MIAMI, Dec. 19 /PRNewswire-FirstCall/ -- Ryder System, Inc., a global
leader in transportation and supply chain management solutions, today
announced the promotion of Gregory F. Greene to Executive Vice President
and Chief Human Resources Officer. Mr. Greene, who serves as a member of
Ryder's Executive Leadership Team, is responsible for leading the Company's
human resources functions, including compensation and benefits, training
and development, and strategic initiatives to enhance performance
management, succession planning, and cultivate talent for future growth.
Additionally, Mr. Greene oversees Ryder's corporate communications
functions including employee communications and media relations.
"Greg is a trusted executive who has developed strong relationships
throughout the Company while immersing himself in all areas of our
business," said Ryder's Chairman and Chief Executive Officer Greg Swienton.
"I count on his continued leadership and deep understanding of the
competitive environment to further develop our Company's talented workforce
as a strategic advantage in the transportation sector."
Mr. Greene served most recently as Senior Vice President of Strategic
Planning and Development, where he was instrumental in developing Ryder's
strategy and long-term business model built upon continuous improvement,
process improvements and identifying opportunities for profitable growth.
Mr. Greene began his career with Ryder in 1993 as Manager of Executive
and International Compensation and was promoted to Director of Human
Resources for Ryder's International Division in 1996. He later served as
Senior Vice President of Field Human Resources until his appointment to
Senior Vice President of Global Talent Management.
His experience also includes several years in executive and management
positions with NationsBank and other banking/financial institutions.
Mr. Greene holds a master of business administration degree from Barry
University and a bachelor of arts degree in Economics from the University
of Pittsburgh. He is an adjunct professor in the MBA program at Florida
International University and serves on graduate school advisory boards at
Barry University and Nova Southeastern 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 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, new
accounting pronouncements, rules, or interpretations, 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:
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.
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