Cencora Appoints Former Ryder CEO to Board

By Philip Seaworth • Friday, September 25 15:00 • Permanent Link

Cencora has added Robert E. Sanchez to its board of directors, effective Oct. 1, 2026.

Sanchez is the executive chair of Ryder System and retired in March 2026 after serving as Ryder’s chair and chief executive officer. He spent two decades at Ryder before stepping into the top job in 2013, holding roles that included president and chief operating officer, president of global fleet management solutions, and executive vice president and chief financial officer.

The appointment expands Cencora’s board with a director who brings experience in operations, finance and technology, along with logistics and supply chain expertise. Cencora said the move supports its pharmaceutical-centric strategy and growth ambitions.

Sanchez also serves on the board of Texas Instruments and is a trustee of the University of Miami. He holds an MBA from the Wharton School and a bachelor’s degree from the University of Miami.

Cencora said it ranks No. 10 on the Fortune 500 and No. 16 on the Global Fortune 500, with more than $300 billion in annual revenue. Today the company's shares have moved -0.77% to a price of $309.87. For the full picture, make sure to review Cencora's 8-K report.

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