SOUTHLAKE, Texas, March 8, 2021 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), the leading software and
technology provider that powers the global travel industry, today
announced that Sabre's board of directors has nominated
Phyllis Newhouse and Wendi Sturgis, two highly-experienced executives
in technology and cyber-security, as independent directors for
election at Sabre's 2021 Annual Meeting, to be held on April 28, 2021.
"We are delighted with Phyllis' and Wendi's nomination to
Sabre's board of directors and the addition of significant
technology and cyber-security expertise to the board," said
Karl Peterson the Chairman of the
Company's board. "Phyllis and Wendi each will bring important
experience and perspective to Sabre's board of directors as we
continue to execute against our strategy and focus on maximizing
value for Sabre's shareholders. We look forward to their
contributions in the years to come."
Following election, Newhouse is expected to join the technology
committee and the audit committee, and Sturgis is expected to join
the technology committee and the governance and nominating
committee.
The Company also announced the retirement of Judy Odom, Renee
James, Joseph Osnoss and
John Siciliano when their terms
expire at the Annual Meeting. Sabre has added five new independent
directors to its actively engaged board in the past two years.
Sabre's board will continue to proactively manage its composition
to ensure that it remains varied in skills, expertise and
perspective to help guide the future of the company and drive
growth for its shareholders.
"On behalf of the entire board of directors, I would like to
thank Renée, Judy, Joe and John for their many years of service and
outstanding support," said Sean
Menke, president and chief executive officer of Sabre.
"Their guidance and counsel over the years has been extremely
valuable, not only to the board, but also to the entire leadership
team at Sabre. We respect their decisions to pare back certain
responsibilities, including at Sabre, and we wish them well."
About Phyllis Newhouse
Phyllis Newhouse has served as
Chief Executive Officer of Xtreme Solutions, Inc. since 2002.
Xtreme Solutions, Inc. is a leading information technology and
cybersecurity firm that specializes in ethical hacking, training,
and providing cyber solutions consultancy to the federal and
private sectors. She served in the
United States Army, where she focused on national security,
including working with several information security task forces
teams.
In 2019, Ms. Newhouse founded ShoulderUp, a nonprofit dedicated
to connecting and supporting women in their entrepreneurial
journeys. Newhouse currently serves on the board of the Technology
Association of Georgia, is a
member of the Business Executives for National Security and of the
Women Presidents' Organization, and serves on the Board of
Directors of Girls, Inc.
About Wendi Sturgis
Wendi Sturgis has served as the
Chief Revenue Officer of Lyte, Inc., a ticketing/consumer
technology platform, since 2021. She has over 25 years of
experience as a technology and marketing leader at some of the
world's largest tech companies. Prior to Lyte, Ms. Sturgis was a
founding executive at Yext where she worked from 2011 to 2019,
serving in multiple roles, including SVP of Sales and Services,
Chief Customer Officer, and most recently, CEO of Yext Europe. She
has previously held executive positions at Oracle, Gartner, Right
Media, and Yahoo!, where she was Vice President of Account
Management for North America in
charge of the North American Search business. She is currently an
independent director for The Container Store and Kustomer, a
private company based in New York
City. She has served on multiple boards including
Dailyworth.com, Student Transportation of America, Step Up Women's
Network, and Chair of the Georgia Tech Advisory Board. Sturgis
currently serves as a trustee for the Georgia Tech Foundation.
About Sabre Corporation
Sabre Corporation is a leading software and technology Company
that powers the global travel industry, serving a wide range of
travel companies including airlines, hoteliers, travel agencies and
other suppliers. The Company provides retailing, distribution and
fulfilment solutions that help its customers operate more
efficiently, drive revenue and offer personalized traveler
experiences. Through its leading travel marketplace, Sabre connects
travel suppliers with buyers from around the globe. Sabre's
technology platform manages more than $260B worth of global travel spend annually.
Headquartered in Southlake, Texas,
USA, Sabre serves customers in more than 160 countries around the
world. For more information visit www.sabre.com.
SABR-F
Contacts:
Media
Kristin Hays
kristin.hays@sabre.com
sabrenews@sabre.com
Investors
Kevin
Crissey
kevin.crissey@sabre.com
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation