Estée Lauder Appoints Two New Board Members

The Estée Lauder Cos. Inc. has appointed Rent the Runway chief executive officer Jennifer Hyman and PagerDuty ceo Jennifer Tejada to its board.The beauty company's board has increased to 17 members — eight, or 47 percent, are women.“We are very excited to welcome Ms. Hyman and Ms. Tejada to our board of directors,” said William P. Lauder, executive chairman of the Estée Lauder Cos. “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.”Hyman co-founded Rent the Runway in 2009. Today, the business has grown to offer subscription and on-demand apparel and accessories rentals to about nine million members, has 1,200 employees and works with more than 500 designer brands. Before Rent the Runway, Hyman was the director of business development at talent management business IMG.Tajeda runs an international digital operations management platform that provides services to more than 10,000 businesses. Before PagerDuty, Tejada was president and ceo of Keynote Systems, a software company specializing in performance analytics.