Scandic’s chief portfolio officer to leave company

by | 06 Sep 2020 | Portfolio

Svein Arild Steen-Mevold is quitting Scandic to embark upon new challenges elsewhere

Svein Arild Steen-Mevold calls it quits after ten years with Scandic, having steered the ship through the turbulent waters of the first wave of Covid19.

Scandic’s outgoing chief portfolio officer is set to take up exciting new positions at Adolfsen Group and Norlandia Hotel Group. Steen-Mevold will be able to bring his considerable experience at the Nordic region’s largest hotel group to bear in the next chapter of his impressive career.

Scandic says goodbye to Steen-Mevold

Scandic has announced that its veteran chief portfolio officer, Steen-Mevold, will leave the company at the end of September to take on new positions at other hospitality organisations. Steen-Mevold was with Scandic from 2010 to 2020, and held the position of country head of Scandic’s Norwegian operations from 2010 to 2019, before taking on the newly created role of chief portfolio officer in January 2020. Scandic president and CEO Jens Mathiesen will assume responsibility for managing Scandic’s portfolio for the time being.

Steen-Mevold said: “I’m proud of what we’ve achieved during my years at Scandic and it was not an easy decision to leave the company. I truly enjoyed my time as chief portfolio officer even though much of the work focused on mitigating the immediate effects of the Covid19 pandemic on our operations.”

New roles, new futures

When announcing the news on 21 August, Scandic said that Steen-Mevold would remain in his current position until 31 August and “be at the company’s disposal” until 30 September. At this point, he will then start his new role with overall responsibility for tourism at the Adolfsen Group and become chairman of the board of Norlandia Hotel Group.

Mathiesen said: “For many years, Svein Arild has successfully led Scandic’s Norwegian operations. As chief portfolio officer he has driven constructive dialogues with our property owners, which was crucial to get us through a period of extremely low occupancy.

“I would like to extend my heartfelt thanks to Svein Arild for his contributions to Scandic and I wish him all the best as he now moves on to new challenges. Together with vice president business development Jesper Engman, I will take over responsibility for discussions with property owners regarding lease agreements, a prioritised area for us.”


Scandic is the leading hotel chain in the Nordics. Today, it has hotels in operation or under development all across the Nordic region, as well as in other destinations around Europe.