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Jefferies Remains Bullish as Sabre (SABR) Announces CEO Resignation

Go back to Jefferies Remains Bullish as Sabre (SABR) Announces CEO Resignation

Sabre (SABR) CEO to Resign in Dec.; FY16 Guidance Reaffirmed

June 20, 2016 5:20 PM EDT

Tom Klein, president and CEO of Sabre Corporation (Nasdaq: SABR) announced that he will resign from Sabre and its Board of Directors effective December 31, 2016 and will continue to serve as CEO while the Board conducts a formal search for his successor.

"It's a tremendous honor to serve as president and CEO of Sabre and to work with our talented team around the globe. With our leading products and rapid technology innovation for the travel industry, we are doing more today than ever to help our customers succeed. We have... More