trending Market Intelligence /marketintelligence/en/news-insights/trending/CzPft6xVaof63qW0UBppUw2 content esgSubNav
In This List

Shutterfly director resigns


According to Market Intelligence, December 2022


Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes


MediaTalk | Episode 30: US retailers prep for weaker online sales, holiday spending demand


Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Shutterfly director resigns

Mario Cibelli on May 5 resigned as a director of , effective immediately.

Cibelli was electedto Shutterfly's board at the company's June 2015 annual stockholders meeting asa nominee of activist investor Marathon Partners Equity Management LLC.

Shutterfly's recent moves, including a new compensation planand the recent appointmentof Christopher North as the company's CEO, will help Shutterfly improve "financialresults and shareholder returns," Cibelli said in a statement.