Emeryville, Calif.,(BUSINESS WIRE) -- Jamba, Inc. (NASDAQ:JMBA; NASDAQ:JMBAU; NASDAQ:JMBAW) today announced that by mutual agreement, Paul Coletta, senior vice president, chief marketing and brand officer, will step down to pursue other interests.
"Paul was an integral part of driving Jamba's national brand recognition. We want to thank Paul for his contributions to Jamba and wish him well in his future," stated James White, president and chief executive officer, Jamba, Inc. Mr. Coletta's responsibilities will be assumed by existing management and team members.
Jamba, Inc. (NASDAQ:JMBA; NASDAQ:JMBAU; NASDAQ:JMBAW) is a holding company and through its wholly-owned subsidiary, Jamba Juice Company, owns and franchises JAMBA JUICE(R) stores. JAMBA JUICE is the leading blender of fruit and other naturally healthy ingredients. Founded in 1990, Jamba strives to inspire and simplify healthy living for its customers and employees. As of October 7, 2008, JAMBA JUICE had 749 stores, of which 520 were company-owned and operated.
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SOURCE: Jamba, Inc.