SOUTHLAKE, Texas–(BUSINESS WIRE)–Sept. 12, 2006–Sabre Holdings (NYSE:TSG) today announced the retirement of Executive Vice President and Chief Marketing Officer Eric Speck, who spent 26 years in leadership roles throughout the company and around the world. Speck’s retirement will be effective September 15, but he will continue in an ongoing, non-employee advisory role for the company.
“Eric let me know in late July that he would like to retire. Given his deep industry expertise, I’m really appreciative of his willingness to advise us on an ongoing basis,” said Sam Gilliland, chairman and chief executive officer of Sabre Holdings. “His significant contributions over the last 26 years have in many ways shaped who we are today. His wealth of knowledge, warm personal management style and daily operational leadership will be greatly missed.”
As CMO, Speck was responsible for corporate-level marketing activities including planning, corporate strategy, business development, market research, incubation of new business models, investment priority setting and leading initiatives that deliver on synergies of the Sabre Holdings’ product portfolio. He began his career as a financial analyst for Sabre, and his tenure has included positions overseeing sales, service, operations, product management, business development, and travel supplier relationship management.
“The people of Sabre have always been my extended family. Sabre has provided me with a tremendously rewarding career and many fond memories,” said Speck. “Looking back at the progress we have made together, we can all be proud of Sabre’s history, leadership and transformation. I have absolute confidence in Sabre, its leadership team, its people and its future.”
Speck’s responsibilities will be realigned within the company’s executive leadership team. He will continue to serve as Sabre’s board representative for several of the company’s joint ventures as part of his ongoing advisory role. A certified travel consultant, Speck was a long-time member of the board for the Travel Institute and served as Sabre’s delegate on the World Travel and Tourism Council.
About Sabre Holdings
Sabre Holdings connects people with the world’s greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. Sabre Holdings supports travelers, travel agents, corporations, government agencies and travel suppliers through its companies: Travelocity, Sabre Travel Network and Sabre Airline Solutions. Headquartered in Southlake, Texas, the company has approximately 9,000 employees in 45 countries. Full year 2005 revenues totaled $2.5 billion. Sabre Holdings, an S&P 500 company, is traded on the NYSE under the symbol TSG. More information is available at http://www.sabre-holdings.com.
CONTACT: Sabre Holdings
Emily Kinney, 682-605-3286
emily.kinney@sabre-holdings.com
SOURCE: Sabre Holdings
