Management ChangeJul 21, 2026, 04:22 PM
Getty Images Appoints Two New Directors; Hilary Schneider Resigns
AI Summary
Getty Images Holdings, Inc. announced the appointment of Elizabeth Abrams and Thomas Walper to its Board of Directors, effective July 20, 2026. Ms. Abrams will also join the Audit Committee. Concurrently, Hilary Schneider resigned from the Board and its Audit and Compensation Committees to focus on other professional commitments. Additionally, the company engaged Guggenheim Securities, LLC as a financial advisor to evaluate strategic financing alternatives and balance sheet management initiatives.
Key Highlights
- Elizabeth Abrams and Thomas Walper appointed as directors, effective July 20, 2026.
- Ms. Abrams will serve as a Class III director, Mr. Walper as a Class I director.
- Ms. Abrams also appointed to the Audit Committee, satisfying independence requirements.
- New directors to receive a monthly fee of $50,000, plus additional fees for time spent.
- Ms. Abrams will receive an additional $10,000 monthly fee for Audit Committee service.
- Hilary Schneider resigned from the Board, Audit, and Compensation Committees, effective July 20, 2026.
- Guggenheim Securities, LLC engaged as financial advisor for strategic financing alternatives.
Price Impact
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