Rent The Runway Reaffirms 2026 Guidance as CEO Announces Successor

Rent the Runway announced an upcoming CEO transition Wednesday (May 13), saying that Co-founder Jennifer Hyman will step down as CEO, president and board member on Friday (May 15) and be succeeded by Board Member Teri Bariquit , who will serve as interim CEO and president. Bariquit will lead the company alongside the executive leadership team, while Executive Chairman Dhiren Fonseca and the board of directors will conduct a search for the company’s next permanent CEO and Hyman will remain an adv