Shutterfly Names New CEO

North_for_SFLY

REDWOOD CITYShutterfly, an online retailer of personalized photos and services, has appointed Christopher North as president and chief executive officer, effective May 31, 2016. When Mr. North joins Shutterfly, he will be also serve as a director on Shutterfly’s Board of Directors. Interim chief executive officer, Phil Marineau, will continue to lead Shutterfly until Mr. North joins as chief executive officer.

Mr. North joins Shutterfly from Amazon UK, where he has worked since 2006, serving as the UK managing director since 2011. Under his leadership, Amazon’s UK revenue has grown rapidly to more than $9 billion in 2015. Mr. North will assume leadership responsibilities of Shutterfly, and build upon the success of an organization that has grown to over $1 billion in revenue.

“We are very excited to welcome Chris to the Shutterfly team. His outstanding track record at one of the most successful eCommerce companies in the world makes him an incredible asset to this organization,” said Mr. Marineau, interim chief executive officer and chairman of the Shutterfly board of directors. “Our Board and management team are committed to extending Shutterfly’s market-leading position and we are thrilled to have Chris lead the team in this endeavor as we continue to delight our customers, drive stronger operating results and increase shareholder value. We believe this is the beginning of an exciting new chapter for Shutterfly.”

Mr. North brings to Shutterfly a history of consumer-focused innovation, eCommerce expertise and experience in developing high-performing teams. Mr. North’s leadership approach helps him drive strategic thinking across many functional and product categories, ideal for Shutterfly’s structure and portfolio of brands. Mr. North also brings proven experience creating and executing business plans with an eye to growth, operational excellence and technology as key drivers of success.

“I’m delighted to be joining Shutterfly, a company I have long admired. Our family have been happy customers for more than a decade,” said Mr. North. “With Shutterfly’s dedication to customers, incredible team and track record of innovation, I believe the company is strongly positioned to grow and increase profitability in order to drive shareholder value.”