NEW YORK, March 3, 2020 /PRNewswire/ -- Shutterstock,
Inc. (NYSE: SSTK), a leading global technology company offering a
creative platform for high-quality content, tools and services,
today announced the expansion of its leadership team with the
hiring of Avi Muchnick as Chief
Product Officer (CPO) and Jamie
Elden as Chief Revenue Officer (CRO).
As CPO, Avi Muchnick will be
responsible for developing and executing Shutterstock's product
vision, enhancing the existing suite of products and creating new
and differentiated products to meet the evolving needs of current
and future customers. On the heels of Shutterstock's recent CEO
announcement, this strategic hire will work closely with newly
appointed Stan Pavlovsky to deliver
on providing adjacent services that our enterprise customers
require to enhance their workflow, more fully leveraging our vast
pool of first-party data, and continuing to develop
industry-leading proprietary technology to help our customers drive
top and bottom-line improvements to their businesses.
"Avi's background in design, engineering and operations, coupled
with his experience as both a product leader and entrepreneur, will
be instrumental in elevating Shutterstock's suite of products and
developing innovative workflow solutions for creatives and
marketers," said Stan Pavlovsky,
Shutterstock's Chief Operating Officer. "His passion for building
platforms that enable creative collaboration makes Avi the ideal
executive to lead our product function."
Muchnick was most recently the CPO at Shapeways, a 3D printing
fulfillment platform and marketplace. Prior to that, he was
Director of Products at Adobe where he led the company's long-term
product vision and third-party platform strategy for Adobe's
Creative SDK. He also co-founded and served as CPO and Executive
Chairman for Aviary (acquired by Adobe Systems) where he built and
brought to market a collaborative creation platform with six
multimedia design tools, a photo-editing SDK used by 10,000 partner
apps, including Amazon and Twitter, and an acclaimed consumer
mobile photo-editing app with 125+ million installs.
As CRO, Jamie Elden will lead
Shutterstock's Global Enterprise Sales team and will be responsible
for the company's sales and revenue growth strategies. Elden is a
seasoned sales leader with extensive experience successfully
building and growing world-class enterprise sales teams across TV,
digital, social, programmatic and over-the-top media.
"Jamie's proven success in driving revenue growth through
digital transformation, innovative technologies and creative
branded programs is a natural fit for Shutterstock in its evolution
into an end-to-end creative platform," said Pavlovsky. "I am
thrilled to have Jamie join our leadership team and look forward to
drawing from his expertise in developing new business strategies
and leading high-performing sales teams."
Most recently, Elden served as President of TONIK+, a
first-to-market AI-driven video creative platform that uses data to
inform future content strategies for brands and agencies. Elden
continues to serve on the board of advisors for TONIK+. Previously,
he was CRO and Head of Content at Civic Entertainment, where he
worked with Fortune 100 companies on growth strategies driven by
the creation of signature platforms. Jamie also served as CRO and
Head of Programming for Media General/Nexstar where he led the
company's entertainment-focused strategies, and as SVP of Digital
& Branded Entertainment for Alloy Entertainment where he led
the strategic development of Alloy's Digital Network and Content
Studio.
Both Muchnick and Elden will be based at Shutterstock's
headquarters in New York City and
will report directly to Stan
Pavlovsky.
About Shutterstock, Inc.
Shutterstock, Inc. (NYSE: SSTK), directly and through its group
subsidiaries, is a leading global provider of high-quality licensed
photographs, vectors, illustrations, videos and music to
businesses, marketing agencies and media organizations around the
world. Working with its growing community of over 1 million
contributors, Shutterstock adds hundreds of thousands of images
each week, and currently has more than 310 million images and more
than 17 million video clips available.
Headquartered in New York City,
Shutterstock has offices around the world and customers in more
than 150 countries. The company's brands also include Bigstock, a
value-oriented stock media offering; Shutterstock Custom, a custom
content creation platform; Offset, a high-end image collection;
PremiumBeat, a curated royalty-free music library; and Shutterstock
Editorial, a premier source of editorial images for the world's
media.
For more information, please visit www.shutterstock.com and
follow Shutterstock on Twitter and on Facebook.
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SOURCE Shutterstock, Inc.