12.09.2006 12:30:00
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Sabre Holdings Announces Retirement of CMO Eric Speck
"Eric let me know in late July that he would like to retire. Givenhis deep industry expertise, I'm really appreciative of hiswillingness to advise us on an ongoing basis," said Sam Gilliland,chairman and chief executive officer of Sabre Holdings. "Hissignificant contributions over the last 26 years have in many waysshaped who we are today. His wealth of knowledge, warm personalmanagement style and daily operational leadership will be greatlymissed."
As CMO, Speck was responsible for corporate-level marketingactivities including planning, corporate strategy, businessdevelopment, market research, incubation of new business models,investment priority setting and leading initiatives that deliver onsynergies of the Sabre Holdings' product portfolio. He began hiscareer as a financial analyst for Sabre, and his tenure has includedpositions overseeing sales, service, operations, product management,business development, and travel supplier relationship management.
"The people of Sabre have always been my extended family. Sabrehas provided me with a tremendously rewarding career and many fondmemories," said Speck. "Looking back at the progress we have madetogether, we can all be proud of Sabre's history, leadership andtransformation. I have absolute confidence in Sabre, its leadershipteam, its people and its future."
Speck's responsibilities will be realigned within the company'sexecutive leadership team. He will continue to serve as Sabre's boardrepresentative for several of the company's joint ventures as part ofhis ongoing advisory role. A certified travel consultant, Speck was along-time member of the board for the Travel Institute and served asSabre's delegate on the World Travel and Tourism Council.
About Sabre Holdings
Sabre Holdings connects people with the world's greatest travelpossibilities by retailing travel products and providing distributionand technology solutions for the travel industry. Sabre Holdingssupports travelers, travel agents, corporations, government agenciesand travel suppliers through its companies: Travelocity, Sabre TravelNetwork 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&P500 company, is traded on the NYSE under the symbol TSG. Moreinformation is available at http://www.sabre-holdings.com.
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