Ryder System, a provider of transportation and supply chain management solutions, announced Wednesday, Oct. 17, that Robert E. Sanchez has been named executive vice president and chief financial officer. Sanchez replaces Mark T. Jamieson, who is leaving Ryder to become the chief financial officer at HD Supply, a wholesale building material distribution company headquartered in Atlanta.
Prior to this appointment, Sanchez served as executive vice president of operations of the company’s largest business segment, Fleet Management Solutions. In that position, he was responsible for all FMS operations in the United States and Canada. This included responsibility for a fleet of more than 145,000 vehicles, and more than 800 maintenance facilities. He has served as a member of Ryder’s Executive Leadership Team since 2003.
“Over his 14-year career with Ryder, Robert has provided effective leadership and delivered proven results in the areas of finance, asset management, fleet and supply chain management operations, and information technology,” says Greg Swienton, chairman and chief executive officer of Miami-based Ryder. “He brings to his new role broad financial experience and a deep understanding of the people, processes and technologies that drive our competitiveness.”
Jamieson will continue to lead Ryder’s finance organization through the close of the company’s third-quarter financial results and will work to fully transition his responsibilities within the next few weeks. “We wish Mark much success with his new organization and thank him for both his leadership and his many contributions in the areas of strategy, mergers and acquisitions, and the process efficiencies he helped introduce within Ryder’s global organization,” Swienton says.
Sanchez joined Ryder in 1993 and has served in roles of increasing responsibility, including senior vice president and chief information officer; senior vice president, global transportation management; vice president, asset management; and finance director, global financial analysis. Prior to joining Ryder, Sanchez served as an applications engineer at Florida Power and Light, and as a controls engineer at Pratt & Whitney Aircraft.