Shutterstock, Inc. filed an 8-K on October 29, 2026, announcing that founder Jon Oringer has been appointed Chief Executive Officer and Hichame Assi has been appointed President and Chief Operating Officer, with both appointments effective October 28, 2026.

Key Highlights

  • Oringer returns as CEO: Jon Oringer, who founded Shutterstock in 2003 and served as CEO until 2020, has been reappointed Chief Executive Officer while retaining his role as Chairman of the Board.
  • Assi appointed President and COO: Hichame Assi, previously CEO of Envato since 2020, has been named President and Chief Operating Officer, responsible for day-to-day business operations.
  • Effective date: Both appointments became effective October 28, 2026, according to the filing.
  • Interim CEO transition: The Board acknowledged Rik Powell, who served as Interim Chief Executive Officer since July 2026, for his leadership during the transition period.
  • Q3 earnings call canceled: The company announced it will not hold its previously scheduled third quarter 2026 earnings conference call on November 5, 2026, as it evaluates strategic direction and priorities.
  • Envato acquisition context: Assi led Envato from 2020 until Shutterstock acquired it in 2024, according to the filing.

Shutterstock Leadership Changes and Q3 Earnings Call Cancellation

Shutterstock, Inc. (NYSE:SSTK) disclosed dual executive appointments and a change to its earnings schedule in an announcement dated October 29, 2026. According to the filing, Jon Oringer, the company's founder and current Chairman of the Board, has been appointed Chief Executive Officer. Oringer previously served as CEO from the company's founding in 2003 until 2020. The filing states that in his new role he will focus on "the Company's long-term strategy, strategic investments, and future opportunities" while continuing to serve as Chairman.

Hichame Assi has been appointed President and Chief Operating Officer. The filing states that Assi will "lead the Company's day-to-day business, with responsibility for strengthening operational performance, driving execution, and leading the transformation needed to position Shutterstock for sustainable growth." The filing notes that Assi served as CEO of Envato, a division of Shutterstock, since 2020, prior to Shutterstock's acquisition of Envato in 2024. Before Envato, he served as CEO of HotelsCombined, which was subsequently acquired by Booking Holdings, according to the disclosure.

Separately, the company disclosed that it will not hold its previously scheduled third quarter 2026 earnings conference call on November 5, 2026. The filing states this decision was made "as it continues to evaluate its strategic direction and priorities," adding that the company "intends to report its third quarter financial results in accordance with applicable reporting requirements and will provide further updates on its strategic review as appropriate."

What Was Disclosed

Shutterstock disclosed the appointment of Jon Oringer as CEO and Hichame Assi as President and COO, both effective October 28, 2026, along with the cancellation of its November 5, 2026 third quarter earnings conference call pending a strategic review.