Sabre Corporation has announced that CEO Tom Klein will resign from the company and its Board of Directors effective December 31 and will continue to serve as CEO while the Board conducts a formal search for his successor.
In a release announcing the decision Klein said that making the announcement now will allow the Board ample time to identify a successor and work through a smooth transition.
Klein's career with Sabre began while it was still a unit of AMR Corp., where he originally held sales and marketing roles with American Airlines, and then joined Sabre, leading a joint venture in Mexico. He went on to serve in a number of executive roles, including group president of both Sabre Travel Network and Sabre Airline Solutions. He was named president of Sabre in 2010 and CEO in 2013.