Jonathan Oringer is the Founder and CEO of Shutterstock, Inc., which he started in 2003. He has a background in business, and with years of experience, he has made Shutterstock a well-known name in the stock photography industry. Notably, in...

Jonathan Oringer is the Founder and CEO of Shutterstock, Inc., which he started in 2003. He has a background in business, and with years of experience, he has made Shutterstock a well-known name in the stock photography industry. Notably, in 2014, he made headlines by drastically reducing his salary to just $1, while securing a significant equity grant aimed at tying his wealth to the company's success. Under his leadership, the company saw its market value peak at around $1.18 billion in February 2021 from significantly lower values in previous years. His annual compensation in 2022 totaled approximately $2.1 million, with a substantial portion coming from vested stock units worth over $14.9 million, showing a clear alignment between his interests and those of the shareholders. Oringer’s strategic decisions have been pivotal during various market fluctuations, showcasing his ability to guide the company through challenges and adapt to changing industry demands. His hands-on approach and deep commitment to Shutterstock reflect a leader who is invested in the company's long-term growth and success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Shutterstock CEOs

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Jonathan Oringer

Founder and Ex-CEO of Shutterstock

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

March 1, 1973 - 52 years ago

CEO of Shutterstock for

0 years 1 month (May 2022 - Jul 2022)

Previous Experience

Founder and former Chief Executive Officer of Shutterstock since 2003

Rivals

Competitors/colleagues of Jonathan Oringer

Holdings

See how much did Jonathan Oringer make over time.

Jonathan Oringer’s holdings showcase a remarkable journey through the stock market. His most significant values were observed from late 2019 to early 2021 when his wealth exceeded an astounding $1.18 billion. The peak in January 2021 was particularly striking at...

Jonathan Oringer’s holdings showcase a remarkable journey through the stock market. His most significant values were observed from late 2019 to early 2021 when his wealth exceeded an astounding $1.18 billion. The peak in January 2021 was particularly striking at $1.08 billion. After 2022, his holdings experienced notable fluctuations ranging from around $1.18 billion down to about $411 million by October 2023. Despite the declines, significant portions of his wealth still remain tied to Shutterstock’s stock, reflecting his ongoing commitment and interest in the company’s performance.

Mar 18, 2025

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shares

SSTK @ $19.32

Total Stock Sold

$565.70M

SSTK

$565.70M

8,175,756 SSTK shares

What if they kept their stock?

If Jonathan Oringer didn't sell their stock, today they would have:
Extra SSTK8,175,756 shares worth $312.72M.
This is -44.72% and $252.98M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Jonathan Oringer.

SSTK

$2.65M

SSTK at $51.06/share

Mar 7, 2024

Sale

SSTK

$3.03M

SSTK at $50.53/share

Mar 5, 2024

Sale

SSTK

$3.17M

SSTK at $50.29/share

Mar 1, 2024

Sale

SSTK

$1.22M

SSTK at $50.50/share

Jan 23, 2024

Sale

SSTK

$2.18M

SSTK at $50.53/share

Jan 19, 2024

Sale

SSTK

$5.00K

SSTK at $50.00/share

Dec 22, 2023

Sale

SSTK

$364.52K

SSTK at $50.21/share

Dec 14, 2023

Sale

SSTK

$285.47K

SSTK at $50.17/share

Aug 1, 2023

Sale

SSTK

$6.99M

SSTK at $53.55/share

Jul 11, 2023

Sale

SSTK

$2.23M

SSTK at $50.09/share

Jul 5, 2023

Sale

Compensation History

See how much did Jonathan Oringer make over time.

In 2022, Jonathan Oringer's total compensation amounted to approximately $2.1 million. This included a base salary of $325,769, a cash bonus of $581,000 tied to his performance and company goals, and vested stock units worth around $14.9 million. His compensation structure is notable for its alignment with company performance, as it includes performance-based components that directly connect his earnings to the success of Shutterstock. The salary reduction to $1 in 2014 was a strategic move to motivate growth and align his interests with shareholders, suggesting a long-term vision for his leadership approach. This reflects his philosophy of driving shareholder value while ensuring that his own rewards are linked to the company's achievements. Overall, his compensation and incentive structure demonstrate a commitment to building shareholder trust and enhancing company performance over time.

Year

2022

Total Compensation

$15.91M

Salary

$325.77K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain high-performing executives, aligning their interests with those of stockholders through performance-based compensation.

Bonus

$581.00K

Board Justification

Annual cash incentive based on achievement of pre-established corporate goals and individual performance for the fiscal year 2022.

Other

$64.11K

Board Justification

Includes 401(k) matching contributions, group term life insurance premium, and mobile phone allowance.

Restricted Stock

$14.93M(262.79K RSU)

Board Justification

Restricted Stock Units (RSUs) granted on July 1, 2022, vesting in approximately three equal increments on the first, second, and third anniversary of the grant date, contingent on continued employment.

Performance Metrics

The performance metrics for 2022 included revenue and adjusted EBITDA, with a weighting of 50% each.

Other Shutterstock CEOs

Here are other CEOs of Shutterstock

Stan Pavlovsky

Ex-CEO of Shutterstock

June 2020 - May 2022

Paul J. Hennessy

CEO of Shutterstock

July 2022 - Present