Ryder names new CFO

Scott ParkerScott Parker

Ryder System announces the appointment of Scott T. Parker as executive vice president (EVP) and chief financial officer (CFO) responsible for Ryder’s financial management functions including finance and audit, treasury, tax, accounting, corporate strategy, and investor relations.

Parker succeeds Art A. Garcia who announced his retirement in September 2018.

As EVP and CFO, Ryder says Parker also serve as a member of Ryder’s executive leadership team and report to Chairman and CEO Robert E. Sanchez. He will join Ryder on April 5, 2019, and be based in the global headquarters in Miami, Fla.

“Scott is a highly talented and seasoned leader with a proven track record of successfully driving top-line growth and improved profitability,” says Sanchez. “His extensive financial expertise, along with his strategic mindset, will help take us to the next phase of our growth strategy in the constantly evolving transportation and logistics industry.”

“I’m thrilled to join a new industry and such an innovative, forward-thinking company,” says Parker. “I look forward to working with the management team as we continue to grow the business and build on our success.”

As part of the planned succession process at Ryder, Garcia will continue in the CFO role until April 5, 2019, and, thereafter, will serve as a special advisor to the CEO until his retirement on April 30, 2019.

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