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Shutterstock CEO Hennessy steps down weeks after failed Getty deal
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Shutterstock CEO Hennessy steps down weeks after failed Getty deal
Jul 13, 2026 2:58 PM

July 13 (Reuters) - Shutterstock ( SSTK ) said on Monday

Paul Hennessy had stepped down as chief executive officer and

board member, effective immediately.

Here are some details:

* Last month, Shutterstock's ( SSTK ) planned $3.7 billion merger

with rival Getty Images ( GETY ) collapsed after the UK

competition regulator required it to sell its editorial business

to secure approval.

* Shutterstock's ( SSTK ) finance chief Rik Powell will take over as

interim CEO while continuing as CFO during the transition.

* In an SEC filing, the company said Hennessy's departure

was not related to any disagreements with the company over its

operations, policies or practices.

* Hennessy leaves the company after four years as CEO,

having joined Shutterstock ( SSTK ) in 2022, prior to which he was chief

executive of pre-owned car retailer Vroom.

* Shutterstock's ( SSTK ) board plans to engage an adviser to help

it plan the way forward.

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