SOURCE: Ryder System, Inc.

January 31, 2007 17:25 ET

Ryder Appoints David Bouchard to Lead International Operations

MIAMI, FL -- (MARKET WIRE) -- January 31, 2007 -- Ryder System, Inc. (NYSE: R), today announced the appointment of David Bouchard to Senior Vice President and General Manager of International Operations, reporting to Ryder Chairman and Chief Executive Officer Greg Swienton. This follows the announcement that Bobby J. Griffin, who previously led International Operations, will retire from the Company in the first quarter of 2007.

Mr. Bouchard is a 20-year veteran of Ryder, with extensive experience in strategic planning, operations and sales within the Company's Supply Chain and Fleet Management business segments. He most recently served as Senior Vice President of High Tech and Consumer Industries for Ryder's U.S. Supply Chain Solutions business segment. Prior to this appointment, Mr. Bouchard served as Vice President of Ryder's Dedicated Contract Carriage segment, where he was responsible for the operations and strategic development of this custom transportation operation.

"Dave's experience in leading operations teams and supporting global Supply Chain customers will be important drivers in the growth of our global operations," said Mr. Swienton. "We are confident in his ability to continue Ryder's tradition of borderless customer service and operational excellence."

Mr. Bouchard joined Ryder in 1987 and has held a variety of positions of increasing responsibility in strategic planning, operations and sales in both the Fleet Management and Supply Chain divisions of Ryder. Prior to joining Ryder, Mr. Bouchard held various positions in management and sales at Central Transport in Boston and McLean Trucking Company in New England.

Mr. Bouchard earned his MBA from Temple University in Philadelphia and bachelor of arts degree in Humanities from Providence College.

                                 About Ryder
Ryder is a Fortune 500 company providing leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. For more information about Ryder System, Inc., visit www.ryder.com.

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.

Contact Information

  • For Information Contact:

    Media:
    David Bruce
    (305) 500-4999

    Investor Relations:
    Bob Brunn
    (305) 500-4053