Aug 13 (Reuters) - Callidus Capital Corp CBL.TO :
* CALLIDUS CAPITAL CEO TO TAKE MEDICAL LEAVE OF ABSENCE
* EFFECTIVE IMMEDIATELY, NEWTON GLASSMAN, CO'S EXECUTIVE CHAIRMAN AND CEO , WILL TAKE A MEDICAL LEAVE OF ABSENCE
* BOARD OF DIRECTORS HAS RE-ASSIGNED GLASSMAN'S CEO RESPONSIBILITIES TO EXISTING CALLIDUS MANAGEMENT TEAM