The CEO of Rent the Runway, Jenn Hyman, makes a total yearly compensation of $6.05 million.
CEO Compensation Breakdown
Jenn Hyman, who was appointed CEO in November 2008 and has a tenure of over 16 years, receives her annual compensation through a combination of salary and various bonuses.
Here's a detailed look at her total compensation:
| Component | Percentage of Total Compensation | Amount (Approximate) |
|---|---|---|
| Salary | 10.7% | $647,350 |
| Bonuses | 89.3% | $5,402,650 |
| Total Compensation | 100% | $6,050,000 |
The bonus component primarily includes company stock and options, aligning her incentives with the company's performance and long-term growth.
Additional Holdings
Beyond her annual compensation, Jenn Hyman also holds a significant stake in Rent the Runway:
- Direct Share Ownership: She directly owns 2.99% of the company's shares.
- Value of Shares: These shares are valued at approximately $971.58 thousand.
This ownership stake further demonstrates her vested interest in the success and valuation of Rent the Runway.
