Ryder Taps Veteran Insider As Next CEO, Stock Slides - Ryder System (NYSE:R)

Ryder Outlines 2026 Succession Plan for New CEO

“I’ve had the privilege of working alongside the most talented and dedicated professionals in our industry to deliver for our employees, customers and shareholders,” CEO Robert Sanchez said.

Ryder Taps Veteran Insider As Next CEO, Stock Slides - Ryder System (NYSE:R)

Ryder System, Inc. (NYSE:R) stock fell Friday after the logistics provider announced a planned CEO transition, signaling a leadership handoff next year that investors weighed for its near-term impact on strategy and continuity. The company said longtime Chief Executive Officer Robert E. Sanchez will step down next year. Sanchez will retire effective March 31, 2026. The company said Sanchez will continue serving as executive chair to support cont…

Ryder CEO to retire, successor named

COO John Diez will take over when Robert Sanchez retires early next year.