Sector veteran John J. Diez named to best money job Ryder functions chief Tom Havens appointed head of fleet business enterprise

Ryder Process, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet administration options, these days announces the appointment of John J. Diez to executive vice president and chief economical officer (CFO). Mr. Diez succeeds Scott T. Parker, who resigned from his posture to pursue other chances and will keep on being with Ryder via June 4, 2021 to make sure a smooth transition.

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Ryder System, Inc. (NYSE: R) appoints John J. Diez to its top economical purpose as chief financial officer (CFO). (Image: Small business Wire)

Mr. Diez, most not long ago president of Ryder’s Fleet Management Methods (FMS) business enterprise, will oversee all of Ryder’s financial administration features such as finance and accounting, treasury, tax, audit, corporate tactic, and trader relations.

During his 20-calendar year tenure at Ryder, Mr. Diez has held a assortment of senior operational and money administration roles with growing duty. Prior to serving as president of Ryder’s FMS business enterprise, he was president of the company’s Focused Transportation Remedies (DTS) business unit the place he led sturdy revenue development and enhanced business returns. In addition, Mr. Diez has intensive market and finance working experience, owning served as Ryder’s senior vice president of area finance, CFO for the FMS company phase, senior vice president of asset management, and assistant controller for the enterprise. Prior to signing up for Ryder in 2002, Mr. Diez started his job in the audit apply of KPMG LLP. Mr. Diez is a accredited Licensed General public Accountant.

As portion of this organizational improve, Tom Havens, most recently senior vice president and world wide chief of operations for the FMS business considering that 2012, has been named president of Ryder’s FMS organization device. With this advertising, Mr. Havens joins Ryder’s government management workforce and reports to Ryder Chairman and Main Government Officer Robert E. Sanchez.

Mr. Havens is a 28-yr veteran of Ryder. More than the training course of his Ryder vocation, he has held a variety of positions of rising responsibility, such as head of operations for Ryder’s west location, common supervisor for FMS in Canada, vice president of asset administration and car or truck sales, and many positions in the rental group where by he began as a rental representative in 1993.

“I am pleased we ended up ready to fill these critically critical and strategic roles with exceptionally talented enterprise leaders from within just the organization,” suggests Mr. Sanchez. “Both John and Tom have robust keep track of data in being familiar with the exclusive wants of our business, when offering transformational finance and enterprise general performance outcomes.”

“On behalf of Ryder, I would like to thank Scott for his enthusiasm and travel for our financial effectiveness, positioning us nicely for the future,” adds Mr. Sanchez. “We desire him all the best in his foreseeable future endeavors.”

Notice: Headshots of Mr. Diez and Mr. Havens are obtainable in the Ryder Newsroom and BusinessWire.

About Ryder

Ryder System, Inc. (NYSE: R) is a primary logistics and transportation corporation. It supplies provide chain, committed transportation, and fleet management alternatives, including entire company leasing, rental, and servicing, utilised vehicle profits, expert drivers, transportation providers, freight brokerage, warehousing and distribution, e-commerce achievement, and last mile shipping companies, to some world’s most-identified manufacturers. Ryder gives companies all over the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages approximately 235,000 professional motor vehicles and operates far more than 300 warehouses encompassing somewhere around 64 million square feet. Ryder is routinely identified for its industry-main techniques in third-social gathering logistics, know-how-driven improvements, commercial automobile upkeep, environmentally friendly alternatives, corporate social accountability, planet-course basic safety and safety packages, army veteran recruitment initiatives, and the choosing of a assorted workforce. www.ryder.com

Observe About Ahead-Wanting Statements: Particular statements and facts bundled in this news release are “forward-on the lookout statements” within the that means of the Federal Personal Securities Litigation Reform Act of 1995. These ahead-looking statements are based on our existing strategies and expectations and are subject matter to threats, uncertainties and assumptions. Appropriately, these forward-looking statements really should be evaluated with thing to consider supplied to the numerous challenges and uncertainties that could cause real benefits and functions to differ materially from individuals in the ahead-seeking statements including those people hazards set forth in our periodic filings with the Securities and Trade Fee. New challenges arise from time to time. It is not achievable for management to forecast all such possibility factors or to assess the effects of such risks on our enterprise. Appropriately, we undertake no obligation to publicly update or revise any ahead-seeking statements, no matter if as a end result of new details, potential functions, or otherwise.

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