BTN's annual answer book for business travel managers.
Rick Simonson, CFO of global distribution operator Sabre,
will retire by the end of the year. He will step down as CFO when the company
names a successor and remain as an advisor until he leaves the company. CEO
Sean Menke credited Simonson with leading Sabre's IPO, divesting noncore
businesses and helping to build a new leadership team. He's been CFO for five
years. He previously worked for Rearden Commerce—now Deem—Nokia and Bank of
BCD Travel and Lufthansa Group—Austrian Airlines, Lufthansa, Swiss and Brussels Airlines—have...
Earlier this year, talk of the International Air Transport Association's New Distribution Capability...
Sabre Corp. has agreed to acquire Farelogix for $360 million. Executives of both companies said the...