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Karl Peterson Retires from Sabre Board of Directors

Story Highlights
  • Sabre Corporation announced Karl Peterson’s retirement effective before the April 2025 meeting.
  • Peterson’s tenure since 2007 included leadership roles and notable company progress.
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Karl Peterson Retires from Sabre Board of Directors

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An announcement from Sabre ( (SABR) ) is now available.

On February 6, 2025, Sabre Corporation announced the retirement of Karl Peterson from its Board of Directors, effective immediately prior to the company’s 2025 Annual Meeting of Stockholders on April 23, 2025. His departure is not due to any disagreements with Sabre or its management. The Board will reduce to nine directors upon his retirement. Peterson, who has been a board member since 2007 and served as Chair and Lead Director, is praised for his significant contributions and leadership during his tenure, which saw the company navigate numerous challenges and progress towards its strategic goals.

More about Sabre

Sabre Corporation is a leading technology company focused on addressing significant opportunities and challenges in the travel industry. It provides technology solutions that enable airlines, hoteliers, agencies, and other partners to retail, distribute, and fulfill travel services globally. Headquartered in Southlake, Texas, Sabre operates with a global workforce serving customers in over 160 countries.

YTD Price Performance: -4.48%

Average Trading Volume: 4,080,149

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $1.32B

See more data about SABR stock on TipRanks’ Stock Analysis page.

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