Rent the Runway names Paige Thomas CEO, lifts revenue guidance
Rent the Runway said Paige Thomas will become chief executive officer effective Sept. 14, succeeding interim CEO Terry Barackwit. The company reported second-quarter revenue of $98 million, up 21% from a year earlier, and reaffirmed fiscal 2026 guidance for double-digit revenue growth and adjusted EBITDA of 4% to 7%.