Ryder CEO Robert Sanchez to retire March 31, 2026; John Diez named successor
Ryder System's chairman and chief executive, Robert E. Sanchez, will retire as CEO effective March 31, 2026, and become executive chair. President and COO John J. Diez will succeed him as CEO and join the board on the same date, as part of a succession plan approved by the board.
Key points
- Robert E. Sanchez, 60, retires as CEO on March 31, 2026 and becomes executive chair, with an annual salary of $800,000.
- John J. Diez, 54, will become CEO and a director effective March 31, 2026; his salary rises to $950,000 and his target bonus to 150% of salary.
- Diez's long-term incentive target value is set at $6,250,000, granted February 6, 2026; Sanchez's is $4,700,000.
- Sanchez will receive no severance in connection with his retirement as CEO.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.