From the announcement:
This is my last communication as CEO of iStockphoto and SVP Consumer at Getty Images. It's been a difficult decision, but it’s the right moment to move on. I need more time with my family, and time to figure out what I'm going to do next. Anybody who knows me, knows I'm a bit of a workaholic. So I'm finally going to make some time for myself and the people in my life.
Bruce Livingstone sat on one of my panels during the CEPIC congress 2008 in Malta where iStock also organized an iStockalypse event. It was a great experience for everyone in the audience to listen to him. Finally he now has the time to care more about his family. Sooner or later we will see him acting again, in another new venture.