Sabre appoints Kurt Ekert as President, separates CEO/President roles; Shirk transitions

Sabre Corp

Kurt Ekert elected President effective Jan 3, 2022; reports to CEO Sean Menke.
Ekert formerly President/CEO of Carlson Wagonlit Travel (CWT); receives $750k base salary, 125% target bonus, $1M initial RSU grant.
David Shirk steps down as President of Travel Solutions Dec 31, 2021; stays as Senior Advisor through Dec 31, 2022 at $722,625 base salary.
Shirk's severance: 6 months base salary and 12 months COBRA if employment ends Dec 31, 2022 (not earlier).

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

David Shirk

Senior Advisor

SABR · Sabre Corp

Effective: 2021-12-31
Filed: December 15, 2021, 6:59 PM ET

David Shirk intends to step down from his position as Executive Vice President and President of Travel Solutions of Sabre, effective December 31, 2021. Mr. Shirk will remain with Sabre as Senior Advisor of Sabre through December 31, 2022.

Appointed

Kurt J. Ekert

President

SABR · Sabre Corp

Effective: 2022-01-03
Filed: December 15, 2021, 6:59 PM ET

Kurt J. Ekert, age 51, has been elected President of Sabre, effective January 3, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Shirk changed role as Senior Advisor at Sabre Corp.

Action: stepped down
Role: Senior Advisor

Exact text from the filing

David Shirk intends to step down from his position as Executive Vice President and President of Travel Solutions of Sabre, effective December 31, 2021. Mr. Shirk will remain with Sabre as Senior Advisor of Sabre through December 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kurt J. Ekert was elected as President at Sabre Corp.

Action: elected
Role: President

Exact text from the filing

Kurt J. Ekert, age 51, has been elected President of Sabre, effective January 3, 2022.

View on SEC.gov

Sabre Corp filing history →

Source: SEC EDGAR

accession 0001193125-21-357460

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