Sabre Corporation (NASDAQ: SABR) has announced the appointment of Eric L. Kelly to its board of directors, effective January 1, 2025. Kelly, a technology industry veteran with over 40 years of experience, will bring his extensive expertise to the board, particularly in areas such as cybersecurity, complex M&A strategy and execution, international corporate finance, government affairs, and strategic business transformations.
Kelly's appointment is seen as a significant move for Sabre, especially as the company gears up for what is expected to be another important year in its technology evolution. He is currently the Chairman and CEO of Overland Tandberg, a global hybrid cloud software and infrastructure company, and also serves as the founder and chairman of Bridge 2 Technologies, LLC, a next-generation SaaS software enterprise company.
His previous roles include serving as the CEO of Sphere 3D Corporation, a cloud and virtualization technology solutions provider, and as the President and CEO of Overland Storage, Inc., a provider of unified data management and data protection solutions. Kelly has also held executive positions with notable companies such as Snap Appliance, Adaptec Inc., Maxtor, Dell, Hitachi Data Systems, Conner Peripherals, and IBM.
With a strong educational background that includes an MBA from San Francisco State University and a B.S. in Business Management from San Jose State University, Kelly brings a wealth of knowledge and experience to the board of Sabre Corporation.
Sabre Corporation is a leading software and technology company that powers the global travel industry, providing retailing, distribution, and fulfillment solutions to a wide range of travel companies worldwide. It serves customers in more than 160 countries and is headquartered in Southlake, Texas, USA.
This appointment comes at a crucial time for Sabre as it looks to leverage Kelly's expertise to navigate the rapidly evolving landscape of the travel and technology industries. As a result of these announcements, the company's shares have moved 2.2% on the market, and are now trading at a price of $3.46. Check out the company's full 8-K submission here.