Costa Coffee owner Whitbread plc (LON:WTB) said on Thursday chairman Richard Baker is to step down at the end of February.
He will be replaced by Adam Crozier, a senior independent director of Whitbread and former chief executive of ITV plc (LON:ITV).
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Crozier left the helm of ITV in June 2017 after seven years in the role, during which time he attempted to shift the broadcaster away from its over-reliance on TV ad revenue by building the digital channel.
He also previously served as chief executive at the Football Association and Royal Mail Group PLC (LON:RMG).
“I am delighted to become chairman of Whitbread and to help steer the company through the next chapter of its long history,” Crozier said in a statement.
Baker, who was appointed chairman in September 2014 after five years as an independent non-executive director on the board, said he felt it was the right time to hand over the reins after progressively scaling back his business responsibilities earlier last year.
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"As I now approach my ninth Whitbread year end, we are executing our strategic plan to build a bigger and better Whitbread for the benefit of all stakeholders,” he said.
“We have a well-established chief executive and executive team, a refreshed board, and considerable momentum in delivering this plan.”