REDWOOD CITY, Calif .– (COMMERCIAL THREAD) – Shutterfly, a pioneer in online photo sharing and a leading digital retail and manufacturing platform for personalized products, today announced the appointment of Mike Eklund as Vice President Chief Financial Officer (CFO), effective November 1, 2021. Mike will succeed Vivian Liu, who will step down as Chief Financial Officer on November 9, 2021 to pursue other opportunities.
Mike Eklund most recently served as Executive Vice President, CFO, Treasurer and Corporate Secretary of Scientific Games. Prior to joining Scientific Games, he served as Chief Financial Officer of IRI, a global leader in innovative data and analytics solutions and services for consumer, retail and media companies. In addition, Mike spent over 20 years at Dell Technologies in both financial and operational roles, including leading the value creation and integration function for the $ 67 billion Dell-EMC combination and as CFO of Dell’s more than $ 40 billion customer solutions business. Unity and organization of global operations.
“Mike is a proven CFO with superior experience in delivering results and creating value,” said Hilary Schneider, CEO of Shutterfly. “This is an incredibly exciting time for the entire brand portfolio as we look to our next chapter of growth. After a rigorous research process, I am delighted that Mike brings his unique and valuable perspective to Shutterfly.
“I am delighted to join Shutterfly at such an exciting time in the company’s evolution,” said Mike Eklund, new CFO of Shutterfly. “The transformation I’ve seen over the past 18 months has been impressive and I know it’s only just beginning. I look forward to working closely with Hilary and the rest of the Shutterfly leadership team to continue driving growth and building on the strong momentum of the business.
In this role, Mike will oversee all aspects of Shutterfly’s financial operations including financial control, planning and analysis, tax, treasury, audit, investor relations and business development. .
The Shutterfly family of brands are the leading online retail and manufacturing platform for photography and personalized products. Shutterfly is organized into three divisions: Consumer, Lifetouch and Shutterfly Business Solutions. The Consumer Division of Shutterfly helps people make and create meaningful products including cards, stationery, photo books, gifts, and home decor. A variety of deals are available in the Tiny Prints Store and Snapfish Store with photo gifts, invitations, stationery and more, as well as the Spoonflower Global Marketplace for personalized decorating. Shutterfly also offers an iPhone and Android app subscription service with GrooveBook that prints and ships a book containing up to 100 photos each month. Lifetouch has been the national leader in school photography for over 85 years, serving more people through partnerships with portrait studios, including JCPenney Studios. BorrowLenses offers high-quality photo and video rentals for budding photographers. And for business needs, Shutterfly Business Solutions provides digital printing services that enable effective and efficient customer engagement through personalized communications and services. Shutterfly is majority owned by certain investment funds managed directly or indirectly by Apollo Global Management, Inc. (NYSE: APO) and its subsidiaries and affiliates. For more information on Shutterfly, visit www.shutterflyinc.com. Follow us on social media @shutterfly