Michelle Peluso Named Travelocity CEO
December 02 2003 - 7:10AM
PR Newswire (US)
Michelle Peluso Named Travelocity CEO SOUTHLAKE, Texas, Dec. 2
/PRNewswire-FirstCall/ -- Travelocity, a Sabre Holdings company ,
announced today that it named Michelle A. Peluso as the company's
new president and CEO, replacing Michael S. (Sam) Gilliland. Peluso
most recently served as the company's chief operating officer. In a
separate news release, Travelocity's parent company, Sabre Holdings
Corporation, announced today that Mr. Gilliland was named as that
company's new president and CEO and was also elected to its board
of directors. Peluso will continue to report to Gilliland in that
capacity. "Michelle has a strong track record in online retailing
and business innovation, as well as a natural entrepreneurial
approach," said Sam Gilliland. "Her combination of strategic
vision, marketing savvy, and operational skill make her the right
person to lead Travelocity into its next stage of growth." Peluso
joined Travelocity in April 2002 as senior vice president, product
strategy and distribution, where she launched the company's
fast-growing and innovative merchant hotel product and has overseen
the build-out of the company's dynamic packaging offering. In March
2003 she was named chief operating officer, overseeing all of
Travelocity's lines of business. Peluso also served as CEO of
Site59(R) (http://www.site59.com/), the leading last minute travel
Web site that was acquired by Travelocity in March 2002. Peluso
managed Site59 since its inception in November 1999, developing the
concept into a distinct and innovative brand appealing to airlines,
hotels, car rental companies and specialty providers worldwide.
Under her guidance, the company launched a partnering strategy
attracting valuable Internet providers to increase distribution of
the company's unique last-minute getaways. Previously, Peluso was a
consultant at the Boston Consulting Group and served as a White
House Fellow and Senior Advisor to the Secretary of Labor. About
Travelocity Travelocity, a Sabre Holdings(TM) company, pioneered
the online travel space and continues to be the most popular travel
service on the Web, giving consumers access to hundreds of
airlines, thousands of hotels and cruise, last-minute and vacations
packages, and best-in-class car rental companies, all backed by
1,000 customer service representatives staffed to provide 24- hour
assistance. With 41 million members, Travelocity is the sixth
largest travel agency in the United States. It has been recognized
worldwide for its leadership in online travel, and it operates or
powers Web sites in five languages across four continents.
Additional information about Travelocity can be found at
http://www.travelocity.com/. About Sabre Holdings Corporation Sabre
Holdings Corporation (NYSE:TSG) is a world leader in travel
commerce, retailing travel products and providing distribution and
technology solutions for the travel industry. More information
about Sabre Holdings is available at
http://www.sabre-holdings.com/. DATASOURCE: Travelocity CONTACT:
Investors, Karen Fugate, +1-682-605-2343, or Media, Michael Berman,
+1-682-605-2397, both of Sabre Holdings; or Judy Haveson of
Vollmer, +1-212-554-7425, for Sabre Holdings Web site:
http://www.travelocity.com/ http://www.sabre-holdings.com/
http://www.site59.com/
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