Online home furnishings company Wayfair has added e-commerce expert Romero Rodrigues to its board of directors.
Rodrigues, a 36-year-old Brazil native, is currently global CEO at South African company Naspers, which acquired his company Buscape in 2009 for $374 million.
“E-commerce is an exciting, fast growing market sector in the world's economy and Wayfair is poised to be a major player in that growth,” Rodrigues said. “I am delighted to join Wayfair's board of directors and look forward to contributing to the company's continued success.”
Rodrigues stared Buscape as a site for comparison-shopping among online consumers in Latin America, and it now has 20 sites and various affiliates. Before Naspers purchased it, Rodrigues oversaw some 15 acquisitions and received funding from sources like Merrill Lynch and Great Hill Partners. At Naspers, Rodrigues oversees sources for comparison-shopping in emerging markets like Italy and Poland.
"Romero is an exceptionally talented businessman and a great visionary in the e-commerce world," Wayfair CEO, co-chairman and -founder Niraj Shah said. "We are honored to have him join our board and welcome his guidance as we continue to build Wayfair globally as a leading online destination for home goods."