Sabre CFO Doug Barnett retiring; Mike Randolfi named successor; CPO Wade Jones leaves, Garry Wiseman appointed

Sabre Corp

Doug Barnett steps down as EVP and CFO effective Aug 22, 2022; remains through Oct 30 for transition.
Mike Randolfi named EVP and CFO effective Aug 22; base salary $650K, sign-on bonus $250K, initial equity grant $1.5M.
Wade Jones departs as EVP and Chief Product Officer effective July 31; Garry Wiseman appointed EVP and CPO effective Aug 1.
Randolfi previously CFO of Groupon, Orbitz; Wiseman held product leadership at Dell, eBay, Microsoft, Salesforce.
Barnett and Jones eligible for severance: 150% base salary plus 110% target incentive, paid over 18 months.

item 5.02 item 8.01 item 9.01

Executive movements

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

Departed

Wade Jones

Executive Vice President and Chief Product Officer

SABR · Sabre Corp

Effective: 2022-07-31
Filed: July 28, 2022, 7:59 PM ET

and Wade Jones’ stepping down as Executive Vice President and Chief Product Officer, effective July 31, 2022.

Appointed

Mike Randolfi

Executive Vice President and Chief Financial Officer

SABR · Sabre Corp

Effective: 2022-08-22
Filed: July 28, 2022, 7:59 PM ET

On July 27, 2022, the Board of Directors of Sabre Corporation (“Sabre”) appointed Mike Randolfi, age 50, as Executive Vice President and Chief Financial Officer of Sabre, effective August 22, 2022.

Departed

Doug Barnett

Executive Vice President and Chief Financial Officer

SABR · Sabre Corp

Effective: 2022-08-22
Successor: Mike Randolfi
Filed: July 28, 2022, 7:59 PM ET

On July 27, 2022, the Board of Directors of Sabre also approved Doug Barnett’s stepping down as Executive Vice President and Chief Financial Officer of Sabre, effective August 22, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Wade Jones departed as Executive Vice President and Chief Product Officer at Sabre Corp.

Action: stepping down
Role: Executive Vice President and Chief Product Officer

Exact text from the filing

and Wade Jones’ stepping down as Executive Vice President and Chief Product Officer, effective July 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Randolfi was appointed as Executive Vice President and Chief Financial Officer at Sabre Corp.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On July 27, 2022, the Board of Directors of Sabre Corporation (“Sabre”) appointed Mike Randolfi, age 50, as Executive Vice President and Chief Financial Officer of Sabre, effective August 22, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Doug Barnett departed as Executive Vice President and Chief Financial Officer at Sabre Corp.

Action: stepping down
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On July 27, 2022, the Board of Directors of Sabre also approved Doug Barnett’s stepping down as Executive Vice President and Chief Financial Officer of Sabre, effective August 22, 2022

View on SEC.gov

Sabre Corp filing history →

Source: SEC EDGAR

accession 0001193125-22-204189

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