Jamba Inc. , the company behind the Jamba Juice chain of fruit juice and smoothie shops, named David Pace chief executive officer, succeeding James White. Pace will start with the company on Mar. 14. He joins from Bloomin’ Brands Inc. whose casual dining restaurant chains include Carrabba’s Italian Grill, where Pace was president from 2014, Outback and Bonefish Grill. Jamba also announced that Richard Federico, a member of the board since 2006, will assume the role of chairman and independent director of the board, effective immediately. Jamba shares are down 22.1% for the past 12 months while the Nasdaq is down 5.9% for the same period.
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