Scandic Hotels has announced today that Thomas Engelhart, Chief Commercial Officer and member of Scandic's Executive Committee, will leave the company. From today, Scandic's President & CEO, Even Frydenberg, will temporarily assume responsibility for the company's commercial operations.

Thomas Engelhart has successfully driven and strengthened our commercial operations with positive results for the company. We are very grateful for his work and high level of dedication. In our discussions over the past few months it has become clear that Thomas and I have different views on how to work together to achieve our strategic goals. For this reason, we have agreed that Thomas will leave Scandic. We will now initiate a review of how we can best structure the management of Scandic's commercial operations, says Even Frydenberg, President & CEO of Scandic Hotels Group.

About Scandic Hotels Group

Scandic is the largest hotel company in the Nordic countries with a network of about 280 hotels with 58,000 rooms in operation and under development, in more than 130 destinations. The company is the leader when it comes to integrating sustainability in all operations and its award-winning Design for All concept ensures that Scandic hotels are accessible to everyone. Well loved by guests and employees, the Scandic Friends loyalty program is the largest in the Nordic hotel industry and the company is one of the most attractive employers in the region. Scandic is listed on Nasdaq Stockholm. www.scandichotelsgroup.com

Elin Westin
Director of Communication, Scandic Hotels Group
+46 702 777526
Scandic