SABRE CORPORATION (NASDAQ:SABR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Jones has been promoted to the position of Executive Vice
President and President, Travel Network, effective April 27,
2017, and that David Shirk has been appointed Executive Vice
President and President, Sabre Airline Solutions, effective June
5, 2017. A copy of the press release regarding this announcement
is included as Exhibit 99.1. In connection with Mr. Shirks
appointment, Hugh Jones, the current Executive Vice President and
President, Sabre Airline Solutions, has been appointed Executive
Vice President of Sabre, effective June 5, 2017. As previously
disclosed, Mr. Jones is expected to leave Sabre on August 4,
2017.
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Item 9.01
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Financial Statements and Exhibits.
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Exhibit
Number
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Description
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99.1
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Press Release dated April 27, 2017.
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About SABRE CORPORATION (NASDAQ:SABR)
Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. The Company operates in two segments: Sabre Travel Network, and Sabre Airline and Hospitality Solutions. The Sabre Travel Network segment is the Company’s global business-to-business travel marketplace for travel suppliers and travel buyers. The Sabre Airline and Hospitality Solutions segment offers a suite of software solutions primarily for airlines and hotel properties. The Company connects the travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a travel marketplace. The Company does business in approximately 160 countries around the world. SABRE CORPORATION (NASDAQ:SABR) Recent Trading Information
SABRE CORPORATION (NASDAQ:SABR) closed its last trading session up +0.14 at 23.42 with 3,551,445 shares trading hands.
