0000085961-14-000043.txt : 20140819 0000085961-14-000043.hdr.sgml : 20140819 20140819081935 ACCESSION NUMBER: 0000085961-14-000043 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140815 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140819 DATE AS OF CHANGE: 20140819 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RYDER SYSTEM INC CENTRAL INDEX KEY: 0000085961 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 590739250 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04364 FILM NUMBER: 141050733 BUSINESS ADDRESS: STREET 1: 11690 N.W. 105TH STREET CITY: MIAMI STATE: FL ZIP: 33178 BUSINESS PHONE: 3055003726 MAIL ADDRESS: STREET 1: 11690 N.W. 105TH STREET CITY: MIAMI STATE: FL ZIP: 33178 8-K 1 form8-kitems502901.htm 8-K Form 8-K (Items 5.02 & 9.01)


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported):
August 15, 2014

Ryder System, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Florida
1-4364
59-0739250
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
  
 
 
11690 NW 105th Street, Miami, Florida
 
33178
________________________________
(Address of principal executive offices)
 
___________
(Zip Code)
Registrant’s telephone number, including area code:
 
(305) 500-3726

Not Applicable
___________________________________________
Former name or former address, if changed since last report
 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On August 15, 2014, John H. Williford, President - Global Supply Chain Solutions informed the Company of his intention to retire in March 2015. Mr. Williford will continue to serve as President - Global Supply Chain Solutions until his retirement.

Upon Mr. Williford's retirement, the dedicated services business will report directly to Robert Sanchez, the Company's Chairman and Chief Executive Officer. All other supply chain business will remain consolidated under a new President of Supply Chain Solutions who will also report directly to Mr. Sanchez. John Diez, the Company's Senior Vice President - Dedicated Services, will be named as President of Dedicated Services. The Company will conduct a search to evaluate both internal and external candidates to serve as the new President of Supply Chain Solutions.

A press release announcing Mr. Williford's retirement is filed with this report as Exhibit 99.1.


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is furnished as part of this Report on Form 8-K:

Exhibit 99.1: Press Release dated August 19, 2014 announcing the retirement of John H. Williford.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
Ryder System, Inc.
August 19, 2014
 
By:
 
/s/ Robert D. Fatovic
 
 
 
 
Name: Robert D. Fatovic
 
 
 
 
Title: Executive Vice President, Chief Legal Officer and Corporate Secretary



EX-99.1 2 exhibit991pressrelease.htm EXHIBIT Exhibit 99.1 (Press Release)
Exhibit 99.1



News Release

For Information Contact:        Media:                Investor Relations:
David Bruce             Bob Brunn
(305) 500-4999            (305) 500-4053

Ryder Announces Supply Chain Solutions Division
President John H. Williford to Retire in March 2015

MIAMI, August 19, 2014 - Ryder System, Inc. (NYSE:R), today announced that Global Supply Chain Solutions (SCS) President John H. Williford will retire in March of 2015. At that time, the dedicated services business will report directly to Chairman and Chief Executive Officer Robert E. Sanchez. All other supply chain business will remain consolidated under a new President of Global Supply Chain Solutions, also reporting directly to Mr. Sanchez. This will increase the focus on the industry groups served within SCS, and elevate the profile of the Ryder Dedicated product line. Senior Vice President of Ryder Dedicated John J. Diez will be named President of Ryder Dedicated. The Company will conduct an external and internal search to name a President of Ryder’s Global Supply Chain Solutions business. Until the time of Mr. Williford’s departure, current lines of reporting will remain in place within SCS, including Ryder Dedicated.
Mr. Williford joined Ryder in 2008 as President of Global Supply Chain Solutions, responsible for management, operations, sales and marketing, and the financial performance of Ryder’s Supply Chain Solutions business segment. He has also served as a member of Ryder’s Executive Leadership Team.
Commenting on the announcement, Mr. Sanchez said, “We thank John for leading a strong and successful supply chain business and his many contributions to Ryder over the years. We are well positioned to build on this success and have a team of experienced, capable leaders in place to continue to grow our supply chain and dedicated businesses, and to deliver best-in-class execution for our customers.”
Mr. Diez, currently Senior Vice President of Dedicated with full responsibility for the product line, has successfully held key operational and financial positions at Ryder since joining the Company in 2002. Mr. Diez previously served as Senior Vice President of Asset Management, with profit and loss responsibility for the Company’s truck rental and used vehicle sales product lines. Mr. Diez has also served as Senior Vice President of Global Field Finance where he held financial reporting responsibilities for both the SCS and FMS business segments. Prior to that role he was the Chief Financial Officer of Fleet Management Solutions (FMS).




About Ryder
Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and green supply chain partner. Ryder has also been ranked two years in a row as one of the top 250 U.S. companies in the Newsweek Green Rankings. In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com and follow us on Facebook, YouTube, and Twitter.
###

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.

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