Jamba Prepares for Leadership Transition

James White plans to retire from his post as president, chief executive officer and chairman of the board for Jamba, Inc. The company has hired a search firm to help find White's replacement and he will remain in his current position overseeing Jamba's operations until a successor is named.

"While I've thought about this transition for a while, the timing has been influenced by the virtual completion of our accelerated refranchising initiative, which now positions Jamba as a 90 percent franchised entity," White said in a company release. "At this point, after seven years as CEO, I feel it is right for me to move on and for the board to transfer leadership to a new generation."

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