Sabre announces the retirement of Karl Peterson from its Board of Directors
Sabre (NASDAQ: SABR) announced that Karl Peterson will retire from its Board of Directors prior to the 2025 annual meeting scheduled for April 23. Peterson, who has served on the Board since March 2007, held key positions including Board Chair from January 2020 to April 2022 and Lead Director during 2017.
Board Chair Gail Mandel acknowledged Peterson's nearly two-decade tenure and his significant contributions to the company's leadership team. Peterson expressed pride in Sabre's progress during his service, particularly noting the company's resilience through challenging times and its current positioning for future success.
Sabre (NASDAQ: SABR) ha annunciato che Karl Peterson si ritirerà dal suo Consiglio di Amministrazione prima dell'assemblea annuale del 2025, prevista per il 23 aprile. Peterson, presente nel Consiglio da marzo 2007, ha ricoperto ruoli chiave, inclusa la presidenza del Consiglio da gennaio 2020 ad aprile 2022 e il ruolo di Direttore Principale nel 2017.
La Presidente del Consiglio Gail Mandel ha riconosciuto i quasi vent'anni di mandato di Peterson e i suoi significativi contributi al team di leadership dell'azienda. Peterson ha espresso orgoglio per i progressi di Sabre durante il suo periodo di servizio, notando in particolare la resilienza dell'azienda nei momenti difficili e la sua attuale posizione per il successo futuro.
Sabre (NASDAQ: SABR) anunció que Karl Peterson se retirará de su Junta Directiva antes de la reunión anual de 2025 programada para el 23 de abril. Peterson, quien ha estado en la Junta desde marzo de 2007, ocupó puestos clave, incluyendo Presidente de la Junta desde enero de 2020 hasta abril de 2022 y Director Principal en 2017.
La Presidente de la Junta, Gail Mandel, reconoció la casi dos décadas de mandato de Peterson y sus contribuciones significativas al equipo de liderazgo de la compañía. Peterson expresó su orgullo por el progreso de Sabre durante su servicio, señalando particularmente la resiliencia de la empresa durante tiempos desafiantes y su posición actual para el éxito futuro.
사브르 (NASDAQ: SABR)는 칼 피터슨이 2025년 4월 23일로 예정된 연례 회의 이전에 이사회를 퇴임할 것이라고 발표했습니다. 피터슨은 2007년 3월부터 이사회에서 활동해 왔으며, 2020년 1월부터 2022년 4월까지 이사회 의장직과 2017년에는 수석 이사로서 핵심적인 역할을 수행했습니다.
이사회 의장인 게일 만델은 피터슨의 거의 20년에 걸친 재직 기간과 그가 회사의 리더십 팀에 기여한 중요한 역할을 인정했습니다. 피터슨은 자신의 서비스 기간 동안 사브르의 발전에 자부심을 느끼며, 특히 어려운 시기를 통과한 회사의 회복력과 미래의 성공을 위한 현재의 위치를 강조했습니다.
Sabre (NASDAQ: SABR) a annoncé que Karl Peterson se retirerait de son Conseil d'Administration avant l'assemblée annuelle de 2025 prévue pour le 23 avril. Peterson, membre du Conseil depuis mars 2007, a occupé des postes clés, y compris celui de Président du Conseil de janvier 2020 à avril 2022 et de Directeur Principal en 2017.
La Présidente du Conseil, Gail Mandel, a reconnu les près de deux décennies de mandat de Peterson et ses contributions significatives à l'équipe de direction de l'entreprise. Peterson a exprimé sa fierté concernant les progrès réalisés par Sabre durant son service, en soulignant en particulier la résilience de l'entreprise face à des périodes difficiles et sa position actuelle pour un succès futur.
Sabre (NASDAQ: SABR) gab bekannt, dass Karl Peterson vor der für den 23. April 2025 geplanten Jahresversammlung aus dem Aufsichtsrat ausscheiden wird. Peterson, der seit März 2007 im Aufsichtsrat sitzt, hatte Schlüsselpositionen inne, darunter den Vorsitz des Aufsichtsrats von Januar 2020 bis April 2022 sowie die Rolle des Leitenden Direktors im Jahr 2017.
Die Aufsichtsratsvorsitzende Gail Mandel würdigte Petersons fast zwei Jahrzehnte währende Amtszeit und seine bedeutenden Beiträge zum Führungsteam des Unternehmens. Peterson äußerte Stolz auf den Fortschritt von Sabre während seiner Amtszeit, insbesondere auf die Widerstandsfähigkeit des Unternehmens in schwierigen Zeiten und die aktuelle Positionierung für zukünftigen Erfolg.
- Long-term board stability demonstrated by Peterson's 18-year tenure
- Orderly transition with advance notice before the annual meeting
- Loss of significant institutional knowledge with Peterson's departure
- Departure of former Board Chair and Lead Director could impact strategic continuity
"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,
SABR-F
Contacts:
Media
Cassidy Smith-Broyles
sabrenews@sabre.com
Investors
Brian Evans
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation
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