Ryder System Chairman and CEO Robert Sanchez will retire on March 31, 2026, and President and Chief Operating Officer John Diez will assume the CEO role.

Diez was also elected to the company’s board of directors, effective March 31, 2026. 

Sanchez, who was named CEO of the integrated logistics and transportation company in January 2013 and chairman of the board in May 2013, will become executive chair of the company’s board of directors to ensure a smooth transition.

More About Ryder's John Diez

Diez has a more-than-20-year tenure with Ryder.

“I’ve worked with John for over two decades,” Sanchez said in a news release. “His deep understanding of our business, sound judgment and strategic mindset uniquely positions him to lead the company.”

Diez said there are “enormous opportunities to continue growing as the complexity of supply chains intensify and the demand for our port-to-door services increases.”

Diez has served as president and chief operating officer since January 1, 2025. Previously, he served as executive vice president and chief financial officer. 

During his tenure with Ryder, Diez was also president of Ryder’s fleet management business, leading all areas of fleet operations and maintenance, as well as president of the company’s dedicated transportation business unit.