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Shutterstock stock gets founder back as CEO before Q3 report

Published on 11/03/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Shutterstock stock has founder Jon Oringer back as CEO. Hichame Assi will lead day-to-day operations as president and COO.

Shutterstock changes leadership before results

  • Founder Jon Oringer became CEO and Hichame Assi became President and COO effective October 28.
  • Shutterstock canceled its November 5 third-quarter earnings call while reviewing its strategic direction.
  • The company still intends to report third-quarter financial results under applicable reporting requirements.
SSTK, US8256901005, Illustration mit AI erstellt.
SSTK, US8256901005, Illustration mit AI erstellt.

Shutterstock is resetting its leadership as it reviews its strategic direction. Founder Jon Oringer returned as chief executive on Wednesday, October 28, while Hichame Assi became president and chief operating officer.

The appointments were announced Thursday, October 29, in a Shutterstock investor relations release. Oringer founded the company in 2003 and served as CEO until 2020. He remains chairman and will focus on long-term strategy, strategic investments and future opportunities.

Management roles split strategic and operating work

Assi, who has led Shutterstock's Envato division since 2020, will oversee day-to-day operations, execution and operational performance. Rik Powell, who had served as interim CEO since July, continues as chief financial officer.

Shutterstock also said it will not hold its previously scheduled third-quarter earnings conference call on Thursday, November 5, while it evaluates its strategic direction and priorities. The company said it still intends to report third-quarter financial results under applicable reporting requirements and will provide further updates on its strategic review as appropriate.

Shutterstock stock traded at 3.72 euros on Lang & Schwarz at 1:37 p.m. CET on Tuesday, November 3, 2026. The real-time quote of Shutterstock stock reflects the latest available trading indication.

Shutterstock stock at a glance

  • Company: Shutterstock, Inc.
  • ISIN: US8256901005
  • Ticker: SSTK
  • Home exchange: New York Stock Exchange
  • Lang & Schwarz quote: 3.72 euros on November 3, 2026, at 1:37 p.m. CET

The S&P 500 remains the broader market reference for US-listed shares.

More news and analyses on Shutterstock stock will follow as the company updates its strategic review and financial reporting.

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en | US8256901005 | SSTK | boerse | 70450535 |