Leadership
Max Wetzel named CEO of Tropical Smoothie Café
Wetzel replaces outgoing CEO Charles Watson, who led the rapidly growing healthful fast-casual concept for six years through an acquisition.
Financing
Fast-growing Tropical Smoothie is being sold to Blackstone
The Atlanta-based fast-casual smoothie chain, which has thrived in recent years, is being sold to the private-equity giant for $2 billion.