Art A. Garcia
Raymond James Financial
Early Career and Education
Art Garcia is a seasoned executive with a notable career in finance and strategic management. He completed his education at Florida State University, earning a Bachelor’s degree in Accounting in 1983. This solid foundation in accounting propelled him into a series of roles that showcased his expertise and leadership.
Professional Journey at Coopers & Lybrand
Art began his professional journey at Coopers & Lybrand, where he served as a Senior Manager from January 1984 to December 1997 in the Miami/Fort Lauderdale Area. In this role, he was involved in audit and non-audit engagements, mergers and acquisitions (M&A) analysis, negotiating credit agreements, and developing restructuring plans.
Significant Tenure at Ryder System, Inc.
His tenure at Ryder System, Inc. marked a significant period in his career. Starting in February 1997, Art held various positions including Senior Manager of Corporate Accounting, Director of Corporate Accounting, and Group Director of Accounting Services. He advanced to the role of Senior Vice President and Corporate Controller, a position he held until November 2010.
December 2010 marked a turning point as Art ascended to the role of Executive Vice President and Chief Financial Officer at Ryder System, Inc. During his tenure, which lasted until April 2019, he led financial planning, treasury, internal audit, corporate strategy, tax, investor relations, risk management, and shared services. His leadership was critical in steering the company's financial health and strategic direction.
Transition to Board Roles
After his impactful stint at Ryder, Art transitioned into a series of influential board roles.
- He joined ABM Industries as a Board Member in March 2017 and took on responsibilities including Chair of the Audit Committee and member of the Stakeholder and Enterprise Risk Committee.
- In May 2019, he became a Board Member at Elanco Animal Health, contributing as a member of the Audit and the Finance and Oversight Committees.
- By September 2019, he had joined the Board of American Electric Power, where he chairs the Audit Committee and participates in the Finance and Governance Committees.
Latest Endeavors
Most recently, Art added Raymond James Financial to his portfolio of board memberships in April 2023, where he serves on the Risk Committee. His extensive experience in finance, strategic planning, mergers and acquisitions, and accounting, alongside his roles in various committees, highlights his ability to drive organizational growth and ensure regulatory compliance.
Conclusion
Art Garcia is not just an executive with a rich history in finance and operations; he is a transformative leader who has consistently demonstrated an ability to enhance performance and profitability across diverse sectors. His career journey underscores his knack for steering corporate strategies, restructuring operations, and maximizing financial performance.
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