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In April 2011, president and CEO Hugh Jones moved to a position at Sabre and Gilt Groupe president Carl Sparks was introduced in as president and CEO of Travelocity. Peluso turned Travelocity’s COO in April 2003 and was then named president and chief executive officer of Travelocity in December 2003. The CEO and founding father of Site59, Michelle Peluso, joined Travelocity with the acquisition as senior vice president, product strategy and distribution. In March 2002, Sabre reacquired all excellent shares of the model through a tender provide. The resulting company was listed on the NASDAQ stock change, with Sabre owning round 70% of the company. It was run by long-time Sabre information expertise govt Terry Jones.
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