Rent the Runway Appoints Dhiren Fonseca as Executive Chairman to Accelerate Growth
Dhiren Fonseca has been appointed Executive Chairman of Rent the Runway’s board, bringing over 30 years of digital commerce and marketplace scaling experience. He joined in October 2025 and will leverage his experience at Expedia and RentPath to drive platform innovation, deepen supplier partnerships and support profitable growth.
1. Appointment Details
On March 9, 2026, Rent the Runway elevated Dhiren Fonseca to Executive Chairman of its Board of Directors. He has served on the board since October 2025 and will now lead governance and strategic oversight for the company’s digital marketplace.
2. Executive Chairman Background
Fonseca holds over 30 years of leadership in digital commerce, private equity and travel sectors, including roles as Chief Commercial Officer at Expedia and CEO of RentPath. His track record in scaling complex platforms positions him to guide technological innovation and supplier integration.
3. Strategic Implications
In this role, Fonseca will focus on driving platform innovation, deepening partnerships with designer brands and optimizing operational efficiency. His appointment is expected to support Rent the Runway’s profitable growth and expansion of its “Closet in the Cloud” model.