Sabre Holdings Announces Larry Kellner As New Chairman Of The Board

SOUTHLAKE, Texas, Sept. 4, 2013 /PRNewswire/ -- Sabre Holdings announced today that Larry Kellner will join the company as non-executive Chairman of the board of directors.

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Kellner joins the Sabre board following a successful 14-year career at Continental Airlines, where he served initially as Chief Financial Officer, then President, Chief Operating Officer, and finally Chairman and CEO before retiring in 2009. He is currently the President of Emerald Creek Group and serves on the boards of The Boeing Company, The Chubb Corporation and Marriott International.

"Larry brings tremendous experience and expertise to Sabre, gained from his extensive career in the global travel industry," said Tom Klein, Sabre CEO and President. "I look forward to working with Larry and the entire board of directors as we continue Sabre's leadership in providing technology solutions to the travel industry."

In accepting the role of Chairman, Kellner said, "Sabre is a world-leading company and a cornerstone for technology in the global travel industry. This is an exciting time in the industry, and Sabre has a unique role in shaping its future. I look forward to working with Tom and the senior leadership team as the company continues to grow and evolve to meet the changing technology needs of its customers."

Kellner succeeds Sam Gilliland, who was previous Chairman and CEO of Sabre. Gilliland will remain on Sabre's board of directors.

Sabre Holdings® is a global travel technology company, serving the world's largest industry – travel and tourism. We provide software to travel agencies, corporations, travelers, airlines, hotels, car, rail, cruise and tour operator companies through our four businesses: Sabre Airline Solutions®, Sabre Hospitality Solutions®, Sabre Travel Network® and Travelocity® (including lastminute.com).

By delivering innovative travel technology, we make the world a better place. Our innovative technology is used by more than a billion people around the world to plan, book and get to their destination at a time and price that's right for them. We work behind the scenes to make the world a better place, one journey at a time.

Headquartered in Southlake, Texas, Sabre has approximately 10,000 employees in 60 countries around the world. It has large development and customer care centers in the United States, Argentina, India, Philippines, Poland and Uruguay. Sabre has won numerous awards for being a top employer and corporate citizen in Argentina, Brazil, India, Mexico, Peru, Poland, and the United States. Sabre is privately owned by Texas Pacific Group (TPG) and Silver Lake Partners.