The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Costa Coffee has appointed Philippe Schaillee as its next CEO, effective 10 April 2023. He will succeed Jill McDonald, who joined the coffee company as chief executive in 2019. McDonald decided to step down in July 2022 to join fast-food chain McDonald's in an international role. Since McDonald's departure, Shakir Moin has been serving as interim CEO and will continue to support the business until Schaillee takes over. Most recently, Schaillee has been senior EVP at France-based Groupe SEB, responsible for the small domestic appliances and cookware business units, a position he has held since April 2021. Schaillee, who will now be based in London, will report to the president of global ventures for The Coca-Cola Company – Costa's parent company – Evguenia Stoichkova. “Philippe is an outstanding leader who comes to Costa with a deep background in business and a passion for building great brands,” said Stoichkova. “We look forward to working with Philippe to expand on the plans we have developed to grow Costa, both in its home country of England and beyond.”