MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE:R), a leader in transportation and supply chain
management solutions, today announced that Dennis C. Cooke has joined
Ryder’s Fleet
Management Solutions business segment as Senior Vice President and
Chief of Operations, U.S. and Canada. In this role, reporting to Ryder
President of Global Fleet Management Solutions Robert Sanchez, Mr. Cooke
will be responsible for leading the North America operations for the
company’s largest business segment, which manages a fleet of more than
180,000 vehicles from 850 locations, servicing the needs of more than
15,000 customers.
“Dennis has proven capability in building large teams that accelerate
growth, and has a track record of proven results in driving operational
efficiencies and increased profitability,” said Mr. Sanchez. “We are
pleased to welcome Dennis to Ryder and look forward to the benefits of
his strong leadership skills, as our team works to accelerate profitable
growth.”
Mr. Cooke joins Ryder following a 22-year career with GE and related
companies, where he progressed through numerous technical and general
management roles, leading large complex P&Ls and global functions in
both the healthcare and security industries.
After joining the GE organization in 1989, Mr. Cooke held positions of
increasing responsibility with GE Healthcare, including serving as Vice
President and General Manager of GE Healthcare’s Global MRI business
from 2000 to 2005. In this role, he had responsibility for $1.2 billion
of global revenue, with direct responsibility for all products planning,
marketing and engineering. Mr. Cooke later served as President and CEO
of GE Security’s Homeland Protection business. In this position, he had
full P&L responsibility and provided strategic leadership to a global
team of employees. Following the sale of GE’s Homeland Protection
business to Safran group in 2009, the business was renamed Morpho
Detection, Inc., and Mr. Cooke continued serving as President and CEO
and was named a Board Director.
Mr. Cooke earned his MBA from the University of Chicago, and holds both
master’s and bachelor’s degrees in Electrical Engineering from Purdue
University. He also is a Six Sigma Green Belt.
About Ryder’s Fleet Management Solutions Business
Fleet Management Solutions is Ryder’s largest business segment,
providing leasing, rental and programmed maintenance of trucks, tractors
and trailers to commercial customers.
About Ryder
Ryder is a FORTUNE 500® commercial transportation, logistics and supply
chain management solutions company. Ryder’s stock (NYSE:R) is a
component of the Dow Jones Transportation Average and the Standard &
Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder
as the top third party logistics provider and included Ryder in its 2010
and 2011 “Green Partners” listing. Ryder also ranked 114 out of the top
500 U.S. companies and sixth in its industry sector in the 2010 Newsweek
Green Rankings. Security magazine has named Ryder one of the top
companies for security practices in the transportation, logistics,
supply chain, and warehousing sector. Ryder is a proud member of the
American Red Cross Annual Disaster Giving Program, supporting national
and local disaster preparedness and response efforts. For more
information on Ryder System, Inc., visit www.ryder.com.
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are
"forward-looking statements" within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on our current plans and expectations and are
subject to risks, uncertainties and assumptions. Accordingly,
these forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such risks
on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise.
Source: Ryder System, Inc.