Costa Coffee’s CEO Dominic Paul will step down next week having led the coffee chain through its sale to Coca-Cola.
He will be succeeded by Jill McDonald (right), an experienced retail specialist who most recently served as managing director of Marks & Spencer’s clothing business.
“Dominic led a significant reshaping of Costa’s international footprint, the expansion of the brand across multiple new platforms and a wide-ranging reset of the core UK business strategy,” said Jennifer Mann, president of global ventures for The Coca-Cola Company.
New boss McDonald, who will report to Ms Mann, said: “I have long been a fan of Costa and have watched the company grow in the UK and far beyond. I look forward to joining the Costa leadership team and building on the great foundation and growth potential in the business.”
Prior to her time at Marks & Spencer, she served as CEO of Halfords Group and also served as UK CEO and division president for North Europe at McDonald’s.
Coca-Cola said that Mr Paul will remain with Costa as a special advisor through to February 2020, supporting the transition.
Costa Coffee operates more than 2,600 coffee shops in the UK and 1,300 internationally.