secwatch.observer — SEC 8-K summary
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Issuer:     RYDER SYSTEM INC (R)
CIK:        0000085961
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0000085961-24-000169
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryder names John Diez President/COO, Cristina Gallo-Aquino as CFO effective Jan 1, 2025
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- John J. Diez promoted to President and COO effective Jan 1, 2025; reports to CEO Robert Sanchez.
- Diez responsible for all three business segments: FMS, Supply Chain Solutions, DTS.
- Cristina Gallo-Aquino succeeds Diez as EVP and CFO effective Jan 1, 2025; also remains principal accounting officer.
- Diez salary increased to $800k, target bonus 125%; Gallo-Aquino salary $650k, target bonus 100%.
- Both promotions are internal; Diez has 22 years at Ryder, Gallo-Aquino 20 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/85961/000008596124000169/0000085961-24-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/85961/000008596124000169/r-20241216.htm
  HTML page:      https://secwatch.observer/filing/0000085961-24-000169

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer