MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, today announced that David G. Nord and Dmitri L.
Stockton have been elected to its Board of Directors, effective March 1,
2018.
“The Board nominated both Mr. Nord and Mr. Stockton as directors for
their impressive leadership experience,” said Robert Sanchez, Ryder
Chairman and CEO. “Mr. Nord’s experience in global operations and strong
financial acumen and Mr. Stockton’s expertise in risk management,
governance, finance, and asset management are skills that complement the
other skills represented on our Board.”
Mr. Nord serves as Chairman, President and Chief Executive Officer of
Hubbell Incorporated, an international manufacturer of electrical and
electronic products for a broad range of non-residential and residential
construction, industrial, and utility applications. Mr. Nord has held
this position since May 2014, and prior to that, served as President and
Chief Executive Officer of Hubbell since January 2013. Mr. Nord joined
Hubbell in 2005 as Senior Vice President and Chief Financial Officer.
Prior to joining Hubbell, Mr. Nord held various senior financial
positions at United Technologies Corporation, including Vice President
and Controller as well as Vice President of Finance and Chief Financial
Officer of Hamilton Sundstrand Corporation, one of its principal
subsidiaries.
Mr. Stockton most recently served as Senior Vice President and Special
Advisor to the Chairman of General Electric Company (GE) from 2016 until
his retirement in 2017. Mr. Stockton joined GE in 1987 and held various
positions of increasing responsibility during his 30-year tenure. From
2011 to 2016, Mr. Stockton served as Chairman, President and Chief
Executive Officer of GE Asset Management, a global asset management
company affiliated with GE, and as Senior Vice President of GE. From
2008 to 2011, he served as President and Chief Executive Officer for GE
Capital Global Banking and Senior Vice President of GE in London, UK. He
previously also served as President and Chief Executive Officer for GE
Consumer Finance for Central and Eastern Europe.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder’s stock
(NYSE:R) is a component of the Dow Jones Transportation Average and the
S&P MidCap 400® index. Ryder has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. The Company is a proud member
of the American Red Cross Disaster Responder Program, supporting
national and local disaster preparedness and response efforts. For more
information, visit www.ryder.com,
and follow us on our Online
Newsroom and social media pages: Facebook,
LinkedIn,
Twitter,
Instagram,
and YouTube.
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.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20180209005771/en/
Ryder System, Inc.
Jennifer Hanlon, 305-500-4547
jennifer_a_hanlon@ryder.com
or
Claudia
Panfil, 305-500-3668
claudia_panfil@ryder.com
Source: Ryder System, Inc.