Ryder System names insider John Diez new CEO; shares fall
ReutersDec 12, 2025 3:12 PM
Shares of logistics firm Ryder System R.N down about 3% at nearly $193 in morning trading
Co says CEO Robert Sanchez to retire on March 31, 2026
John Diez, currently Ryder's chief operating officer, will step into the CEO role effective March 31, 2026
Diez previously served as the co's chief financial officer
Sanchez, who has served as CEO since 2013, will transition to the role of executive chair of the board
Including session's move, shares were up 24.4% YTD
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