What are the responsibilities and job description for the VP, Corporate and Business Development position at Advance Venture Partners?
About Us :
Please make sure you read the following details carefully before making any applications.
Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel and accessories from hundreds of brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”
About the Job :
We are seeking a visionary and results-oriented Vice President, Corporate and Business Development whose primary goals will be focused on driving significant growth and scale of the RTR business. This role reports to our CEO / Founder and will have 4 primary responsibilities :
- Corporate Development - Evaluate and execute M&A, strategic investment and strategic partnership opportunities for RTR to grow the scale of our customers, revenue and financial profile.
- New Business Opportunities - This role will be responsible for incubating and launching new businesses and / or revenue lines for RTR that have the potential for significant scale. You will lead a cross-functional team of engineers, product execs, designers, merchandisers and marketers to concept, test and build these businesses. Our expectation is that you will own a minimum $10M P&L in year one of your creation.
- Strategic Partnerships - Drive strategic partnerships between Rent the Runway and other companies that drive significant customer acquisition. You will be responsible for building and scaling RTR's partner ecosystem and optimizing our current partner relationships to drive revenue and brand impact.
- Sales - Build and run a sales team that leverages the assets of RTR to generate advertising dollars.
About You :
Benefits :
At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to :
Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis.
The anticipated base salary for this position is $238,400 to $298,000. The actual base salary offered will depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held. This position is also eligible for incentive and equity compensation.
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Salary : $238,400 - $298,000
