secwatch.observer — SEC 8-K summary
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Issuer:     Sabre Corp (SABR)
CIK:        0001597033
Form:       8-K
Filed at:   2021-12-15T23:59:59+00:00
Accession:  0001193125-21-357460
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597033/000119312521357460/0001193125-21-357460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597033/000119312521357460/d265833d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-357460

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer