Rent the Runway reaffirms 2026 guidance as CEO announces successor.

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  "signal_type": "news",
  "signal_subtype": "leaves",
  "detected_at": "2026-05-13T00:00:00+00:00",
  "company": {
    "name": "Rent the Runway",
    "domain": "renttherunway.com"
  },
  "data": {
    "url": "https://www.pymnts.com/personnel/2026/rent-the-runway-reaffirms-2026-guidance-as-ceo-announces-successor",
    "title": "Rent the Runway reaffirms 2026 guidance as CEO announces successor.",
    "ticker": "NASDAQ:RENT",
    "contact": "Jennifer Hyman",
    "excerpt": "Rent the Runway reaffirms 2026 guidance as CEO announces successor.\n\nBy PYMNTS | May 13, 2026\n\nRent 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.\n\nBariquit 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 advisor to the company through January, Rent the Runway said in a Wednesday press release.\n\n\"Rent the Runway is stronger today than it has ever been, and that is exactly why this is the right moment for me to step down so Rent the Runway can write its next chapter,\" Hyman said in the release.\n\nHyman co-founded Rent the Runway in 2009 and led it through a completed initial public offering (IPO) in 2021.\n\nRent the Runway reaffirmed in the press release the full year 2026 guidance that it presented on April 14. That guidance includes double-digit revenue growth versus fiscal year 2025, an adjusted EBITDA margin of between 4% and 7%, and rental product acquired of between $45 million and $50 million, down from $74.9 million in fiscal year 2025, according to an April 14 earnings release.\n\nBariquit is...",
    "summary": "Jennifer Hyman left Rent the Runway as CEO on May 15th '26.",
    "location": "United States, Northern America, Americas",
    "planning": false,
    "image_url": "https://www.pymnts.com/wp-content/uploads/2024/01/Rent-the-Runway-2.jpg",
    "job_title": "CEO",
    "confidence": 0.7297,
    "published_at": "2026-05-13T15:23:30Z",
    "location_data": [
      {
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-05-15",
    "job_title_tags": [
      "directors"
    ],
    "article_sentence": "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."
  }
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