Palantir shares slip by 7% despite posting record revenue in third quarter
SAN JOSE, Calif. - Shutterfly, an e-commerce company specializing in personalized products, announced Monday that CEO Sally Pofcher will step down as part of a planned succession. Emily Whittaker, former Executive Vice President of North America & Head of Global Marketing at VistaPrint, will take over as CEO later this month.
During her tenure, Pofcher led a transformation of the Shutterfly portfolio, which includes Snapfish, Spoonflower, Lifetouch, and Shutterfly Business Solutions. The company reported that under her leadership, it achieved record performance through brand health improvements, technology advancements, and building a customer-focused culture.
Whittaker brings 16 years of experience from VistaPrint and Cimpress, where she oversaw commercial operations for major regions and managed brand, performance, and product marketing strategies. Her background spans product delivery, technology, and customer experience.
"I’m thrilled to join Shutterfly at such a pivotal moment," Whittaker said in the press release statement.
David Sambur, Chair of Shutterfly’s Board and Co-Head of Equity at Apollo, stated that the transition has been "thoughtfully planned to ensure continuity and ongoing momentum."
Pofcher will remain with the company in an advisory role temporarily to facilitate the transition.
Shutterfly is majority-owned by investment funds managed by Apollo Global Management, Inc. (NYSE:APO).
In other recent news, Apollo Global Management reported preliminary estimates of $325 million in alternative net investment income for the third quarter ending September 30, 2025. This figure represents an annualized return of about 10% on Apollo’s alternative net investments. Additionally, Athene Holding Ltd., a subsidiary of Apollo, achieved a 10% annualized return on its pooled investment vehicle. In further developments, Apollo is in exclusive negotiations to acquire a majority stake in the Spanish football club Atletico de Madrid. This potential acquisition involves purchasing shares from the club’s primary shareholder, Atletico Holdco. Meanwhile, BMO Capital initiated coverage on Apollo Global Management with a Market Perform rating and a price target of $132.00. In corporate governance news, Apollo director Pauline Richards has resigned from the board, with the company noting no disagreements with management or the board as reasons for her departure. Finally, Apollo has launched a new sports capital unit, Apollo Sports Capital, appointing Al Tylis as CEO to focus on global sports and live events investments.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.