Sabre said Doug Barnett will succeed retiring CFO Rick Simonson on July 23. Barnett will also hold the title of executive vice president.

Simonson in January announced his intent to retire this year.

Barnett comes to Sabre from cloud data management company Informatica, where he was the CFO. Before his time at Informatica, he held various positions, including CFO, at TriZetto Corporate and UGS Corporation.

He will be on Sabre's earnings call on July 31 with Simonson and president and CEO Sean Menke.

Menke thanked Simonson for five years at Sabre, during which he helped the company through its IPO and oversaw a number of divestitures and acquisitions.

"Doug's finance, technology and operational expertise makes him the ideal CFO to help build upon Sabre's robust foundation and execute the next phase of our strategy underpinned by our strong, flexible capital structure," Menke said of Barnett.


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