Sundar PichaiSundar Pichai earned $164M in 2023
R

Robert E. Sanchez

CEO of Ryder System

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

May 1, 1960 - 64 years ago

Economy Sector

Industrials

Current Tenure

12 years 2 months (Jan 2013 - Present)

Previous Experience

Various roles at Ryder System, Inc. since 1993

Robert E. Sanchez is the CEO of Ryder System, Inc., a global leader in logistics and transportation solutions. His journey with Ryder started way back in 1993, and since then, he's climbed the ranks through various roles. He was appointed...

Year

2023

Total Compensation

$2.94M

Salary

$1.03M

Board Justification

The compensation philosophy aims to attract, retain, and motivate high-quality executives, aligning their interests with long-term shareholder value through performance-based compensation.

Bonus

$1.67M

Board Justification

The annual cash incentive award was based on performance metrics including comparable EBITDA and operating revenue, with a payout of 95% of the target due to successful performance in 2023.

Other

$247.26K

Board Justification

Other compensation includes contributions to retirement plans and perquisites such as a car allowance and life insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based compensation and long-term incentives that are yet to vest.

Performance Metrics

Key performance metrics included comparable EBITDA and operating revenue, with a focus on achieving strategic objectives.