Stan Pavlovsky is a business leader with a solid track record in the digital space. He joined Shutterstock, Inc. as Co-Chief Operating Officer in 2019 and quickly rose to CEO by 2020. Before Shutterstock, he held senior positions at Meredith...

Stan Pavlovsky is a business leader with a solid track record in the digital space. He joined Shutterstock, Inc. as Co-Chief Operating Officer in 2019 and quickly rose to CEO by 2020. Before Shutterstock, he held senior positions at Meredith Corporation and Walgreens, giving him a diverse perspective on marketing and operations. He has a B.A. from California State University, Northridge, and an M.B.A. from City University of Seattle. Under his leadership, Shutterstock experienced significant growth, achieving impressive revenue and EBITDA targets. His compensation structure included a unique performance-based model to align his goals with those of the company. Notably, before his resignation in 2022, he was awarded 15,086 RSUs, showing a hefty commitment to the company's long-term vision. Pavlovsky is not just about numbers; his hands-on experience in running successful teams has shaped Shutterstock's journey in the competitive digital market. He’s also known for making insightful strategic decisions that steered the company through a crucial phase. After stepping down, he left behind a well-established team to continue that momentum.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Shutterstock CEOs

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Stan Pavlovsky

Ex-CEO of Shutterstock

Education

B.A. from California State University, Northridge; M.B.A. from City University of Seattle

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

April 1, 1975 - 50 years ago

CEO of Shutterstock for

1 year 10 months (Jun 2020 - May 2022)

Previous Experience

Executive Vice President, President of Meredith Digital at Meredith Corporation; President of Allrecipes.com; Vice President eCommerce, Merchandising & Marketing at Walgreens Boots Alliance, Inc.

Rivals

Competitors/colleagues of Stan Pavlovsky

Holdings

See how much did Stan Pavlovsky make over time.

Stan Pavlovsky's insider trading activity shows fluctuations in his stock holdings over the years. Starting in 2019, he demonstrated a growing investment in Shutterstock shares, with values escalating from approximately $582.79K in September 2019 to a peak of $12.58M by...

Stan Pavlovsky's insider trading activity shows fluctuations in his stock holdings over the years. Starting in 2019, he demonstrated a growing investment in Shutterstock shares, with values escalating from approximately $582.79K in September 2019 to a peak of $12.58M by April 2022. As the company's CEO, he capitalized on stock grants, demonstrating his confidence in the company's future. By February 2022, his wealth in stock holdings spanned between $7M to over $9M monthly, reflecting his active participation in the company’s growth trajectory. However, after his resignation in May 2022, the value of his holdings has shown a gradual decline, indicative of market reactions and his exit from the firm.

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Total Stock Sold

$1.55M

SSTK

$1.55M

17,029 SSTK shares

What if they kept their stock?

If Stan Pavlovsky didn't sell their stock, today they would have:
Extra SSTK17,029 shares worth $611.00K.
This is -60.46% and $934.30K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Stan Pavlovsky.

SSTK

16,740 shares

SSTK

Feb 23, 2022

Received

SSTK

$1.53M

SSTK at $89.58/share

Mar 10, 2021

Sale

SSTK

27,762 shares

SSTK

Apr 1, 2020

Received

SSTK

16,411 shares

SSTK

Apr 1, 2019

Received

Compensation History

See how much did Stan Pavlovsky make over time.

In 2022, Stan Pavlovsky's total compensation at Shutterstock was $276,410, which primarily included his base salary of $261,154. Notably, he did not receive any bonuses or vested stock due to his resignation before their performance period could conclude. In contrast, his compensation was significantly higher in 2020, reaching $700,000, with a bonus of $870,100, underlining his ability to meet performance targets. His pay structure was designed with a strong emphasis on performance incentives, aligning his interests with shareholders through cash bonuses tied to company metrics like revenue and adjusted EBITDA. This compensation strategy reflected his focus on driving results during his tenure, which were instrumental in leading the company through various challenges and opportunities. His overall compensation package revealed a well-thought-out approach to rewarding executives based on their contributions to company success and stockholder value.

Year

2022

Total Compensation

$276.41K

Salary

$261.15K

Board Justification

The compensation philosophy aims to attract and retain high-performing executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was paid for 2022 due to resignation before the end of the performance period.

Other

$15.26K

Board Justification

Other compensation includes 401(k) matching contributions, life insurance premiums, and fitness reimbursements.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2022 as he resigned before any could vest.

Performance Metrics

Performance metrics for 2022 included revenue and adjusted EBITDA, but no bonuses were paid due to resignation.

Other Shutterstock CEOs

Here are other CEOs of Shutterstock

Jonathan Oringer

Founder and Ex-CEO of Shutterstock

May 2022 - July 2022