Paul C. Ely, Jr. Retires from Sabre Holdings Board of Directors
May 16 2006 - 3:41PM
Business Wire
Sabre Holdings Corporation (NYSE:TSG) announced the retirement of
Paul C. Ely, Jr., from its Board of Directors upon the expiration
of his term today at the company's Annual Meeting of Stockholders.
Mr. Ely served as an independent director of Sabre Holdings since
January 1997. He also served as a member of the Audit Committee,
the Compensation Committee and the Governance and Nominating
Committee. In addition, he served as Sabre's non-executive chairman
of the board from December 2003 until December 2004. "Paul's
distinguished role on our board over the past nine years has been
invaluable," said Sam Gilliland, chairman and chief executive
officer, Sabre Holdings. "Sabre has benefited greatly from his
perspective and leadership over the years. I am personally grateful
for his many contributions to our company, and we all wish him the
very best." Other members of Sabre Holdings' board of directors
include Gilliland, chairman and chief executive officer; Royce S.
Caldwell, retired former vice chairman of SBC Communications, Inc.
(now AT&T Inc.); Richard G. Lindner, senior executive vice
president and chief financial officer for AT&T Inc.; Glenn W.
Marschel, Jr., chief executive officer of Netnumber; Bob L. Martin,
independent business executive and retired president and chief
executive officer of Wal-Mart International; Pamela B. Strobel,
retired executive vice president and chief administrative officer
of Exelon and president of Exelon's Business Services Company
(BSC); Mary Alice Taylor, independent business executive and former
chairman and chief executive officer of HomeGrocer.com; and Richard
L. Thomas, retired chairman of First Chicago NBD Corp. and The
First National Bank of Chicago. About Sabre Holdings Corporation
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
8,900 employees in 45 countries. Full year 2005 revenues totaled
$2.5 billion. Sabre Holdings, an S&P 500 company, is traded on
the New York Stock Exchange under the symbol TSG. More information
is available at http://www.sabre-holdings.com.
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