(Reuters) Britain’s Whitbread, owner of Costa Coffee and Premier Inn, on Thursday appointed as chairman Adam Crozier, a former chief executive of broadcaster ITV Plc and Royal Mail Plc. He will replace Richard Baker, who will retire at the end of February. Crozier joined Whitbread’s board last April and became senior independent director in September. He was credited with restoring ITV’s fortunes by reducing its reliance on advertising and expanding its production business.
Last month, U.S.-based hedge fund Sachem Head Capital Management declared a 3.4 percent stake in the British hotel and coffee chain operator.

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