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SNDL Announces Departure of Liquor Segment President

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SNDL Inc. (Nasdaq: SNDL) has announced the retirement of Taranvir (Tank) Vander, President of the Liquor Division, after two decades of leadership in the liquor industry. Vander's career began as a liquor store Manager in the early 2000s, progressing through various roles before founding Ace Liquor in 2013. He later partnered with Alcanna Inc. in 2019, contributing to its growth as one of Canada's largest liquor retailers. SNDL's CEO, Zachary George, expressed gratitude for Vander's exceptional contributions. Navroop Sandhawalia, the current Vice President of Finance Liquor Retail, will serve as Interim President of the Liquor Division while SNDL searches for a permanent replacement.

SNDL Inc. (Nasdaq: SNDL) ha annunciato il ritiro di Taranvir (Tank) Vander, Presidente della Divisione Liquori, dopo due decenni di leadership nell'industria dei liquori. La carriera di Vander è iniziata come Manager di un negozio di liquori all'inizio degli anni 2000, progredendo attraverso vari ruoli prima di fondare Ace Liquor nel 2013. Successivamente, ha collaborato con Alcanna Inc. nel 2019, contribuendo alla sua crescita come uno dei maggiori rivenditori di liquori in Canada. Il CEO di SNDL, Zachary George, ha espresso gratitudine per le eccezionali contribuzioni di Vander. Navroop Sandhawalia, l'attuale Vice Presidente della Finanza Retail Liquor, fungerà da Presidente ad interim della Divisione Liquori mentre SNDL cerca un sostituto permanente.

SNDL Inc. (Nasdaq: SNDL) ha anunciado la jubilación de Taranvir (Tank) Vander, Presidente de la División de Licores, después de dos décadas de liderazgo en la industria de licores. La carrera de Vander comenzó como gerente de una tienda de licores a principios de los años 2000, progresando a través de varios roles antes de fundar Ace Liquor en 2013. Más tarde se asoció con Alcanna Inc. en 2019, contribuyendo a su crecimiento como uno de los mayores minoristas de licores en Canadá. El CEO de SNDL, Zachary George, expresó su agradecimiento por las excepcionales contribuciones de Vander. Navroop Sandhawalia, el actual Vicepresidente de Finanzas Retail de Licores, asumirá como Presidente Interino de la División de Licores mientras SNDL busca un reemplazo permanente.

SNDL Inc. (Nasdaq: SNDL)는 주류 부문 사장인 Taranvir (Tank) Vander의 퇴임을 발표했습니다. 그는 주류 산업에서 20년 이상의 리더십을 남겼습니다. Vander의 경력은 2000년대 초 주류 매장 관리자로 시작하여 다양한 역할을 거쳐 2013년에 Ace Liquor를 설립했습니다. 이후 2019년에 Alcanna Inc.와 파트너십을 맺으며 캐나다 최대의 주류 소매업체 중 하나로 성장하는 데 기여했습니다. SNDL의 CEO인 Zachary George는 Vander의 뛰어난 기여에 감사의 뜻을 전했습니다. 현재 주류 소매 금융 부사장인 Navroop Sandhawalia는 SNDL이 영구적인 후임자를 찾는 동안 주류 부문 임시 사장직을 맡게 됩니다.

SNDL Inc. (Nasdaq: SNDL) a annoncé le départ à la retraite de Taranvir (Tank) Vander, Président de la Division des Spiritueux, après deux décennies de leadership dans l'industrie des spiritueux. La carrière de Vander a débuté en tant que Responsable d'un magasin de spiritueux au début des années 2000, progressant à travers divers rôles avant de fonder Ace Liquor en 2013. Il a ensuite noué un partenariat avec Alcanna Inc. en 2019, contribuant à sa croissance en tant que l'un des plus grands détaillants de spiritueux au Canada. Le PDG de SNDL, Zachary George, a exprimé sa gratitude pour les contributions exceptionnelles de Vander. Navroop Sandhawalia, l'actuel Vice-Président Finances Retail Spiritueux, assumera le poste de Président intérimaire de la Division des Spiritueux pendant que SNDL recherche un remplaçant permanent.

SNDL Inc. (Nasdaq: SNDL) hat den Rücktritt von Taranvir (Tank) Vander, Präsident der Spirituosenabteilung, nach zwei Jahrzehnten an der Spitze der Spirituosenindustrie bekannt gegeben. Vaters Karriere begann in den frühen 2000er Jahren als Filialleiter eines Spirituosengeschäfts, bevor er 2013 Ace Liquor gründete. Später trat er 2019 in eine Partnerschaft mit Alcanna Inc. ein und trug so zum Wachstum des Unternehmens als eines der größten Spirituosen Einzelhändler Kanadas bei. Zachary George, der CEO von SNDL, drückte seine Dankbarkeit für Vaders außergewöhnliche Beiträge aus. Navroop Sandhawalia, der derzeitige Vizepräsident für Finanzen im Spirituosen Einzelhandel, wird interimistisch als Präsident der Spirituosenabteilung fungieren, während SNDL nach einem dauerhaften Nachfolger sucht.

Positive
  • Smooth transition plan with an interim President in place
  • Recognition of strong leadership and innovation in the liquor segment
Negative
  • Departure of a key executive with extensive industry experience
  • Potential disruption in leadership of the Liquor Division

CALGARY, AB, Sept. 10, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today that after two decades of leadership and innovation in the liquor industry, Taranvir (Tank) Vander, President, Liquor Division, is retiring from SNDL to pursue new opportunities.

Starting as a liquor store Manager in the early 2000s, Tank advanced to roles including Area Manager and General Manager before founding the Ace Liquor Corporation in 2013, growing it to 15 stores. In 2019, he partnered with Alcanna Inc., helping transform the company into one of Canada's largest liquor retailers, and continued to guide the SNDL liquor team with record performance for the last 2 years.

Zachary George, Chief Executive Officer of SNDL, expressed his gratitude and well wishes, "We want to thank Tank for his exceptional contributions and leadership, and wish him continued success in his future endeavors."

Navroop Sandhawalia, SNDL's current Vice President, Finance Liquor Retail, will be stepping in as Interim President, Liquor Division as SNDL begins the search for Tank's replacement.

ABOUT SNDL INC. 

SNDL is a public company whose shares are traded on the Nasdaq under the symbol "SNDL." SNDL is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis. SNDL is a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, premium indoor cultivation, product innovation, low-cost manufacturing facilities, and a cannabis brand portfolio that includes Top Leaf, Contraband, Palmetto, Bon Jak, Versus, Value Buds, and Vacay. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the North American cannabis industry. For more information on SNDL, please go to https://sndl.com/.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sndl-announces-departure-of-liquor-segment-president-302244048.html

SOURCE SNDL Inc.

FAQ

Who is retiring from SNDL's Liquor Division?

Taranvir (Tank) Vander, President of SNDL's Liquor Division, is retiring after two decades of leadership in the liquor industry.

Who will be the interim President of SNDL's Liquor Division?

Navroop Sandhawalia, SNDL's current Vice President of Finance Liquor Retail, will step in as Interim President of the Liquor Division.

What was Tank Vander's role in SNDL's liquor business?

Tank Vander was the President of SNDL's Liquor Division, guiding the team to record performance for the last 2 years and contributing to the company's growth as one of Canada's largest liquor retailers.

How long has Tank Vander been in the liquor industry?

Tank Vander has been in the liquor industry for two decades, starting as a liquor store Manager in the early 2000s and progressing through various leadership roles.

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Beverages - Wineries & Distilleries
Consumer Defensive
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United States of America
Calgary