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Barbara Rentler

From Wikipedia, the free encyclopedia

Barbara Rentler
Occupation(s)CEO, Ross stores
Years active1986–present
SpouseJames Tighe[1]

Barbara Rentler (born between 1947 and 1948[2]) is a businesswoman, and the current CEO of Fortune 500 company Ross Stores Inc.[3]

Career

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Rentler joined Ross Stores in February 1986.[4] She held a variety of merchandising jobs until February 2001, when she became Senior Vice President and General Merchandise Manager at Ross Dress for Less.[4] Rentler held those positions until January 2004, when she became Senior Vice President and Chief Merchandising Officer at dd's DISCOUNTS.[5][non-primary source needed]

From February 2005 until December 2006, Rentler served as Executive Vice President and Chief Merchandising Officer of dd's DISCOUNTS. Beginning in December 2006 Rentler took on the responsibility of Executive Vice President of Merchandising. She was responsible for all Ross Apparel and Apparel-related products.[6]

In December 2009, she was appointed the President and Chief Merchandising Officer at Ross Dress for Less. After less than five years, Rentler was promoted to chief executive officer on May 7, 2014. On June 1, 2014, she took over as CEO upon the retirement of the previous CEO, Michael Balmuth.[3][7][8]

Rentler was the only woman among 100 individuals named to Forbes' "America's Most Innovative Leaders" list in 2019.[9][10]

In March 2021, Ross Stores announced her appointment as Vice Board Chair, effective May 19, 2021.[11]

While Rentler was expected to stay on as CEO of Ross Stores through 2026,[12] it was announced in October 2024 that James Conroy will succeed Rentler as the company’s new CEO effective February 2, 2025.[13]

Compensation

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In 2023, Rentler received total compensation from Ross Stores of $18.1 million, or 2,100 times what the median employee at Ross Stores earned that same year.[14]

References

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  1. ^ Solomont, E.B. (June 15, 2016). "Ross Stores' Barbara Rentler bags $19M penthouse at Greenwich Lane". The Real Deal New York Real Estate News. Retrieved September 8, 2019.
  2. ^ "Ross Stores 2018 Annual Report" (PDF).
  3. ^ a b Rupp, Lindsey (May 8, 2014). "Ross Stores' Rentler to Be 25th Female CEO in Fortune 500". Bloomberg. Retrieved December 11, 2014.
  4. ^ a b Berman, Nat. "10 Things You Didn't Know About Ross Stores CEO Barbara Rentler". Money Inc. Retrieved September 8, 2019.
  5. ^ "Ross Dress For Less, Corporate Governance, Directors And Officers".
  6. ^ "Barbara Rentler Chief Executive Officer, Ross Stores Inc". www.bloomberg.com.
  7. ^ "Barbara Rentler". Forbes. Retrieved December 11, 2014.
  8. ^ "Barbara Rentler". September 18, 2014.
  9. ^ "America's Most Innovative Leaders". Forbes. Retrieved September 8, 2019.
  10. ^ Tenbarge, Kat (September 8, 2019). "Forbes published a list of America's 100 'most innovative' leaders, and 99 of them are men". Business Insider. Retrieved September 8, 2019.
  11. ^ "Ross Stores (ROST) Expects to Name George Orban as New Board Chair and CEO Barbara Rentler as New Vice Chair; Elects COO Michael Hartshorn to Board". StreetInsider.com. Retrieved April 7, 2021.
  12. ^ "Barbara Rentler to stay on as Ross CEO through 2026". Retail Dive. Retrieved July 21, 2023.
  13. ^ https://fashionunited.uk/news/people/james-conroy-to-succeed-barbara-rentler-as-ross-stores-ceo/2024102978272
  14. ^ Sainato, Michael (August 29, 2024). "CEOs with lowest-paid US workers 'focused on own short-term windfall' – report". The Guardian. ISSN 0261-3077. Archived from the original on August 30, 2024. Retrieved August 31, 2024.