Rent The Runway CEO Steps Down, Reaffirms Guidance

Rent the Runway is undergoing a leadership change as co-founder Jennifer Hyman prepares to step down from her CEO, president, and board roles. Effective May 15, Hyman will be succeeded by current board member Teri Bariquit, who will assume the interim CEO and president positions. Bariquit will guide the company with the support of the existing executive leadership team. Despite this transition, Rent the Runway has reaffirmed its financial guidance for the year 2026, signaling continued confidence in its long-term business strategy and operational outlook.