Chief of Staff Senior Director, Rent the Runway
$219.2-274k
More information about location
4 days a week in office (Brooklyn, NY)
Women's clothing subscription service
Open for applications
Women's clothing subscription service
1001+ employees
Open for applications
$219.2-274k
More information about location
4 days a week in office (Brooklyn, NY)
1001+ employees
Company mission
Rent the Runway's mission is to power women to feel their best every day.
Role
Who you are
- Education: MBA Preferred
- Experience: 8+ years of work experience, ideally a blend of:
- An analytical and strategy-focused role, ideally from a from a top-tier management consulting firm, investment bank, or similar environment
- An operating role working with executive level stakeholders to drive significant impact across a business
- Communication: Impeccable written and verbal communication and presentation abilities. You must be able to interact with individuals at all levels, including senior executives and board members, handling sensitive situations with poise and discretion. Corporate comms experience a plus
- Strategic Acumen: You have the ability to identify, analyze and make recommendations regarding overall company strategy, strategic opportunities, etc
- Operator’s Mindset: A natural multitasker with a nimble business mind. You are focused on developing creative solutions and can juggle multiple competing tasks and demands without losing attention to detail
- Financial Analysis: Strong financial analysis skillset, able to assess, analyze and model financial outcomes of strategic projects, opportunities, etc
- Scoping Work: Skilled at tackling ambiguous problems and defining and executing strategies that clarify the problem statement, drive alignment, and deliver quantifiable business impact
- High-Velocity Environment: Thrives in a dynamic, fast-moving organization with a high level of autonomy and responsibility
- Stakeholder Management: Ability to manage multiple stakeholders with varying priorities and drive creative solutions and commitment to a shared goal
- Dual-Focus: A "no task is too small" mindset, combined with the ability to think strategically at a 30,000-foot view
- Passion: Experience in or a strong passion for fashion-tech, e-commerce, or the resale economy
What the job involves
- This central role directly supports CEO Jenn Hyman, a recognized leader in business and innovation
- Jennifer Hyman led RTR to be the only company ever to IPO with an all-female CEO, CFO and COO, and was named to the TIME 100 list of the world's most influential people
- The Chief of Staff serves as the singular liaison with the CEO, acting as both a strategic partner and operational pivot point, ensuring the CEO's focus remains on the most critical priorities
- You will understand the macro picture of RTR’s business, ensuring alignment across the organization behind RTR’s critical priorities and their flawless execution
- You will lead the storytelling around RTR’s business to internal and external audiences - from company town halls to board materials to external presentations
- You will partner with our CEO to identify, prioritize, scope and execute on strategically significant opportunities - from M&A to Strategic Partnerships to new product initiatives
- You will manage our CEO’s brand and communications strategy as a strategic asset of Rent the Runway, including managing our Deputy Chief of Staff for tactical time management
- Facilitate Executive Operating Model: Steward and manage the "rhythm of the business" for the company's leadership. This includes: stewarding the quarterly and semi-quarterly planning process, managing quarterly earnings announcement processes, tracking company-level OKRs, and setting the agenda and cadence for executive and all-hands meetings
- Own High-Stakes Communications & Materials: Lead the creation, research, and refinement of materials for high-stakes audiences, including Company Town Halls, Board of Directors meetings, investor communications, and external C-level conversations
- Serve as a Strategic & Operational Partner to the CEO: Identify, evaluate and execute cross-functional, special initiatives, both internal (high-profile company priorities) and external (M&A, strategic investments, and strategic partnership opportunities), acting as an extension of the CEO when necessary
- Administrative Support for the CEO: Meticulously manage all aspects of our CEO’s business calendar, schedule, travel, and Board of Directors meeting scheduling and coordination, including managing our Deputy Chief of Staff for support
Our take
Rent the Runway seeks to profit from two important trends in apparel consumption: wanting to stay on top of the latest fashion trends while living and purchasing sustainably. By providing a platform for women to rent designer pieces, its users can have it all.
The company allows users to rent, subscribe, or buy designer apparel and accessories. It achieves this with its network of partnerships with hundreds of top designers and managing the crucial but complicated logistics in-house. It offers its partnered brands sophisticated analytics about potential customers in return for lower prices on designer garments.
Rent the Runway is now focused on diversifying revenue streams while reducing its costs. Its recent partnership with Amazon is an example of this new direction: while it will use this channel to sell clothes previously rented through its platform, it will, for the first time, be selling new clothes based on rental items modified in line with market data.
While moves such as this may well shift Rent the Runway towards profitability, it also risks undercutting the company's central message of sustainability and supporting the circular economy. The company believes that by creating better quality clothing, it will nonetheless be aiding in the fight against fast fashion. Time will tell if this move helps or hinders the sustainability movement, but it is likely to boost Rent the Runway's bottom line regardless.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Apr 2020
$80m
SERIES G
Mar 2019
$125m
SERIES F
Total funding: $401.2m
Company benefits
- Generous Paid Time Off including annual leave, paid bereavement, and family sick leave - every employee needs time to take care of themselves and 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
- Exclusive employee subscription and rental discounts
- 401k match
- Work from home opportunities
- Comprehensive health, dental care and dependents care from day 1 of employment - Your health comes first and we’ve got you covered.
- Competitive Stakeholder Pension - taking care of your future
- Company wide events and outings - our team spirit is no joke - we know how to have fun!
- Hybrid Work - our corporate employees have the option to work remotely 3 days a week, in accordance with Company policies
Company HQ
Hudson Square, New York, NY
Leadership
Jennifer Hyman
(Co-Founder, CEO & Chairman of the Board)Prior to Rent the Runway, was director of business development at IMG where she focused on the creation of new media businesses for IMG's fashion division.
Salary benchmarks
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