Transportation and supply chain service provider Ryder System Inc. has named its president and chief operating officer John J. Diez to become company CEO on March 31, 2026, replacing current corporate leader Robert E. Sanchez.
After serving 13 years in the top job, Sanchez will assume the role of executive chair of the company’s board of directors to ensure a smooth transition.
The lead independent director of Ryder’s board, Michael F. Hilton, thanked Sanchez for delivering excellent results and record shareholder value, saying: “Robert has led the development and execution of Ryder’s balanced growth strategy to derisk the business, improve returns, and accelerate the growth of our supply chain and dedicated businesses that has transformed the company’s return profile.”
In a statement, Diez likewise praised Sanchez’ leadership, and said: “We have enormous opportunities to continue growing as the complexity of supply chains intensify and the demand for our port-to-door services increases.”
Diez has served as Ryder’s president and COO since January 1, 2025, and was previously the company’s executive vice president and chief financial officer. During his tenure with Ryder, Diez was also president of Ryder’s fleet management business, leading all areas of fleet operations and maintenance, as well as president of the company’s dedicated transportation business unit where he led strong revenue growth and improved business returns.
