Craig Peters

Craig Peters is CEO of Getty Images, a visual media company based in Seattle, founded in 1995. Getty Images's most recent disclosed round was a Restructuring equity (prepackaged Chapte of $533M in October 2026.

1. 1995Founded

   Founded by Mark Getty and Jonathan Klein, going on to buy up many of the privately owned agencies that built the stock photography industry.

2. 2018Milestone

   The Getty family takes control of the company from Carlyle, which had bought it from Hellman & Friedman in 2012.

3. Jul 2022Milestone

   Lists on the New York Stock Exchange under the ticker GETY through a merger with a special purpose acquisition company.

4. Jan 2025Milestone

   Agrees a $3.7 billion merger with Shutterstock to combine the two largest stock image libraries.

5. Jul 2026Milestone

   Terminates the Shutterstock merger after the UK Competition and Markets Authority makes approval conditional on selling Shutterstock's global editorial business. Redeems the merger notes from escrow, draws its remaining revolver and hires Guggenheim Securities to review financing options.

6. Oct 2026Milestone

   Agrees a prepackaged Chapter 11 restructuring to cut debt and go private, with unsecured bondholders retiring $270 million of notes and secured lenders lowering interest and extending maturities.