MIAMI, Oct. 19 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R),
a global leader in supply chain, warehousing and transportation management
solutions, announced the appointment of Airton Gimenes as Senior Vice
President of Sales and Marketing, Supply Chain Solutions. In his new role,
Mr. Gimenes will be responsible for all sales and marketing activities of
Ryder's global supply chain business, supporting the U.S. and international
operations teams.
Mr. Gimenes joins Ryder following a 30-year career with Hewlett-Packard
Company (HP), where his most recent position was Senior Vice President,
Worldwide Enterprise Segment, for HP's Customer Solutions Group. In that
role, he was responsible for over 14,000 accounts, including HP's largest
100 global accounts, with revenue of approximately $30 billion and a
worldwide staff of account managers and industry consulting experts. Mr.
Gimenes started working for HP in 1975 in Sao Paulo, Brazil. During his
years at HP, he held roles of increasing responsibility in sales and
marketing, finance and administration, operations, general management,
customer services and solutions while serving at the national, regional and
worldwide levels.
"Airton's experience in leading global sales and operations teams
combined with his intimate knowledge of vertically integrated markets will
make him invaluable as we continue to grow our global supply chain
solutions businesses," said Vicki O'Meara, President of U.S. Supply Chain
Solutions for Ryder.
Mr. Gimenes earned a master of science degree in Business from Pacific
Western University and a bachelor of arts degree in Business Administration
from Universidade de Sao Paulo. He has also completed executive development
training at IMEDE in Lausagne, Switzerland, and Darden Business School at
the University of Virginia.
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, our failure to successfully
implement new sales growth initiatives in our FMS 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 will 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, the effect of severe
weather events, labor strikes or work stoppages affecting our or our
customers' business operations, adequacy of accounting estimates and
accruals particularly with respect to pension, taxes and revenue, 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 the 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:
Edward Rifenburg, +1-305-500-4161, or
Edward_Rifenburg@Ryder.com, or Lisa Brumfield, +1-305-500-3668,
or Lisa_Brumfield@Ryder.com, both of Ryder System, Inc.
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