Shutterstock Management
Management criteria checks 3/4
Shutterstock's CEO is Paul Hennessy, appointed in May 2022, has a tenure of 2.5 years. total yearly compensation is $8.11M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $4.23M. The average tenure of the management team and the board of directors is 3.9 years and 8.5 years respectively.
Key information
Paul Hennessy
Chief executive officer
US$8.1m
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.9yrs |
| Board average tenure | 8.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$36m |
| Jun 30 2024 | n/a | n/a | US$47m |
| Mar 31 2024 | n/a | n/a | US$94m |
| Dec 31 2023 | US$8m | US$700k | US$110m |
| Sep 30 2023 | n/a | n/a | US$118m |
| Jun 30 2023 | n/a | n/a | US$113m |
| Mar 31 2023 | n/a | n/a | US$82m |
| Dec 31 2022 | US$21m | US$326k | US$76m |
| Sep 30 2022 | n/a | n/a | US$86m |
| Jun 30 2022 | n/a | n/a | US$79m |
| Mar 31 2022 | n/a | n/a | US$89m |
| Dec 31 2021 | US$216k | n/a | US$92m |
| Sep 30 2021 | n/a | n/a | US$101m |
| Jun 30 2021 | n/a | n/a | US$107m |
| Mar 31 2021 | n/a | n/a | US$97m |
| Dec 31 2020 | US$220k | n/a | US$72m |
| Sep 30 2020 | n/a | n/a | US$50m |
| Jun 30 2020 | n/a | n/a | US$33m |
| Mar 31 2020 | n/a | n/a | US$17m |
| Dec 31 2019 | US$208k | n/a | US$20m |
| Sep 30 2019 | n/a | n/a | US$31m |
| Jun 30 2019 | n/a | n/a | US$33m |
| Mar 31 2019 | n/a | n/a | US$30m |
| Dec 31 2018 | US$225k | n/a | US$55m |
| Sep 30 2018 | n/a | n/a | US$42m |
| Jun 30 2018 | n/a | n/a | US$39m |
| Mar 31 2018 | n/a | n/a | US$43m |
| Dec 31 2017 | US$218k | n/a | US$17m |
Compensation vs Market: Paul's total compensation ($USD8.11M) is above average for companies of similar size in the UK market ($USD1.45M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
CEO
Paul Hennessy (59 yo)
2.5yrs
Tenure
US$8,113,511
Compensation
Mr. Paul J. Hennessy serves as Chief Executive Officer at Shutterstock, Inc. since July 2022 and serves as its Director since May 2022. He served as Chief Executive Officer of Vroom, Inc. since June 8, 201...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 21.8yrs | US$5.50m | 31.22% $ 349.3m | |
| CEO & Director | 2.5yrs | US$8.11m | 0.38% $ 4.2m | |
| Chief Financial Officer | no data | no data | no data | |
| Chief Accounting Officer | 7.9yrs | US$1.26m | 0.12% $ 1.3m | |
| Vice President of Corporate Development and Investor Relations | no data | no data | no data | |
| Senior VP | 3.8yrs | no data | no data | |
| Chief Human Resources Officer | 4.1yrs | no data | no data | |
| Head of Global Production | 4yrs | no data | no data | |
| Head of Diversity | 3.6yrs | no data | no data | |
| Chief Enterprise Officer | 1.3yrs | no data | no data | |
| Co-Founder & Chief Executive Officer of WebDAM | 11yrs | no data | no data |
3.9yrs
Average Tenure
55yo
Average Age
Experienced Management: 0A8F's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 21.8yrs | US$5.50m | 31.22% $ 349.3m | |
| CEO & Director | 9.6yrs | US$8.11m | 0.38% $ 4.2m | |
| Independent Presiding Director | 12.7yrs | US$215.88k | 0.072% $ 805.4k | |
| Independent Director | 8.5yrs | US$200.88k | 0.042% $ 467.5k | |
| Independent Director | 5.3yrs | US$205.88k | 0.053% $ 590.7k | |
| Independent Director | 3.9yrs | US$208.38k | 0.0080% $ 89.3k | |
| Director | less than a year | no data | no data |
8.5yrs
Average Tenure
56.5yo
Average Age
Experienced Board: 0A8F's board of directors are considered experienced (8.5 years average tenure).