On April 10, Coca-Cola Co. subsidiary Costa Coffee announced that Philippe Schaillee would become their new Chief Executive Officer. Mr Schaillee, who previously held the position of Executive Vice President of Products and Innovation at Groupe SEB, will be taking over the role from Jill McDonald.

Before his role at Groupe SEB, Mr Schaillee spent five years as President of Jacob Douwe Egberts Group’s professional coffee division, where he oversaw the development and growth of the division. He also has over 13 years of experience in various leadership roles at Sara Lee, a global consumer packaged goods company.

Evguenia (Jeny) Stoichkova, president of Global Ventures for The Coca-Cola Co. Said “Philippe is an outstanding leader who comes to Costa with a deep background in business and a passion for building great brands,” and added, “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.”

Mr Schaillee’s educational background includes a Bachelor’s degree in Economics from Catholic University Leuven and a Master’s degree in Business Administration from Vlerick Leuven Ghent Management School. These qualifications, combined with his extensive experience in the coffee and consumer packaged goods industries, make him well-suited for the role of CEO at Costa Coffee.

Jill McDonald, who has served as CEO of Costa Coffee since 2018, will be succeeded by Mr Schaillee. Under her leadership, the company has undergone significant changes, including a focus on sustainability and digitalization. Mr Schaillee will be taking over at an exciting time for Costa Coffee, as the company continues to expand its global footprint and introduce new products and services to customers around the world.