This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sabre Appoints Rick Simonson As Chief Financial Officer

SOUTHLAKE, Texas, March 19, 2013 /PRNewswire/ -- Leading global travel technology provider, Sabre, has appointed Rick Simonson as executive vice president (EVP) and chief financial officer (CFO).  Having served in similar roles at several technology companies, including Nokia Corporation, he will lead the company's global finance organization, responsible for all finance and controls, reporting, investor relations, and mergers and acquisitions.

(Photo: http://photos.prnewswire.com/prnh/20130319/DA79781)

Simonson most recently served as CFO and president, business operations at Reardon Commerce.  Prior to that he spent nearly 10 years in several global roles at Nokia in Helsinki, Zurich and New York, including EVP and general manager of Nokia's Mobile Phones division, and EVP and CFO, which he held for over five years. He was also with Barclays Capital and Bank of America Securities serving the telecom, media, and technology industries.  He currently serves on the boards of Electronic Arts and Silver Spring Networks.

"Rick has a rare combination of extensive global finance, operational, and capital markets experience focused on technology sectors, and a proven track record as an executive and board member for numerous private and public companies.  This makes him an ideal fit for Sabre," said Sam Gilliland, chairman and CEO, Sabre Holdings.  "He is a strong and experienced leader who will build on our best-in-class finance and operational capabilities."

Simonson replaces CFO, Mark Miller, who is leaving the company to explore opportunities with other portfolio companies of TPG or Silver Lake, the two private equity firms that own Sabre.

"I'm hugely appreciative – and I know I speak for TPG and Silver Lake as well – of the tremendous leadership Mark has provided for our finance organization over his nearly four years as CFO, and during the 18 years he has been with Sabre.  We wish him the best," said Gilliland.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs