The Estée Lauder Companies has named two new members to its Board of Directors. Jennifer Hyman, Co-Founder and Chief Executive Officer of Rent the Runway; and Jennifer Tejada, Chief Executive Officer of PagerDuty, bring the total number of board members to 17, eight of whom are women. The addition of both women brings the board to near gender parity.
“We are very excited to welcome Ms. Hyman and Ms. Tejada to our Board of Directors,” said William P. Lauder, Executive Chairman. “Ms. Hyman brings her very impressive creativity and know-how in the worlds of entrepreneurship, disruptive retail, the millennial consumer and omnichannel. Ms. Tejada has tremendous experience in digital, mobile, software and consumer goods. These backgrounds and experiences will allow our new directors to provide valuable, practical perspectives to our Board as our company continues to grow by offering innovative products and experiences for our global consumers.”
Jennifer Hyman, 37, founded Rent the Runway in 2009, which rents designer apparel and accessories to women.She has grown the business to include nine million members, 1,200 employees and 500-plus designer brands.
Jennifer Tejada, 47, oversees the digital operations management platform, PagerDuty, which has doubled its revenue, grown its customer portfolio to more than 10,000 businesses and expanded its global footprint in key international markets such as Europe, the Middle East, Africa and Asia-Pacific.