New York, NY—Rachna Bhasin was appointed to the Shutterstock board of directors. Bhasin is the founder and CEO of EQ Partners and a cofounder of Pacifica Investments. Moreover, she will serve on the compensation committee of the board. Shutterstock is a global technology company offering a creative platform for high-quality content, tools and services.
Bhasin previously held the roles of chief business officer at Magic Leap as well as senior vice president, Corporate Strategy and Business Development, at Sirius XM.
“We welcome Rachna to the Shutterstock board. As we look to further innovate and accelerate Shutterstock’s performance, we will benefit from Rachna’s unique perspective as well as strategic vision given her deep knowledge of our industry,” said Jon Oringer, founder, chairman and chief executive officer of Shutterstock. “Her skills and experience in business development, M&A and strategic partnerships complement the expertise of our existing board members. We look forward to her contributions.”
“I am honored to join Shutterstock’s board of directors and to draw from my knowledge and experience to help guide Shutterstock in its mission to deliver increased value to its customers, contributors and stockholders,” said Rachna Bhasin.
“In a time where the demand for content is at an all-time high, Shutterstock is well-positioned to serve the needs of marketers, creatives and also businesses around the world, providing them with the content, tools and services they need to grow and thrive.”
Bhasin’s Curriculum Vitae
As founder and CEO of EQ Partners, Bhasin operates as a strategic advisor, investor and consultant to early-stage technology and media companies in the U.S. and Europe. In her role as cofounder of Pacifica Investments, she identifies and amplifies technologies, brands and entrepreneurs from New Zealand and the Pacific Rim.
Prior to January 2019, Bhasin was chief business officer for Magic Leap for more than three years; she helped grow the team and led business development, M&A and strategic partnerships. In this capacity, Bhasin oversaw Shutterstock’s API partner integration with the Magic Leap One, Creator Edition in May 2016. Since departing from this role, she continues to work with Magic Leap as a senior advisor to the CEO.
Previously, Bhasin served as senior vice president of Corporate Strategy and Business Development at SiriusXM Radio in New York. She also held positions at Dell, where she led the company’s consumer strategic partnerships and personalization. Moreover, at EMI Music North America, she was vice president of Business Development.
Bhasin serves on the board of directors for Ryman Hospitality Properties. In addition, she is a member of the International Academy of Television Arts & Sciences and has served on the board for the GRAMMY Foundation.
Working with its community of more than 900,000 contributors, Shutterstock adds hundreds of thousands of images each week. It currently has more than 280 million images and more than 15 million video clips available. Headquartered in New York City, Shutterstock has offices around the world and customers in more than 150 countries. The company’s brands also include Bigstock, a value-oriented stock media offering; Shutterstock Custom, a custom content creation platform; Offset, a high-end image collection; PremiumBeat, a curated royalty-free music library; and Shutterstock Editorial, a premier source of editorial images for the world’s media.