Jan 30 (Reuters) - Sundial Growers Inc SNDL.O :
* SUNDIAL ANNOUNCES DEPARTURE OF CEO AND OTHER LEADERSHIP CHANGES AND OPTIMIZATION INITIATIVES
* SUNDIAL GROWERS INC - TORSTEN KUENZLEN HAS RESIGNED AS COMPANY'S CHIEF EXECUTIVE OFFICER AND WILL STEP DOWN AS A DIRECTOR, EFFECTIVE IMMEDIATELY
* SUNDIAL GROWERS INC - ZACH GEORGE, CURRENTLY A MEMBER OF SUNDIAL'S BOARD, HAS BEEN APPOINTED AS CEO AND WILL CONTINUE AS A DIRECTOR
* SUNDIAL GROWERS INC - TED HELLARD HAS STEPPED DOWN FROM HIS ROLE AS EXECUTIVE CHAIRMAN, BUT WILL CONTINUE TO SERVE ON BOARD
* SUNDIAL GROWERS INC - ANDREW STORDEUR WILL BE APPOINTED AS PRESIDENT AND COO
* SUNDIAL GROWERS INC - SEES ANNUALIZED COST SAVINGS OF APPROXIMATELY CAD$10-$15 MILLION FOR FISCAL 2020
* SUNDIAL GROWERS INC - INDUSTRY DELAYS ADVERSELY IMPACT SUNDIAL'S OPERATIONS IN SHORT TERM
* SUNDIAL GROWERS INC - SUNDIAL HAS IMPLEMENTED SEVERAL STREAMLINING AND EFFICIENCY INITIATIVES TO POSITION COMPANY FOR LONG-TERM
* SUNDIAL GROWERS - STREAMLINING INITIATIVES INCLUDE REALIGNMENT OF PRODUCT LINES & PRODUCT FORMATS, WORKFORCE OPTIMIZATION AMONG OTHERS