Scandic’s Nomination Committee Proposes New Board Members

Scandic’s Nomination Committee Proposes New Board Members

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Released on 07/03/24 – Updated on 07/03/24

Scandic's Nomination

Scandic Hotel Group AB’s Nomination Committee has actually advised Michael Levie and Frank Veenstra as prospective additions to Scandic’s Board of Directors ahead of the 2024 Annual General Meeting.

It requires to be kept in mind that Grant Hearn and Martin Svalstedt have actually decided not to look for re-election.

The Nomination Committee views Michael Levie and Frank Veenstra as prospects with important know-how in business operations, development methods, and global financial investments, improving the Board’s abilities.

Michael Levie, co-founder of citizenM, brings experience from leading functions at NH Hotels and Sonesta Hotels, along with an MBA from ESSEC Business Schoolin hospitality management

Frank Veenstra’s background consists of international financial investments and possession management functions at NH Hotels and the Abu Dhabi Investment Authority, paired with advisory positions in mutual fund.

The Nomination Committee likewise advises the re-election of existing Board members Gunilla Rudebjer, Fredrik Wirdenius, Kristina Patek, and Per G. Braathen as Chairman.

The Annual General Meeting is set up for May 16, 2024, at Vasateatern, Scandic Grand Central in Stockholm.

Scandic Hotels Group

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