On Tuesday, February 12, Ryder announced an e-commerce fulfillment solution set to transform the way many manufacturers do business online, offering an alternative to third-party marketplaces by fulfilling orders of manufacturer products direct to consumers. With Ryder’s new solution, manufacturers of small to large parcel goods across all industries gain greater control over product selection, inventory management, pricing strategy, and customer service, all while maintaining critical speed to market.
Robert E. Sanchez
Chair of the Board and Chief Executive Officer
Robert E. Sanchez is Chairman and Chief Executive Officer of Ryder System, Inc., a FORTUNE 500® commercial fleet management and supply chain solutions company. He was named Chief Executive Officer in January 2013 and Chairman of the Board in May 2013.
Over the course of two decades at Ryder, Mr. Sanchez has held many senior executive leadership positions including President and Chief Operating Officer, Executive VP and Chief Financial Officer, President of Fleet Management Solutions (FMS), Senior VP and Chief Information Officer, Senior VP of Transportation Management within Supply Chain Solutions (SCS) and VP Asset Management . He has been a member of the company’s Executive Leadership Team since 2003. In his earlier roles, he played a key part in implementing the strategy to centralize Ryder’s asset management function and improve its cost management which drove an improvement in the return of capital and earnings of the company. Since 2012, he has led the development and execution of Ryder’s growth strategy focused on the large segment of businesses that do not yet outsource their fleet management and supply chain functions. Under his leadership, the company has achieved record revenue and earnings levels. Before joining Ryder, Robert held engineering positions at Pratt and Whitney Aircraft and Florida Power and Light.
Mr. Sanchez is on the Board of Directors of Texas Instruments and a member of the board’s governance and stockholder relations committee. He also serves on the Board of Directors of Big Brothers Big Sisters of America, the Truck Renting and Leasing Association (TRALA), the United Way of Miami-Dade (2016-2018 Campaign Co-Chair), the Foundation for Human Rights in Cuba, and the Association of Cuban American Engineers (ACAE), for which he chairs the Scholarship Foundation. The ACAE has granted over $300,000 in scholarships to deserving Hispanic engineer students. Robert is also a member of the Board of Trustees of St. Thomas University and the University of Miami.
Mr. Sanchez earned his MBA from The Wharton School at the University of Pennsylvania with a concentration in Finance and Strategic Management and a Bachelor of Science degree in Electrical Engineering from the University of Miami.