Shutterfly

Shutterfly, LLC.
Type of businessPrivate
Founded1999 (1999)
HeadquartersRedwood City, California
OwnerApollo Global Management (majority)
District Photo (minority)
Key peopleSally Pofcher
(President and CEO)
Dwayne Black
(Senior VP & COO)
IndustryPhotograph-derived manufacture; photo sharing
RevenueIncrease US$2 billion (2018)
Operating incomeIncrease US$115.54 million (2018)
Net incomeIncrease US$50.37 million (2018)
Total assetsIncrease US$2.302 billion (2018)
Total equityDecrease US$674.37 million (2018)
Employees7,094 (2018)
SubsidiariesSnapfish
Lifetouch
BorrowLenses
URLwww.shutterflyinc.com
[1]

Shutterfly, LLC. is an American photography, photography products, and image sharing company, headquartered in Redwood City, California. The company is mainly known for custom photo printing services, including books featuring user-provided images, framed pictures, and other objects with custom image prints, including blankets or mobile phone cases.[2] The company has a variety of subsidiaries including Tiny Prints, This Life, Treat, BorrowLenses, and Lifetouch.[3]

Founded in 1999 by Dan Baum and Eva Manolis, the company is currently led by Hilary Schneider as the President and CEO, and owned by Apollo Global Management (majority) and District Photo (minority).[4] The company went public in 2006, but returned to private ownership in 2019 after being acquired by Apollo.[5][6] On March 29, 2023, Shutterfly deleted all photographs of customers who did not purchase their products more than once every 18 months. After feedback from irate customers, the deleted photos were temporarily restored on May 1, 2023

  1. ^ "US SEC: Form 10-K Shutterfly, Inc". U.S. Securities and Exchange Commission. Retrieved February 18, 2018.
  2. ^ Cassano, Maria (2021-10-27). "Shutterfly's countless customizable items make gift-giving easy and intentional this season". CNN Underscored. Retrieved 2022-07-27.
  3. ^ "Our Brands". SHUTTERFLY. Retrieved 2024-01-22.
  4. ^ Assis, Claudia (November 26, 2019). "Shutterfly names Hilary Schneider its new CEO". MarketWatch. Retrieved 10 January 2020.
  5. ^ Ashlee Vance (January 3, 2013), "Shutterfly's Improbably Long Survival (and Success)", Bloomberg Businessweek, archived from the original on January 6, 2013, retrieved January 26, 2013
  6. ^ Newburger, Emma (2019-06-10). "Shutterfly strikes take-private deal with Apollo Global, valuing company at $2.8 billion". CNBC. Retrieved 2019-06-24.

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