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Costa Coffee Appoints New CEO

Costa Coffee has appointed Philippe Schaillee as its next Chief Executive, effective 10 April.

He is joining the Coca-Cola-owned coffee group from appliances maker Groupe SEB, where he has served as executive VP in charge of Products and Innovation since April 2021. Schaillee previously worked for Jacob Douwe Egberts (JDE), where he was president of its Professional Coffee Division.

At Costa, he will succeed Jill McDonald, who joined the company as CEO in 2019. She announced in July 2022 that she was stepping down 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.

Schaillee, who will be based in London, will report to the president of Global Ventures for The Coca-Cola 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.”