Travelocity CEO Terrell Jones to Retire

Sabre Holdings Corporation (NYSE: TSG) has announced that Terrell B. Jones, chief executive officer of, a wholly owned Sabre company, is retiring.

Jones, who is credited with founding Travelocity, held a number of leadership positions during his 24-year career with Sabre
, including chief information officer, president of computer services, and president of decision technology.

“Terry Jones is truly one of the pioneers of online travel,” said William J. Hannigan
, chairman and chief executive officer of Sabre. “Under his leadership, Travelocity has developed a strong brand that symbolizes trust and reliability among its loyal customers. This has helped the company achieve profitability for the past five quarters. We thank Terry for his leadership and wish him well in his future endeavors.”


Sam Gilliland has been named the president and CEO of Travelocity
, effective immediately. Gilliland most recently served as executive vice president, chief marketing officer of Sabre. Gilliland also served on the board of directors of Travelocity since 2000.


“Our immediate decision to name Sam Gilliland as CEO of Travelocity was an obvious one,” said Hannigan. “Sam is an exceptional leader with a track record for success. His unique mix of strategic vision, operational discipline, marketing savvy and technology expertise make him the right person to lead Travelocity in this next chapter.”

Gilliland joined Sabre in 1988 and has held a variety of positions, including group president of airline solutions, senior vice president and general manager of product marketing, and general manager of Sabre Business Travel Solutions, a business-to-business e-commerce unit. Prior to joining Sabre, he worked for Lockheed Missiles and Space in Austin, Texas. He holds a master`s degree in business administration from the University of Texas at Dallas and a bachelor`s degree in electrical engineering from the University of Kansas.