Travel industry veteran Tom Klein has been named Managing Partner and member of the Management Committee for Certares Management LLC, an investment and management company that has invested in a broad portfolio of travel and consumer brands. Certares is the majority owner of Travel Leaders Group.
In his new role, Klein joins Founder and Managing Partner Greg O’Hara, Managing Partner Colin Farmer, and Senior Partners J.D. O’Hara and Henry Briance in the leadership of Certares. Klein will work with the entire Certares team to cultivate and execute investment opportunities in partnership with leading travel companies and to generate consistent, long-term performance for Certares’ investors.
Prior to joining Certares, Klein served as Director, CEO and President of Sabre Incorporated, a global technology company serving the travel industry. Prior to being appointed CEO, Klein held several executive positions at Sabre including President and Executive Vice President, and also served in both domestic and international Senior Vice President roles. Klein led the IPO of Sabre in 2014.
Prior to Sabre, he held various management positions at American Airlines and Consolidated Freightways. Klein was appointed by the U.S. Secretary of Commerce to serve on the Board of Brand USA in 2010. He was reappointed twice and ended his third term in 2017 as Chairman. Klein also served on Barack Obama’s Advisory Council on Doing Business in Africa.
Established in 2012, Certares focuses on direct investments in proprietary transactions, leveraging sector experience in the travel and hospitality industries, and with an emphasis on partnership with management teams to drive growth. Certares brings together a team with both operational and investment experience in private equity, travel, tourism, hospitality and travel-related business and consumer services.
For more information, visit www.certares.com.