SOUTHLAKE, Texas, Feb. 6, 2025
/PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) today
announced that Karl Peterson has
chosen not to stand for reelection and will therefore retire from
the company's Board of Directors immediately prior to its 2025
annual meeting, scheduled for April
23.
"On behalf of the Board, I extend our deepest gratitude to Karl
for his leadership and guidance throughout his tenure," said
Gail Mandel, Chair of Sabre's Board.
"Karl has been an integral member of the Board for nearly two
decades, providing invaluable guidance and counsel for the
leadership team and the Board alike. We wish him much success in
the future."
Peterson has served on Sabre's Board of Directors since
March 2007, including as Chair of the
Board from January 2020 to
April 2022 and as Lead Director
during 2017.
"It has been a privilege serving on Sabre's Board of Directors,"
added Peterson. "Sabre has weathered unprecedented times during my
tenure, and I am proud of where it stands today. I believe the
company has made significant progress, especially over the last
several years, and is well-positioned to achieve its vision."
About Sabre Corporation
Sabre Corporation is a leading technology company that takes on
the biggest opportunities and solves the most complex challenges in
travel. Sabre harnesses speed, scale and insights to build
tomorrow's technology today – empowering airlines, hoteliers,
agencies and other partners to retail, distribute and fulfill
travel worldwide. Headquartered in Southlake, Texas, USA, with employees across the world, Sabre
serves customers in more than 160 countries globally. For more
information visit www.sabre.com.
SABR-F
Contacts:
Media
Cassidy Smith-Broyles
sabrenews@sabre.com
Investors
Brian
Evans
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation