MIAMI, Feb. 20 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R), a
global leader in transportation and supply chain management solutions, today
announced the appointment of Robert (Bob) Brunn to Vice President of Investor
Relations and Public Affairs. In this new role, Mr. Brunn will continue to
serve as the primary channel of communication with the equity analyst
community while assuming responsibility for community and external affairs and
the Ryder System Charitable Foundation. He will report to Executive Vice
President and Chief Financial Officer Tracy Leinbach.
Prior to this appointment, Mr. Brunn served as Ryder's Group Director of
Investor Relations. In that role, he was responsible for disseminating
information on a consistent basis to ensure the Company's compliance with
established disclosure requirements. Earlier, Mr. Brunn served as Assistant
Treasurer where he was responsible for Ryder's revolving credit facilities,
asset-backed securitization financings, benefit plan investments and lease
financing, as well as European, Canadian and Asian financing. Over the course
of his 17-year career at Ryder, Mr. Brunn has held positions of increasing
responsibility in finance, including Senior Manager of Product Pricing and
Finance Director of Ryder Transportation Services for the Gulf States.
"Bob has been a strong contributor to Ryder over his career and an
outstanding representative of the Company in his most recent investor
relations role," said Ms. Leinbach. "His excellent communication skills,
business knowledge and strong leadership will enable him to effectively manage
relationships with our shareholders and the community."
Mr. Brunn holds a master of business administration degree in
Finance/International Business from the University of Chicago and a bachelor
of science degree in Finance from Miami University in Oxford, Ohio. He is a
member of the National Investor Relations Institute. Mr. Brunn serves on the
Board of Directors of the Humane Society of Greater Miami and has recently
served on the Board of Goodwill Industries of South Florida.
About Ryder
Ryder is a Fortune 500 company providing leading-edge transportation,
logistics and supply chain management solutions worldwide. Ryder's stock
(NYSE: R) is a component of the Dow Jones Transportation Average and the
Standard & Poor's 500 Index. For more information about Ryder System, Inc.,
visit http://www.ryder.com .
Note Regarding Forward-Looking Statements: Certain statements and
information included in this press release are "forward-looking statements"
under the Federal Private Securities Litigation Reform Act of 1995.
Accordingly, these forward-looking statements should be evaluated with
consideration given to the many risks and uncertainties inherent in our
business that could cause actual results and events to differ materially from
those in the forward-looking statements. Important factors that could cause
such differences include, among others, our ability to obtain adequate profit
margins for our services, our inability to maintain current pricing levels due
to customer acceptance or competition, customer retention levels, unexpected
volume declines, loss of key customers in the Supply Chain Solutions (SCS)
business segment, unexpected reserves or write-offs due to the deterioration
of the credit worthiness or bankruptcy of certain customers in our SCS
business segment, changes in financial, tax or regulatory requirements or
changes in customers' business environments that limit their ability to commit
to long-term vehicle leases, changes in market conditions affecting the
commercial rental market or the sale of used vehicles, labor strikes or work
stoppages affecting our or our customers' business operations, adequacy of
accounting estimates and accruals, changes in general economic conditions,
sudden changes in fuel prices, availability of qualified drivers, our ability
to manage our cost structure, changes in government regulations, including
regulations regarding vehicle emissions and risks described in our filings
with the Securities and Exchange Commission. The risks included here are not
exhaustive. New risks emerge from time to time and it is not possible for
management to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to publicly
update or revise any forward-looking statements, whether as a result of new
information, future events, or otherwise.
SOURCE Ryder System, Inc.
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Related links: http://www.ryder.com
CONTACT: Lisa Brumfield, +1-305-500-3668, or Lisa_Brumfield@Ryder.com, or Lisa Pike, +1-305-500-4526, or Lisa_Pike@Ryder.com, both of Ryder System
EDITORS' ADVISORY: Photo of Mr. Brunn is available by request.
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