Ocado co-founder to step down as chief executive in 2028

2 weeks ago

Online grocer says Tim Steiner will remain as CEO until December 2027 before taking on ‘founder role’ for a further year

Ocado’s co-founder and chief executive, Tim Steiner, will stand down in 2028 after weeks of speculation over the online grocer’s leadership.

Steiner, who co-founded Ocado in 2000 with two other former Goldman Sachs bankers, will continue to serve as chief executive until the start of the 2028 financial year, which begins in December 2027, by which point the company hopes to have a successor in place.

Continue reading...
Click here to Read More
Previous Article
EV charger rollout in UK slows amid political uncertainty and rise in installation costs
Next Article
OPEC+ agrees another modest output rise as oil prices fall back to pre-war levels

Related World Updates:

Are you sure? You want to delete this comment..! Remove Cancel

Comments (0)

    Leave a comment