Garcia has had a 20-year career with Ryder and has been in the role of CFO since 2010.
“During his time as CFO, Ryder has experienced significant growth and delivered solid financial returns to our shareholders,” said Robert Sanchez, Ryder chairman and CEO. “Art and his finance team have been instrumental in helping to drive many of our successes.
“As we execute our strategic growth plans, I am pleased that Art has agreed to continue his existing duties and help us ensure a smooth transition to new leadership,” Sanchez said.
Ryder said it will immediately launch a search for a new CFO. Garcia will continue in his role until a successor is named and then will serve as a special adviser to the CEO until his retirement.
Garcia joined Ryder in December 1997. Prior to his role as CFO, he held several positions with increasing levels of responsibility in corporate accounting, including senior vice president and controller.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now