Ryder(US:R) Businesswire·2025-12-12 11:55Core Viewpoint - Ryder System, Inc. announces the retirement of Chairman and CEO Robert E. Sanchez effective March 31, 2026, with John J. Diez set to succeed him as CEO on the same date, as part of a planned succession strategy [1][2]. Group 1: Leadership Transition - Robert E. Sanchez has been with Ryder since January 2013 as CEO and May 2013 as Chairman, and will transition to the role of executive chair to facilitate a smooth leadership change [2]. - John J. Diez, currently President and COO, has been with Ryder for over 20 years and has a strong track record in various leadership roles, including executive vice president and CFO [3][5]. Group 2: Company Strategy and Performance - Sanchez has been credited with delivering excellent results and record shareholder value through a balanced growth strategy that has improved returns and transformed Ryder's business profile [3]. - Diez expressed confidence in continuing Ryder's growth, particularly as supply chain complexities increase and demand for port-to-door services rises [3]. Group 3: Company Overview - Ryder System, Inc. is a fully integrated logistics and transportation company providing a range of services including supply chain solutions, dedicated transportation, and fleet management across the U.S., Mexico, and Canada [5]. - The company manages nearly 250,000 commercial vehicles and operates approximately 300 warehouses, totaling over 100 million square feet [5].