Sabre Holdings Announces Retirement of CMO Eric Speck
September 12 2006 - 7:30AM
Business Wire
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.
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