Robert E. Sanchez is Chairman and Chief Executive Officer of Ryder System, Inc. (NYSE: R), a leading commercial fleet management, dedicated transportation, and supply chain solutions company. He was named CEO in January 2013 and chairman of the board in May 2013. Under his leadership, Ryder has achieved record revenue and earnings levels.
Over the course of nearly 30 years at Ryder, Mr. Sanchez has held many senior executive leadership positions including president and chief operating officer (COO), chief financial officer (CFO), president of Fleet Management Solutions (FMS), chief information officer (CIO), SVP of Transportation Management within Supply Chain Solutions (SCS), and VP of Asset Management. He has been a member of the company’s Executive Leadership Team since 2003.
In his earlier roles, Mr. Sanchez 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. Before joining Ryder, Mr. Sanchez held engineering positions at Pratt & Whitney Aircraft and Florida Power & Light.
Mr. Sanchez is on the Board of Directors of Texas Instruments and a member of the board’s goverance 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), United Way of Miami-Dade (Chairman of the Board), Foundation for Human Rights in Cuba, and 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. He 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.