Sabre Corporation announced that, effective January 14, 2020, Karl Peterson has been elected by the Board to serve as Chairman of the Board and that Larry Kellner is stepping down as Chairman of the Board, and as Chairman of the Executive Committee and the Governance and Nominating Committee, effective January 14, 2020. Kellner will remain on Sabre's Board until its Annual Stockholder Meeting which is currently scheduled for April 29, 2020. Kellner has chosen to step down as Chairman so that he may focus on his new responsibilities as Chairman of the Board at Boeing. In addition to his role as Chairman of the Board, Karl Peterson has been appointed chairman of the Board and as Board's Governance and Nominating Committee and Executive Committee, replacing Kellner, effective January 14, 2020.