James D. White Elected Non-Executive Chairman, Daymon Worldwide Board of DirectorsJanuary 7, 2016
STAMFORD, Conn., January 7, 2016 – Daymon Worldwide announced today that James D. White, Chairman, President and CEO of Jamba Inc. (NSDQ: JMBA) has been elected Non-Executive Chairman of the Daymon Worldwide Board of Directors, effective March 3, 2016. White will succeed longtime Daymon board member Ron Daitz in the Non-Executive Chairman role. Daitz, the former Senior Partner in the Institutional Finance practice at Weil, Gotshal & Manges LLP, remains a Director of Daymon Worldwide.
White joined the Daymon board in 2010 and has served as Chairman of the Leadership Development and Compensation Committee since 2011.
White is a veteran retail and CPG executive. As Chairman, President and CEO of Jamba Inc., he led a transformation and turnaround that positions Jamba Juice as a top healthy living brand. The company, which owns and franchises nearly 900 Jamba Juice restaurants, has accelerated growth plans both domestically and internationally.
White previously held senior executive roles at Safeway, Gillette and Ralston Purina. He started his career at the Coca-Cola Company. At Safeway, he was the top private brands executive and received broad recognition and several awards for innovative branding, including the introduction of the retailer’s highly successful line of organic foods. White serves as a board member of the NASDAQ Entrepreneurial Center. Based in San Francisco, the Center is a non-profit organization created to connect, inspire and educate aspiring and current entrepreneurs by conducting original research on entrepreneurs, offering educational and training events and developing and fostering lasting connections. He also serves on the board of the Conscious Capitalism, Inc. the non-profit dedicated to cultivating the theory and practice of Conscious Capitalism, which recognizes every business has a higher purpose that is more than making money. White is an alumnus of the Cornell Food Executive Program.
Daymon Worldwide CEO Jim Holbrook commented: “I have known James for many years and he is a proven leader in the world of retail and brand-building. He has been a highly-effective director at Daymon Worldwide for the past five years, and I am delighted that he has accepted the challenge to take on even greater responsibilities with our board and our company.”
“Daymon Worldwide is an exceptional company and a powerful ally for smart retailers in dozens of countries,” said White. “I look forward to my new role to help advance Daymon’s value and growth the years ahead.”
Holbrook also expressed thanks to Daitz for his tenure as Non-Executive Chairman. “Ron’s longstanding ties to Daymon and his passion for Daymon’s success are unmatched. He has played a central role in many critical decisions in our company’s history, and effectively led our transition to employee ownership. I am delighted he remains on our board and a key player in our future plans,” Holbrook said.
About Daymon Worldwide:
Daymon Worldwide provides expert global retail strategies and services that make the cash register ring. We are global leaders in building successful private brands, and delivering high-impact experiential consumer marketing and in-store services. Our business network includes more than 100 major retailers and nearly 6,000 manufacturers in 50 countries. We currently handle more than 1,700 brands and approximately 165,000 individual SKUs globally. Founded in 1970, today we have more than 39,500 highly-trained and passionate associates worldwide, with offices on six continents. For more information, please visit www.daymon.com.