Rogers’ departure may dampen regular speculation that Whitbread might split itself in two — something Brittain has resisted. But it also comes after Costa reported a surprising slowdown in growth in the final quarter of its financial year but said it would still hit City forecasts.
Paul’s appointment suggests Brittain is focusing on making Costa’s extensive overseas operations profitable. The international business had sales of more than £300 million in the last year but has yet to make money.
Rogers will paid until he leaves but will receive no extra pay-off.
Whitbread shares fell 95p, or 2.5%, to 374p on the news.
