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- Departure Of Ceo (new) — The company's CEO and co-founder resigned from both executive and board roles, creating leadership uncertainty during the search for a permanent replacement.
Rent the Runway CEO Jennifer Hyman resigns; board member Teri Bariquit named interim CEO
Filed May 13, 2026 · Period ending May 12, 2026 · ~1 min read
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CEO and co-founder Jennifer Hyman resigned effective May 15, 2026, from both executive and board roles. The company states her departure was not due to disagreement on operations or policies.
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Board member Teri Bariquit, 65, appointed interim CEO. She brings 37 years at Nordstrom including Chief Merchandising Officer role from 2019-2023. She'll receive $50K monthly plus up to 100K performance stock units.
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Hyman will serve as paid advisor through January 2027 at $62,500 monthly. She keeps a $1.59M transaction bonus paid in October 2025, gets immediate vesting of 103,047 RSUs, and receives subsidized health benefits through November 2027.
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Source-verified from EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify