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Press release from Business Wire

Shutterfly Elects Ann Mather and Michael Zeisser to Board of Directors

Tuesday, May 28, 2013

Shutterfly Elects Ann Mather and Michael Zeisser to Board of Directors

16:01 EDT Tuesday, May 28, 2013

REDWOOD CITY, Calif. (Business Wire) -- Shutterfly, Inc. (NASDAQ:SFLY), the leading manufacturer and digital retailer of high-quality personalized products and services, today announced the addition of Ann Mather and Michael Zeisser to its board of directors. Ms. Mather is a corporate finance executive who has driven global accounting and strategic business initiatives for some of the world's most recognized brand names including Pixar and Disney. Mr. Zeisser has worked in the consumer internet industry since its inception, first as a Partner with McKinsey & Company and then a senior deal-maker at Liberty Media.

“Ann Mather and Michael Zeisser are perfect additions to Shutterfly's board of directors, bringing their deep knowledge of eCommerce & consumer brands in the U.S. and abroad,” said Jeffrey Housenbold, president and chief executive officer at Shutterfly. “Their combined industry experience will be a tremendous asset to Shutterfly as we continue to expand our company footprint.”

In her time at Pixar, Ms. Mather was Executive Vice President and Chief Financial Officer, responsible for finance, administration, business affairs, investor relations and HR. She was Pixar's prime contact with Disney on distribution issues as part of the Disney/Pixar co-production agreement, and served as the Company Secretary. Prior to joining Pixar, Ms. Mather was Executive Vice President and Chief Financial Officer at Village Roadshow Pictures, as well as Senior Vice President at the Walt Disney Company, in the Buena Vista International Theatrical Division. Ms. Mather has also held executive positions with Alico (a division of AIG), and Paramount Pictures.

Ms. Mather serves or has served on the boards of Google (NASDAQ: GOOG), Glu Mobile Inc. (NASDAQ: GLUU), MoneyGram International, Inc. (NASDAQ: MGI), Netflix, Inc. (NASDAQ: NFLX), Solazyme, Inc. (NASDAQ: SZYM), Central European Media Enterprises Group (NASDAQ: CETV), (acquired by Amazon) and (acquired by eBay Inc). Ms. Mather has also been an independent trustee to the Dodge & Cox Funds board of trustees since May 2011. She holds a Master of Arts degree from Cambridge University in England and is a chartered accountant.

Most recently at Liberty Media, Mr. Zeisser led numerous M&A transactions in digital media, gaming, and commerce in the US and abroad. He created Liberty's eCommerce Group of companies, which comprises leading digital commerce brands such as,,,,,,,, and, and which generated over $1.5 billion in sales in 2012. Prior to joining Liberty Media in 2003, Mr. Zeisser was a partner at McKinsey & Company in New York, where he co-founded and led McKinsey's Internet Practice, in addition to being a member of the firm's Media & Entertainment and Private Equity practices. Mr. Zeisser was one of McKinsey's leading experts on internet businesses and digital transition strategies in the consumer media, advertising, travel, and packaged goods industries.

Mr. Zeisser has previously served on the boards of Trip Advisor (Nasdaq:TRIP) and IAC/InterActiveCorp. (Nasdaq:IACI). He is currently a member of the Advisory Board of the Silicon Flatirons Center for Law, Technology and Entrepreneurship at the University of Colorado, and the Media Advisory Group of the American Association for the Advancement of Science. Mr. Zeisser earned a business degree with honors from the University of Strasbourg, France and an MBA with distinction from the J.L. Kellogg Graduate School of Management at Northwestern University, where he was a Procter & Gamble International Academic Scholar.

About Shutterfly, Inc.

Shutterfly, Inc. is the leading manufacturer and digital retailer of high-quality personalized products and services offered through a family of lifestyle brands. Founded in 1999, the Shutterfly, Inc. family of brands includes: Shutterfly, where your photos come to life in photo books, cards and gifts; Tiny Prints, premium cards and stationery for all life's occasions; Wedding Paper Divas, wedding invitations and stationery for every step of the planning process; and Treat, personalized greeting cards that really stand out. For more information about Shutterfly, Inc. (NASDAQ:SFLY), visit

Shutterfly, Inc.
Investor Relations:
Michael Look, 650-610-5910
Media Relations:
Nicole Stier, 650-610-6013

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