Sabre names new chairman

Peterson replaces Larry Kellner who is stepping down to focus on new role at Boeing.

Sabre Logo
Karl Peterson, Sabre’s new chairman of the board. (PHOTO: Sabre)

Travel and technology provider Sabre Corporation announced that Larry Kellner has stepped down from his chairman’s post and the company has named Karl Peterson to replace him. Kellner stepped down from the post to focus on his new role as chairman of the board at Boeing. Kellner will remain on Sabre’s board until its annual stockholder meeting in April, the company said.

Sean Menke, Sabre’s president and CEO said, “I am excited to have Karl serve as our chairman, as he has been an integral member of our board of directors for more than a decade. I speak on behalf of everyone at Sabre when I say that Larry will be missed. Larry’s vast experience in the aviation industry, as well as his board leadership experience have been invaluable to Sabre over the past seven years. Under his guidance, Sabre has embarked upon a transformational journey that we believe will fundamentally change the way we retail, distribute and fulfil travel.”

Peterson has served on Sabre’s board of directors since 2007 and served as lead independent director during 2017 when Kellner served as executive chairman. In addition to his role as chairman, Peterson has been appointed chairman of the board’s Governance and Nominating Committee and Executive Committee, replacing Kellner.

Peterson serves as managing partner of TPG Pace Group, which oversees investments in three publicly traded companies. He co-founded and was president and CEO of He also serves as a director of Playa Hotels and Resorts and serves as chairman of Accel Entertainment.

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Matthew Driskill is the Editor of Asian Aviation and is based in Cambodia. He has been an Asia-based journalist and content producer since 1990 for outlets including Reuters and the International Herald Tribune/New York Times and is a former president of the Foreign Correspondents Club of Hong Kong. He frequently appears on international broadcast outlets like CNN, Al Jazeera and the BBC and has taught journalism at Hong Kong University and the American University of Paris. Driskill has received awards from the Associated Press for Investigative Reporting and Business Writing and in 1989 was named the John J. McCloy Fellow by the Graduate School of Journalism at Columbia University in New York where he earned his Master's Degree.


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