Shutterstock, Inc. (NYSE: SSTK) has announced the appointment of Matt Furlong as the Chief Marketplace Officer, effective January 13. Furlong will lead the company's Marketplace division and play a key role in shaping its strategy, operations, and growth. He joins Shutterstock from GameStop, where he served as CEO for two years, focusing on enhancing the customer experience and driving business transformation.
Furlong brings extensive leadership experience and deep operational expertise to Shutterstock, having previously held roles at Amazon, including Country Manager for Amazon Australia. He also spent 12 years at P&G before joining Amazon.
In his new role, Furlong will be responsible for aligning business goals across Shutterstock's creative content brands, including PremiumBeat, Pond5, and TurboSquid. Additionally, he will oversee the company's Global Customer Success team.
The appointment of Furlong comes at an exciting time for Shutterstock as it continues its transformation into a premier visual content company. The company is focused on empowering creatives and enabling them to create with confidence through its extensive and diverse collection of high-quality 3D models, videos, music, photographs, vectors, and illustrations.
Shutterstock's decision to bring Furlong on board reflects its commitment to driving growth and better serving its Marketplace customers. With his background in customer-focused business transformation, Furlong's appointment is expected to contribute to the company's overall business strategy.
As Shutterstock continues to innovate and expand its offerings, Furlong's leadership and expertise are poised to play a significant role in the company's future growth and success. As a result of these announcements, the company's shares have moved -11.5% on the market, and are now trading at a price of $30.52. For more information, read the company's full 8-K submission here.
