Ryder System (NYSE: R) names Tammy Romo to board, Abbie Smith to retire
Rhea-AI Filing Summary
Ryder System, Inc. reported that director Abbie Smith plans to retire from its Board and will not stand for reelection at the 2026 Annual Meeting of Shareholders. Her retirement is stated as not due to any disagreement regarding the company’s operations, policies, or practices.
The Board appointed Tammy Romo as a new director effective January 5, 2026. She has been determined to be independent under New York Stock Exchange corporate governance listing standards and will serve on the Audit and Finance Committees. She is expected to stand for election at the 2026 Annual Meeting and will receive the company’s standard non-employee director compensation and a Director Indemnification Agreement. Ryder also issued a press release announcing her appointment.
Positive
- None.
Negative
- None.
FAQ
What board changes did Ryder System, Inc. (R) disclose in this 8-K?
Ryder System, Inc. disclosed that director Abbie Smith will retire and not stand for reelection at the 2026 Annual Meeting of Shareholders, and that Tammy Romo has been appointed to the Board effective January 5, 2026.
Why is Abbie Smith leaving Ryder System, Inc. (R)’s Board?
Abbie Smith informed the Board of her decision to retire and not stand for reelection at the 2026 Annual Meeting. The company states that her retirement is not due to any disagreement on operations, policies, or practices.
Who is Tammy Romo and what is her role at Ryder System, Inc. (R)?
Tammy Romo has been appointed as a director of Ryder System, Inc., effective January 5, 2026. She has been determined to be independent under New York Stock Exchange corporate governance listing standards and will serve on the Audit and Finance Committees.
Is Tammy Romo’s appointment at Ryder System, Inc. (R) part of a broader board strategy?
Yes. The company states that her appointment is part of its ongoing director succession planning and aligns with the Board’s goal of maintaining a well-rounded Board that balances tenured directors’ institutional knowledge with fresh perspectives of new members.
Will Tammy Romo stand for election by Ryder System, Inc. (R) shareholders?
Yes. Tammy Romo will serve as a director until the 2026 Annual Meeting of Shareholders, at which time she is expected to stand for election by the company’s shareholders.
What compensation will Tammy Romo receive as a Ryder System, Inc. (R) director?
Tammy Romo will participate in Ryder’s standard non-employee director compensation arrangements described under “Director Compensation” in the company’s 2025 Proxy Statement, and the company expects to enter into a Director Indemnification Agreement with her.
Did Ryder System, Inc. (R) issue a press release about Tammy Romo’s appointment?
Yes. On December 19, 2025, Ryder issued a press release regarding Tammy Romo’s appointment to the Board, which is furnished as Exhibit 99.1 to this report.