Sabre broadcasts CEO succession plan

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Sean Menke transitions to Government Chair of the Board, efficient April 27, 2023; Kurt Ekert to develop into Firm’s Chief Government Officer and President

Sabre Company, a number one software program and expertise firm that powers the worldwide journey business, introduced at the moment that Sean Menke, at the moment Chair of the corporate’s Board and its Chief Government Officer, will transition to be solely Sabre’s Government Chair of the Board, efficient April 27, 2023. At the moment, Kurt Ekert, at the moment President of Sabre, will even develop into the corporate’s Chief Government Officer, reporting to the Board of Administrators. Ekert has additionally been nominated as a director for election at Sabre’s 2023 Annual Assembly, to be held on April 26, 2023. These strikes are being made as a part of the corporate and the Board of Administrators’ ongoing succession planning.

Menke joined Sabre in 2015 serving as president of its largest enterprise division, earlier than being promoted to CEO in late 2016. Below Menke’s management, the corporate set out and executed, daring plans to reimagine the way forward for journey enabled by its expertise transformation, key strategic partnerships and constructing a management staff to ship that imaginative and prescient.

Relating to the subsequent part in Sabre’s management transition, Menke acknowledged, “It has been an honor and privilege to assist lead Sabre during the last eight years. I’m pleased with what our groups have completed and the way we’ve served our clients throughout unprecedented instances. It has been immensely gratifying to see the dedication and success of our staff, as Sabre continues to remodel itself to develop into the trusted, and most well-liked, expertise companion in journey. I sit up for transitioning into the position of government chair and welcome Kurt as our new chief government officer. He’s been a driving pressure at Sabre over the previous fourteen months and I’m assured he’ll proceed to efficiently lead this group into the long run.”

Ekert joined Sabre in January 2022 as President as a part of the corporate’s long-term succession plans, because it cut up the position of president and CEO. Ekert oversees all features of the corporate’s enterprise and expertise operations. During the last 12 months, Ekert developed new progress methods and efficiently executed them towards the corporate’s working plans, together with efficiently reorganizing its Journey Options enterprise, implementing sturdy working rules to allow sooner and extra environment friendly execution, and placing a refined management staff in place.

Gregg Saretsky will proceed to serve within the position of impartial lead director of the Board of Administrators, offering an efficient steadiness between robust strategic management and oversight by impartial administrators.

Saretsky added, “I do know I converse on behalf of Sabre’s whole Board of Administrators after I say that Sean has been an extremely robust and profitable chief during the last eight years, particularly in these unprecedented moments through the international pandemic. He leaves behind an amazing legacy, together with an formidable multi-year technique that the management staff will proceed to maneuver ahead. We thank Sean for his excellent management and repair and are happy to proceed to serve alongside him as government chair.”

“We sit up for having Kurt be a part of the Board as he steps into the chief government officer position on the firm. He’s a powerful, forward-focused chief with the expertise, operational and technical acumen and business perspective to efficiently execute Sabre’s strategic plans.”

Ekert responded, “I’m proud to be entering into the CEO position at Sabre and wanting to proceed to advance our technique whereas fostering a profitable tradition of empowerment, innovation and efficiency. I sit up for main this firm by means of its subsequent chapter and am assured we’ve the power to meaningfully develop our enterprise and ship long-term shareholder worth.”



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