About Us:
Rent the Runway (RTR) is transforming the way we get dressed by pioneering the worlds first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable & financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories & home decor from 700+ brand partners & has built in-house proprietary technology & a one-of-a-kind reverse logistics operation. Under CEO & Co-Founder Jennifer Hymans leadership, RTR has been named to CNBCs Disruptor 50 five times in ten years, & has been placed on Fast Companys Most Innovative Companies list multiple times, while Hyman herself has been named to the TIME 100 most influential people in the world & as one of People magazines Women Changing the World.
About the Job:
The VP of Investor Relations will lead the planning, development & execution of all investor relations activities of Rent the Runway. This position dual reports directly into the Founder/CEO & Chief Financial Officer.
In this role you will be responsible for effectively representing the company within the investment community, communicating & evangelizing RTRs strong consumer vision, disruptive positioning & equity story while working hand in hand with key leaders across finance, legal communications & the business. This person will lead the function, define & execute the strategy. We hope to grow a team over time.
The ideal candidate is a proven leader with outstanding sales, communications & interpersonal skills in addition to strong analytical & financial expertise. Given the current state of the market & the companys market cap, you will be responsible for building our public story, identifying the best potential investors & cultivating relationships with them. You will serve as a strategic thought partner to the executive team in ensuring that the investor relations plan supports maximizing long-term & sustainable value creation.
This position is based in our Brooklyn, NY corporate headquarters. We operate under a hybrid model where employees are in the office on Tuesdays, Wednesdays & Thursdays.
What Youll do:
- Translate RTRs vision, strategic business initiatives, & financial strategy into an investor relations strategy, framework, & roadmap that develops investor confidence for delivering shareholder value.
- Collaborate with business partners to present consistent strategic messaging internally & externally.
- Lead ongoing communication of RTRs financial results, strategy, growth opportunities & business initiatives to shareholders & analysts. This includes developing a clear strategy, timeline & calendar for all investor relations activities.
- Lead & supervise an effective & efficient quarterly earnings process. Develop key messages, perform analysis on results, prepare filings, draft the earnings release, conference call script, investor deck, Q&A responses, & other materials & presentations.
- Develop a systematic approach to identifying, targeting, & converting new investors. Research & identify analysts & investors that the company should pursue & take action to build relationships. Understand all relevant indexes & develop a strategy for the company's inclusion.
- Oversee the investor relations website in partnership with members of the senior leadership team.
- Lead a continuous review of peers & industry participants as well as overall leading indicators to provide relevant & actionable business, industry, competitive, & market insights to key internal partners & to guide communications with investor & research community, as well as earnings release strategy.
- Ensure adherence to regulatory disclosure requirements & provide advice, counsel, & guidance internally on disclosure policies & related issues. Serve as an adviser to the chief executive officer, chief financial officer, & other senior leaders on issues involving the public distribution of financial information & other material disclosures.
About You:
- Undergraduate degree required, MBA preferred.
- 15+ years of experience including senior-level strategic finance experience in investor relations, public equity analysis and/or investment banking required.
- Experience in IR within a publicly traded company is preferred; Experience in IR is required.
- Established strong reputation with the investment community, based on credibility, consistency, visibility, access, & depth & breadth of knowledge.
- Outstanding oral & written communication skills & presentation skills, including technical writing experience with the ability to communicate financial & other industry specific information to a sophisticated audience.
- Demonstrated financial acumen skills & knowledge of accounting, financial analysis, & valuation.
- Ability to synthesize business & financial information clearly; translate & effectively communicate analytical data to non- technical professionals.
Benefits:
At Rent the Runway, were committed to the wellbeing of our employees, & aim to create a workplace that fosters both personal & professional growth. Our inclusive benefits include, but are not limited to:
- Paid Time Off including vacation, paid bereavement, & family sick leave - every employee needs time to take care of themselves & their family.
- Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
- Paid Sabbatical after 5 years of continuous service - Unplug, recharge, & have some fun!
- Exclusive employee subscription & rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
- Comprehensive health, vision, dental, FSA & dependent care from day 1 of employment - Your health comes first & weve got you covered.
- 401k match - an investment in your future.
- Company wide events & outings - our team spirit is no joke - we know how to have fun!
- Hybrid Work - our corporate employees have the option to work remotely 2 days a week, in accordance with Company policies.
COVID-19 VACCINE REQUIREMENT:
RTR is requiring all US corporate employees to be fully vaccinated for COVID-19 in order to work in person, unless an employee requires a reasonable accommodation for medical or religious reasons. If you believe that you may require an accommodation, please apply for any roles that interest you & if hired, you will receive information on how to request a reasonable accommodation after your start date. RTR will evaluate all such requests in accordance with Company policy & applicable law.
Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 & over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing & characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.
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The anticipated base salary for this position is $240,000 - $300,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held. This position is also eligible for equity compensation.
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