial Planning & Analysis when joining Shutterstock in May 2022.
Appointed: Hichame Assi, Chief Operating Officer
President and Chief Operating Officer Appointment Also on October 28, 2026, the Board appointed Hichame Assi to serve as the Company's President and Chief Operating Officer.
- CEO Appointment On October 28, 2026, the Board of Directors (the "Board") of Shutterstock, Inc. (the "Company") approved the appointment of Jonathan Oringer as the Company's Chief Executive Officer and Chairman of the Board, effective as of October 28, 2026 (the "Effective Date").
- Concurrent with Mr. Oringer's appointment as Chief Executive Officer, Rik Powell will cease serving as Interim Chief Executive Officer, effective as of the Effective Date, but will continue to serve as the Company's Chief Financial Officer.
- In connection with his appointment, the Company and Mr. Oringer entered into an Employment Acknowledgement Agreement (the "Amendment") amending the terms of Mr. Oringer's existing Employment Agreement, dated September 24, 2012 (as amended from time to time, the "Oringer Employment Agreement").
- Pursuant to the Amendment, effective as of the Effective Date, Mr. Oringer's position with the Company changed to Chief Executive Officer and Chairman of the Board, and Mr. Oringer's annual base salary was increased from $1.00 to $1,000,000, less applicable withholdings and deductions.
- Mr. Oringer will not be eligible to be considered for an annual cash incentive bonus for the remainder of fiscal 2026 or for fiscal 2027.
Appointed: Timothy Adams, Director, effective 2026-09-08
(d) Election of Directors On September 4, 2026, the board of directors (the "Board") of Shutterstock, Inc. (the "Company"), based on the recommendation of the Nominating and Corporate Governance Committee (the "Nominating Committee"), appointed Timothy Adams, Matthew Salzberg, and Michael Thompson to the Board (each a "New Director" and collectively, the "New Directors"), effective as of September 8, 2026.
- Mr. Adams and Mr. Salzberg were appointed as Class II directors of the Company, with terms expiring at the Company's 2026 annual meeting of stockholders and Mr. Thompson was appointed as a Class III director of the Company, with a term expiring at the Company's 2027 annual meeting of stockholders.
- The New Directors were not appointed to any committee of the Board at this time.
- The Board determined that each New Director qualifies as independent under the director independence standards set forth in the rules and regulations of the Securities and Exchange Commission (the "SEC") and the applicable listing standards of the New York Stock Exchange (the "NYSE").
- Timothy Adams is the Chief Financial Officer of Validity Inc., an AI powered email marketing company, since January 2026.
- Prior to joining Validity, Mr. Adams served as the Chief Financial Officer of Rapid7, Inc., a cybersecurity company, from January 2022 to November 2025.
- Prior to joining Rapid7, Mr. Adams served as the Chief Financial Officer of BitSight Technologies, Inc., a cybersecurity ratings company, from April 2020 to December 2021.
- Mr. Adams has served as a member of the board of directors, the nominating and corporate governance committee and the chair of the audit committee of Model N, a public revenue management solutions company, from December 2016 to June 2024.
Departing: Steven Ciardiello, Chief Accounting Officer
On July 16, 2026, Steven Ciardiello notified Shutterstock, Inc. (the "Company") of his decision to resign as Chief Accounting Officer of the Company, effective August 28 , 2026 following a transition period.
- Mr. Ciardiello's resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
- The Company is conducting a search for a successor.
Departing: Paul J. Hennessy, Chief Executive Officer
On July 12, 2026, Paul J. Hennessy notified the Board of Directors (the "Board") of Shutterstock, Inc. (the "Company") of his decision to step down as the Company's Chief Executive Officer and as a member of the Board, effective immediately.
Appointed: Rik Powell, Chief Executive Officer
The Board appointed Rik Powell, the Company's Chief Financial Officer, to serve as Interim Chief Executive Officer, effective immediately.
- Mr. Powell will also continue to serve as the Company's Chief Financial Officer.
- To facilitate an orderly leadership transition, Mr. Hennessy will remain with the Company in a non-executive advisory capacity through August 7, 2026.
- Mr. Hennessy's departure is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
- The Board intends to commence a process to identify the Company's next permanent Chief Executive Officer.
- Mr. Powell's existing compensation as Chief Financial Officer will remain unchanged and is described in the Company's most recent Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission.
- Mr. Powell, age 54, has served as the Company's Chief Financial Officer since November 2024 and prior to that Senior Vice President, Finance from June 2024.
- Prior to joining the Company, Mr. Powell was Senior Vice President, Finance and Investor Relations at Shake Shack, an NYSE publicly traded quick services restaurant group, from 2022 to 2024.
- Prior to that, Mr. Powell served in various finance positions at Getty Images, a visual media company, where he ultimately advanced to the position of Chief Financial Officer from 2017 to 2020.
- Prior to that, Mr. Powell held various finance roles at Dell Computer Corporation and HP Inc. and started his career at Grant Thornton LLP.
Tools for this story
Each opens in a new tab, filled in for Shutterstock, Inc.. With no account yet, you sign up free and land on the result.
Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.