Sundial Announces Management Transitions

CALGARY, Alberta, Oct. 23, 2019 /CNW/ - Following Sundial Growers Inc.'s (Nasdaq: SNDL) ("Sundial") acquisition of Bridge Farm in July 2019 and Initial Public Offering on the Nasdaq in August 2019, Sundial is making the following management changes.

Sundial President, Geoff Thompson, will be transitioning at the end of the year to an advisory role with the intent to be nominated to join Sundial's Board of Directors in 2020. Thompson's responsibilities will be transitioned to Chief Operating Officer, Brian Harriman, and Chief Financial Officer, Jim Keough.

"Geoff was instrumental in helping shape Sundial into the successful international cannabis company it is today," said Torsten Kuenzlen, Sundial CEO. "He played a key role in securing funding, advancing our medical (Heal) business and leading important business development and other initiatives such as our Bridge Farm acquisition. We want to thank Geoff for everything he has done for Sundial and look forward to working with him in the future."

After the successful integration of Bridge Farm into Sundial UK, David Ball, currently President Europe, will also transition into an advisory role in January 2020 for a six-month period. Louise Motala, currently Commercial Director in the UK, has been promoted to Managing Director, Sundial UK, effective immediately. Mrs. Motala brings over two decades of extensive leadership experience to her important new role. She will continue to report to Mr. Ball until his transition in January.

"We want to thank David for his leadership in building and integrating Bridge Farm into Sundial," said Kuenzlen. "As a leading agricultural indoor producer of edible herbs and ornamental flowers, Sundial UK is a strong business with great potential in its current markets. It is also ideally positioned to help Sundial become a leading cannabis company in the UK, Europe and beyond. We see significant opportunities to leverage the decades of cultivation and commercial experience to provide plant-based health solutions to national and international retailers and consumers. Given the strong leadership team David has built over the last years, we are delighted to promote Louise to her new position as our Managing Director for Sundial UK. She is uniquely qualified for this key role and we look forward to her continued important contributions to Sundial."