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Ryder System, Inc. Elects Tammy Romo to Its Board of Directors
Businesswire· 2025-12-19 11:55
To learn more about Ryder's board of directors, please visit: https://investors.ryder.com/. MIAMI--(BUSINESS WIRE)--The board of directors of Ryder System, Inc. (NYSE: R) today announces the appointment of Tammy Romo, 63, to its board, effective January 5, 2026. Romo will serve as a member of the Audit and Finance Committees. "The board nominated Tammy as a director for her impressive results-oriented leadership style, proven ability to provide strategic oversight in complex public company settings, and her ...
Ryder Announces CEO Succession Plan
Businesswire· 2025-12-12 11:55
Core 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].
Leasys names Andrea Bandinelli as CEO
Yahoo Finance· 2025-12-03 14:48
Group 1 - Leasys joint venture has appointed Andrea Bandinelli as the new CEO, effective immediately [1] - Bandinelli has 25 years of experience in financial services, having held various leadership roles within Stellantis [2] - Under Bandinelli's leadership, Leasys aims to enhance customer-centric mobility offerings and expedite profitable growth in Europe's operational leasing market [2][3] Group 2 - Leasys oversees a fleet of 950,000 vehicles across 11 countries, providing a range of services from fleet management to rental contracts [3] - The company was formed through the merger of Leasys and Free2Move Lease businesses and operates in multiple European countries [4] - For the full year 2024, Leasys reported a profit before taxes of €173 million, reflecting a 1% year-over-year increase, with adjusted net income remaining at €112 million [4]
TomTom and GeoInt deepen partnership to drive innovation in African Telematics and Mobility
Globenewswire· 2025-11-06 06:30
Core Insights - TomTom has renewed its partnership with GeoInt, enhancing their collaboration in providing location-based solutions across various industries in Africa [1][9] - The partnership allows GeoInt to utilize TomTom's advanced APIs and map data for improved fleet management and operational efficiency [3][4] Company Overview - TomTom is a location technology specialist headquartered in Amsterdam, with over 30 years of experience in shaping mobility solutions [8] - GeoInt is a geospatial technology company focused on enhancing business and societal outcomes through data-driven insights, operating across Africa [9] Partnership Details - The renewed agreement enables GeoInt to leverage TomTom's maps, traffic, and geocoding APIs for real-time fleet tracking and route optimization [3][4] - This collaboration has been ongoing for more than two decades, reinforcing GeoInt's leadership in fleet management in Africa, with over 1.8 million connected vehicles in South Africa [4] Industry Impact - The integration of TomTom's location technology is expected to improve safety and operational efficiency for fleet operators [3] - The partnership aims to enhance logistics and fleet operations, providing localized accuracy and reliable support for connected mobility solutions [6]