Final hours! Save up to 50% OFF InvestingProCLAIM SALE

BRIEF-Sundial Announces Departure Of CEO And Other Leadership Changes

Published 2020-01-30, 08:07 a/m
BRIEF-Sundial Announces Departure Of CEO And Other Leadership Changes
SNDL
-

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.