Sabre appoints new CFO

Sabre Corporation (NASDAQ: SABR), a travel industry technology provider, has announced that it has named Doug Barnett as executive vice president and chief financial officer, the company said.

He succeeds Simonson, who previously announced his intention to retire as CFO in 2018. To ensure a smooth transition, Simonson will become a senior advisor to the CEO.

Barnett brings extensive finance, technology and operations experience to Sabre, having most recently served as CFO for Informatica, a global leader in enterprise cloud data management.

Sabre Corporation provides software, data, mobile and distribution solutions that are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management.