Ryder Human Resources Executive Receives 2021 Top CHRO Award from N2Growth & Stanford Graduate School of Business

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, today announces Frank Lopez, its executive vice president and chief human resources officer (CHRO), has been named by N2Growth, in partnership with Stanford Graduate School of Business, as a recipient of the 2021 Top CHRO Award.

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Frank Lopez, Ryder vice president and chief human resources officer (CHRO), has been named by N2Growth, in partnership with Stanford Graduate School of Business, as a recipient of the 2021 Top CHRO Award. (Photo: Business Wire)

“As an industry leader, we are committed to providing our employees a great work environment where they can engage, grow, and contribute to Ryder’s success. This not only benefits them and Ryder, but every customer who trusts us to manage their transportation and supply chain needs,” says Frank Lopez.

Frank Lopez joins 39 other leading HR executives in companies from around the world who have shown a commitment to their craft by bettering people inside and outside their organizations.

“Ryder is proud to have great leaders like Frank who continually raise the bar for how our employees are treated and recognized,” adds Robert Sanchez, Ryder Chairman & CEO. “Frank remains focused on changing the dynamic of our work environments to better serve our employees and ultimately our customers. His team of HR pros have demonstrated a consistent dedication and commitment to improving the organization while navigating the health and economic aspects of the pandemic.”

The 2021 List of Top CHROs is a collection of forward-thinking, future-focused executives. To ensure rigor in the selection process, the 2021 Top CHRO Award has been curated by a panel of N2Growth team members and other outside advisory members based on the following criteria:

• Impact, growth, and performance of the organizations they lead
• Impact on their industry and in the broader communities they serve
• Engaged, transparent, and accountable - they must care
• Passionate about their people and their well-being
• An examination of the talent they've helped to attract and retain
• General and specific observations of the culture they've had a hand in shaping
• DE&I and ESG initiatives are a cornerstone of their work, not an afterthought
• Take stock in progressive development plans and programs available
• Evaluate the creativity, reasonability, and effectiveness of compensation programs
• Look for and find great workforce dynamics, engagement, and satisfaction
• Build a well-positioned and strong employer brand
• Incorporate HR as an enabler and contributor to operations flowing through to customer and client satisfaction

About Ryder

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages nearly 235,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 64 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com.

About N2Growth

N2Growth is a global leadership consulting and executive search firm, consistently ranked as a Top Executive Search Firm by Forbes. N2Growth serves more than 50 markets across the Americas, EMEA, and APAC. Our firm has compiled and curated the Top CHRO list since 2015 and began partnering with the Stanford Graduate School of Business with the 2020 Top CHRO list. Since our inaugural list in 2015, we've continued to expand and refine it by looking for CHROs who innovate and outperform their peers regardless of current market dynamics. These Human Resources leaders represent the top 40 shaping careers, culture, and talent at the world's most innovative, people-driven companies. You can find more information about N2Growth at www.N2Growth.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, including our expectations regarding our diversity and inclusion initiatives, 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.

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