Ryder System, Inc. Elects Charles M. Swoboda to its Board of Directors
December 12 2022 - 7:55AM
Business Wire
The board of directors of Ryder System, Inc. (NYSE: R), a leader
in supply chain, dedicated transportation, and commercial fleet
management solutions, today announces the appointment of Charles M.
“Chuck” Swoboda to its board, effective December 12, 2022. Mr.
Swoboda will serve as a member of the audit and governance
committees.
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the full release here:
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Ryder appoints Charles M. "Chuck" Swoboda
to its board of directors, effective December 12, 2022. (Photo:
Business Wire)
“The board nominated Mr. Swoboda as director for his impressive
leadership experience,” says Ryder Chairman and CEO Robert Sanchez.
“Chuck’s experience as an innovator and proven track record of
bringing innovative and relevant technologies to market, along with
his financial acumen, business management, and experience in
serving on both private and publicly traded boards are skills that
complement the other skills represented on our board.”
Mr. Swoboda most recently served as chairman, president, and
chief executive officer of Cree, Inc. (now known as Wolfspeed, Inc.
(NYSE: WOLF)), a global leader in silicon carbide technology and
production. Over his 16-year tenure as CEO (2001-2017), he led the
company from $177 million in revenues to more than $1.6 billion.
During this time, Cree transformed from a start-up into a global
market leader with more than 6,000 employees. Under Mr. Swoboda’s
leadership, the company was recognized as MIT Technology Review’s
“50 Smartest Companies” for 2014 and as one of Fast Company’s
“World’s 50 Most Innovative Companies” in 2015.
After retiring in 2017, Mr. Swoboda joined the board of Anixter
International in May 2019, serving on its compensation committee
and nominating and governance committee. He served on this board
until the company was sold to WESCO International (NYSE: WCC) in
2020.
The Ryder board is also increasing the size of the board to
twelve members to accommodate the appointment.
To learn more about Ryder’s board of directors, please visit:
https://investors.ryder.com/
NOTE: A headshot of Mr. Swoboda is available in the Ryder
Newsroom and via Business Wire.
About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a leading logistics and
transportation company. It provides supply chain, dedicated
transportation, and fleet management solutions, including full
service leasing, rental, and maintenance, used vehicle sales,
professional drivers, transportation services, freight brokerage,
warehousing and distribution, e-commerce fulfillment, and last mile
delivery services, to some of the world’s most-recognized brands.
Ryder provides services throughout the United States, Mexico, and
Canada. In addition, Ryder manages nearly 239,000 commercial
vehicles and operates more than 330 warehouses, encompassing more
than 80 million square feet. Ryder is regularly recognized for its
industry-leading practices in third-party logistics,
technology-driven innovations, commercial vehicle maintenance,
environmentally friendly solutions, corporate social
responsibility, world-class safety and security programs, military
veteran recruitment initiatives, and the hiring of a diverse
workforce. www.ryder.com
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are "forward-looking
statements" within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on our current plans and expectations and are subject to
risks, uncertainties and assumptions. Accordingly, these
forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. 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.
ryder-financial ryder-usa
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version on businesswire.com: https://www.businesswire.com/news/home/20221212005069/en/
Amy Federman, Corporate Communications, (305) 500-4989,
AFederman@Ryder.com Bob Brunn, Investor Relations, (305) 500-4053,
Bob_S_Brunn@ryder.com
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