MIAMI, Nov. 2 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R), a
global leader in transportation and supply chain management solutions, today
announced the appointment of Juliet Johansson as Vice President of Marketing,
Fleet Management Solutions. In this new role, Ms. Johansson will be
responsible for continuing Ryder's focus on developing strategies and products
to further penetrate growth markets for Fleet Management Solutions, the
Company's largest business segment consisting of 850 locations, servicing more
than 12,000 customers with a fleet of more than 145,000 vehicles in the United
States.
Ms. Johansson joins Ryder from McKinsey and Company, a global strategic
consulting firm supporting Fortune 1000 companies, where she served seven
years focusing on developing and implementing marketing and sales strategies
across a variety of business-to-business and business-to-consumer industries.
As Associate Principal and Co-Leader of both the retail and high-tech
marketing and sales practices, she assisted companies with numerous strategies
focused on growth, marketing spend effectiveness, pricing, sales solutions and
execution, multi-channel marketing, customer retention and sales initiatives.
Prior to McKinsey, she spent five years in sales positions for American Pad
and Paper, a $10 billion office supplies and paper converter, and
International Paper, a $50 billion wood products company.
"Juliet's comprehensive experience in leading teams combined with her
orientation to developing and executing marketing strategies focused on sales
initiatives, growth and customer retention will make her invaluable to our
largest business segment as we continue to strengthen our market share and
revenue growth," said Todd Renehan, Senior Vice President of Sales and
Marketing for Ryder.
Ms. Johansson earned a master of business administration degree with a
focus in Strategy and Finance from the University of Chicago Graduate School
of Business and a bachelor of arts degree in Economics from Duke University.
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 presentation 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, the possibility that changes in customers' business
environments 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, increased competition from vehicle manufacturers and
large service providers, higher borrowing costs and possible decreases in
available funding sources caused by adverse changes in debt ratings, changes
in accounting assumptions, adequacy of accounting accruals, changes in general
economic conditions, unexpected reserves or losses due to the effects of
Hurricanes Katrina and Rita on our operations and the economy, increases in
fuel prices, availability of qualified drivers, our ability to manage our cost
structure and changes in government regulations, including regulations
regarding vehicle emissions. 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 Edward Rifenburg, +1-305-500-4161, or Edward_Rifenburg@Ryder.com, both of Ryder System, Inc.
EDITORS' ADVISORY: Photo of Ms. Johansson is available by request.
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