MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE:R), today announced that Global Supply Chain
Solutions (SCS) President John H. Williford will retire in March of
2015. At that time, the dedicated services business will report directly
to Chairman and Chief Executive Officer Robert E. Sanchez. All other
supply chain business will remain consolidated under a new President of
Global Supply Chain Solutions, also reporting directly to Mr. Sanchez.
This will increase the focus on the industry groups served within SCS,
and elevate the profile of the Ryder Dedicated product line. Senior Vice
President of Ryder Dedicated John J. Diez will be named President of
Ryder Dedicated. The Company will conduct an external and internal
search to name a President of Ryder’s Global Supply Chain Solutions
business. Until the time of Mr. Williford’s departure, current lines of
reporting will remain in place within SCS, including Ryder Dedicated.
Mr. Williford joined Ryder in 2008 as President of Global Supply Chain
Solutions, responsible for management, operations, sales and marketing,
and the financial performance of Ryder’s Supply Chain Solutions business
segment. He has also served as a member of Ryder’s Executive Leadership
Team.
Commenting on the announcement, Mr. Sanchez said, “We thank John for
leading a strong and successful supply chain business and his many
contributions to Ryder over the years. We are well positioned to build
on this success and have a team of experienced, capable leaders in place
to continue to grow our supply chain and dedicated businesses, and to
deliver best-in-class execution for our customers.”
Mr. Diez, currently Senior Vice President of Dedicated with full
responsibility for the product line, has successfully held key
operational and financial positions at Ryder since joining the Company
in 2002. Mr. Diez previously served as Senior Vice President of Asset
Management, with profit and loss responsibility for the Company’s truck
rental and used vehicle sales product lines. Mr. Diez has also served as
Senior Vice President of Global Field Finance where he held financial
reporting responsibilities for both the SCS and FMS business segments.
Prior to that role he was the Chief Financial Officer of Fleet
Management Solutions (FMS).
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 two 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.
Source: Ryder System, Inc.