Robert E. Sanchez is Chairman and Chief Executive Officer of Ryder System, Inc., a Fortune 500 commercial fleet management and supply chain solutions company. He was named Chief Executive Officer in January 2013 and Chairman of the Board in May 2013.
Over the course of two decades at Ryder, Mr. Sanchez has held many senior executive leadership positions including President and Chief Operating Officer, Executive VP and Chief Financial Officer, President of Fleet Management Solutions (FMS), Senior VP and Chief Information Officer, Senior VP of Transportation Management within Supply Chain Solutions (SCS) and VP Asset Management. He has been a member of the company’s Executive Leadership Team since 2003. In his earlier roles, he played a key part in implementing the strategy to centralize Ryder’s asset management function and improve its cost management which drove an improvement in the return of capital and earnings of the company. Since 2012, he has led the development and execution of Ryder’s growth strategy focused on the large segment of businesses that do not yet outsource their fleet management and supply chain functions. Under his leadership, the company has achieved record revenue and earnings levels.
Mr. Sanchez is on the Board of Directors of Texas Instruments and chair of the board’s compensation committee. He also serves on the Board of Directors of the Truck Renting and Leasing Association (TRALA), the United Way of Miami-Dade, St. Thomas University in Miami, the Foundation for Human Rights in Cuba, and the Association of Cuban American Engineers (ACAE), for which he chairs the Scholarship Foundation. Additionally, he is a member of the University of Miami President’s Council and the College of Engineering Visiting Committee. He is also a mentor for the Big Brothers Big Sisters School to Work Program.
In 2010, The South Florida Business Journal named Mr. Sanchez CFO of the Year for the South Florida region, recognizing the important role he and his team played in maintaining Ryder’s strong financial position during the difficult economic environment of 2009. In addition, he was named one of the Top 100 Power Leaders by The South Florida Business Journal in 2016.
Mr. Sanchez earned his MBA from The Wharton School at the University of Pennsylvania with a concentration in Finance and Strategic Management and a Bachelor of Science degree in Electrical Engineering from the University of Miami.