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John Diez Steps Into Ryder System's Top Leadership Role; Sanchez to Guide Transition
Ryder System, Inc. ® has unveiled a comprehensive leadership transition, with John Diez poised to take over as Chief Executive Officer on March 31, 2026. The succession plan, greenlit by the board of directors, reflects the company’s confidence in Diez’s strategic vision and operational expertise.
Diez’s appointment comes after an impressive track record spanning over two decades at the logistics giant. Since joining Ryder in 2002, Diez has held several pivotal positions, including executive vice president and chief financial officer, where he managed the company’s entire financial operations. Most recently, he assumed the role of President and Chief Operating Officer on January 1, 2025, overseeing the three core business units: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS).
Beyond his financial acumen, Diez has demonstrated strong operational capabilities, having previously led Ryder’s fleet management business and served as president of the company’s dedicated transportation division. In the latter role, he drove significant revenue expansion and enhanced business profitability. Before his journey at Ryder, Diez began his professional career in the audit division of KPMG LLP, establishing a solid foundation in financial management and corporate governance.
Current Chairman and CEO Robert Sanchez, who assumed the CEO role in January 2013 and took on the chairman position in May 2013, will transition to Executive Chair effective March 31, 2026. This arrangement ensures continuity and a seamless handover of responsibilities. Additionally, Diez has been elected to the company’s board of directors, effective from the same date, reinforcing his expanded leadership capacity.
The staggered transition underscores Ryder’s commitment to maintaining operational stability during the leadership change while positioning Diez to drive the company’s future growth trajectory.