A remarkable journey. An extraordinary legacy.
When you’ve had a world-class business leader like Greg Swienton at the helm for the past 14 years, there’s no need for general platitudes to describe his tenure. The facts speak for themselves. Greg joined Ryder in 1999 as President and served as Chief Executive Officer from November 2000 through December 2012. He has served as a member of Ryder’s board of directors since June 1999, and as its Chairman since 2002. He led a sweeping transformation of Ryder during the decade of the 2000s, in which Ryder’s significantly enhanced business model generated a $3.7 billion turnaround in free cash flow1 (reversing ten-year cash flows from negative to positive). During Greg’s tenure as CEO, an investment in Ryder stock generated a return of 230% and included eight dividend increases. Greg and the Ryder team also completed 18 successful acquisitions.
In 2002, Greg became the first transportation industry executive to be awarded The Green Cross for Safety Medal, the National Safety Council’s highest honor, in recognition of his career-long commitment to workplace safety.
Greg’s personal integrity and commitment to doing what’s best for the organization, speaking openly and honestly in both good times and bad, and valuing the contributions of all employees, will leave a positive and unifying imprint on the Ryder organization. His focus on developing employees and delivering the right results the right way will live on through Ryder’s Leadership Competency Model which emphasizes character, judgment, relationships and results. These are the standards for leading Ryder now and developing leaders for the future.
The entire Ryder organization extends our heartfelt gratitude and appreciation to Greg, whose impact will not be forgotten, and whose character will live on within Ryder.
Ideally suited to write Ryder’s next chapter.
During his 20 years with Ryder, customers, investors and employees have come to know Robert Sanchez for his wide-ranging contributions. As a long-standing member of Ryder’s Leadership Team, as President and Chief Operating Officer, President of Global Fleet Management Solutions, Chief Financial Officer, Chief Information Officer, and as a senior level executive in both FMS and SCS, Robert is particularly well-suited to lead the organization, build on our strong foundation, and help write the next chapter in Ryder’s history.