MIAMI--(BUSINESS WIRE)--
Ryder
System, Inc. (NYSE: R), a leader in transportation and supply chain
management solutions, today announced that
Thomas F. Pettit
has joined
the Supply
Chain Solutions business segment as Senior Vice President and
General Manager. In this role, reporting to
John Williford
, President,
Global Supply Chain Solutions, Mr. Pettit is responsible for leading the
operations of Ryder’s supply chain industry groups, including Automotive
& Industrial, Hi-Tech/Electronics, Consumer Packaged Goods, and Retail.
Thomas F. Pettit
, senior vice president and general manager of Ryder Supply Chain Solutions (Photo: Business Wire)
“Tom has a proven track record using lean practices to drive great
execution and innovation,” said Mr. Williford. “We are very pleased to
welcome Tom to Ryder and look forward to his leadership as our team
continues to accelerate profitable growth.”
Mr. Pettit has succeeded
Thomas Jones
, who has retired after a
successful 24-year career with the company. Mr. Pettit brings to Ryder
outstanding experience from a 20-year career in operations and supply
chain management. For the past five years, he served as Vice President
of Global Operations and Supply Chain for Pentair, Ltd., a $7.5 billion
global company that delivers industry-leading products, services and
solutions for customers’ needs in water/fluids, thermal management and
equipment protection. He led Operations and Supply Chain for Pentair’s
$3.5 billion diversified products business, where he managed the global
manufacturing, distribution, transportation, real estate, sourcing, and
lean enterprise across eight divisions and over 10,000 operations
employees.
Prior to Pentair, Mr. Pettit served as Vice President, Finance and
Operational Transformation for ADC Telecommunications, Inc. In this
role, he led a global finance team of more than 100 employees to improve
value creation for the publicly traded $1.3 billion global
telecommunications equipment company. Earlier in his career was a
Corporate Sourcing Leader at General Electric, and the Product
Management Leader of Global Parts and Services for GE Transportation.
Before GE he was a consultant for McKinsey and Company, and an Engineer
officer in the US Army.
Mr. Pettit holds a Bachelor of Science degree in Economics from the
United States Military Academy at West Point in New York and an MBA in
Finance from the University of Hawaii.
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 a top third party logistics provider and green supply chain partner.
Ryder has also been ranked three years in a row as one of the top 250
U.S. companies in the Newsweek Green Rankings. In addition, 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, visit www.ryder.com
and follow us on Facebook,
YouTube,
and Twitter.
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.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130208005047/en/
Source: Ryder System, Inc.