Business
Sabre Announces Election of Members to its Board of Directors
Company refreshes board composition with three highly-experienced industry executives SOUTHLAKE, Texas, July 15, 2020 /PRNewswire/ -- Sabre Corporation
About this update from Sabre Corporation
[{"type":"text","content":"Company refreshes board composition with three highly-experienced industry executives\n\n\nSOUTHLAKE, Texas, July 15, 2020 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, today announced the election of Gregg Saretsky and John M. Scott, III, highly experienced travel industry executives, to its board of directors on July 15, 2020. Saretsky and Scott join Gail Mandel, who was elected on April 29, 2020.\n\"We welcome Gail, Gregg and John to the Sabre Board of Directors as we continue to refresh its composition and add significant technology, hospitality and airline expertise to the board,\" said Karl Peterson the Chairman of the Company's board. \"They join Sabre at an exciting time as we continue to make meaningful progress toward achieving our vision to create a new market for personalized travel. These additions will complement the skills, expertise and experiences of our existing directors and we are confident they will provide valuable perspectives as we continue to execute against our strategy and focus on maximizing value for Sabre's shareholders. We look forward to their contributions.\"\nIn addition, the board recently changed its committee composition. John Siciliano has succeeded Gary Kusin as chair of the compensation committee and George Bravante has replaced Judy Odom as chair of the audit committee. Mandel has joined the technology committee and the audit committee. Saretsky and Scott will serve on the technology committee and governance and nominating committee, respectively. Earlier this year, Peterson replaced departing board member Larry Kellner as chairman of the company's board and chair of the governance and nominating committee.\nSabre's Board regularly evaluates its composition to ensure the board includes the appropriate skills, experience and perspective necessary to help guide the future of the company and drive growth for its shareholders. With the appointment of these three individuals, Sabre has added five independent directors to its actively engaged board in the past four years. Sabre will continue to proactively manage the composition of the Board to ensure that it remains varied in skills, expertise and tenure while allowing flexibility for any future succession planning needs.\nAbout Gail Mandel\nMs. Mandel has...