Exhibit 99.1
Sabre Elects Gail Mandel to Become Chair of its Board of Directors
Sean Menke to retire from the Board immediately prior to Companys Annual Meeting
SOUTHLAKE, Texas Mar. 5, 2024 Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel
industry, today announced the election of Gail Mandel, former Wyndham Worldwide executive and existing Sabre Board member, to become non-executive Chair of the Board. Mandel has served on Sabres Board
since April 2020. Her appointment as Chair of the Board will be effective at the companys 2024 Annual Meeting, scheduled for April 24, 2024.
I am thrilled to serve as Chair of Sabres Board at this important phase of the companys strategic transformation, said Mandel.
The travel ecosystem is dynamic with an abundance of value-enhancing opportunities which I believe Sabre can capture through its ongoing commitment to innovation and sustainable growth strategies. I look forward to continuing to work with this
leadership team and Board to drive the future success of the company.
In addition to serving as Chair of the Board, Mandel will serve as Chair of
the Corporate Governance and Nominating Committee and as a member of the Compensation Committee.
Gail brings a wealth of travel industry
experience, financial acumen and insight to this role, as well decades of experience leading complex global companies through strategic change and successfully delivering positive outcomes for stakeholders, said Kurt Ekert, President, CEO and
Board member of Sabre. Gail is the right choice to help guide this company as we execute against our strategic priorities and achieve our vision.
Mandel will succeed Sean Menke, who is retiring from the Board immediately prior to the companys 2024 Annual Meeting. Menke currently serves as
Sabres Executive Chair of the Board. Previously, he was appointed as President and CEO of Sabre in 2016 and transitioned to the CEO and Executive Chair roles in early 2022. These changes, along with those announced last month, are being made
as part of the Boards ongoing focus on composition and succession planning.
It has been an honor serving on Sabres Board since
2016, added Menke. Sabre has weathered unprecedented headwinds during that time, and I am proud of the teams achievements, including the successful execution of its technology transformation milestones and the investment in, and
delivery of, product innovations that distinguish Sabre from the competition. I am confident that Gail, the Board and this leadership team will continue to build upon those achievements and deliver long-term value to Sabres investors,
customers and other stakeholders.
On behalf of the Board, I extend our deepest gratitude to Sean for his leadership and guidance over the
years, continued Ekert. His partnership with me and the leadership team and his Board leadership have been invaluable as we developed and began executing against our strategic priorities and took measures to position Sabre for long-term
success in this dynamic and evolving travel industry. We wish him much success in the future.