Skip to content
Wednesday 2 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,789.28
-0.32%
DAX
25,970.11
0.00%
CAC 40
8,301.85
0.00%
STOXX 50
6,368.98
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 18 December 2018 10:05 pm  |  Updated:  Monday 03 June 2019 3:32 am

Patisserie Valerie takes trip to Starbucks to find new commercial director

Under-pressure cake shop Patisserie Valerie has rebuilt its management team by snapping up a former Starbucks executive.

Rhys Iley will try to reinvigorate the chain’s 200 stores as he takes up the role as commercial director.

The appointment marks the end of new chief executive Steve Francis’s hiring spree after he brought in interim finance chief Nick Perrin two weeks ago.

At Starbucks, Iley rose from running its UK coffee shops to overseeing France, the Netherlands, Austria and Switzerland, the Grocer, which first reported the story, said.

“We are now ready to accelerate the initiatives already underway to reinvigorate our stores. As Rhys is a coffee enthusiast you can expect us to put more flair and energy into our coffee offering as a priority [amongst many other ideas],” chief executive Francis told the paper.

The Financial Reporting Council has said it plans to investigate the chain’s auditor Grant Thornton over a £40m black hole in the company's accounts.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Retail

Related Topics

Trending Articles

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • Jaguar reveals the Type 01’s screen-free interior

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Easyjet’s over-60s recruitment push is economically necessary

  • As it happened: FTSE 100 slides as bound rout deepens; Oil jumps as Trump vows more strikes on Iran

More from Morning Wire

  • Former Interpath Advisory chair takes helm at sustainability consultancy after chief executive exit

    Consulting
    Canada skyline representing the potential legal impact of Labours flexible working reforms on businesses
  • Top FTSE headhunter rescued by rival after plunging into administration

    Consulting
    Consultancy sector and AI
  • Can debt-ridden Morrisons become a Big Four supermarket again?

    Retail
    Green Instacart shopping cart outside a modern Morrisons supermarket entrance with large glass windows
  • Hiscox finance chief: London’s AI adoption is too slow

    Opinion
    Paul Cooper, a man in a navy suit, gestures during a business meeting at a conference table.
  • John Lewis boss quits after warnings of ‘really tough’ trading

    Retail
    Two men, one in an olive green coat, the other in a blue blazer, both smiling.
  • The Danish retailer plotting to outsmart ‘unsentimental’ Modella Capital

    Retail
    Man in suit seated in a Sostrene Grene store, surrounded by homeware and gift items.
  • Rosslyn Coffee boss James Hennebry tells us the secret to great coffee

    Life&Style
    Smiling barista wearing a ROSSLYN apron serving a customer at a coffee shop counter.
  • ‘Big hitter’ Baldock readies Boots makeover

    Retail
    Boots remains one of the group’s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff/Getty Images)
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook