Ocado co-founder to step down as chief executive in 2028
Tim Steiner, co-founder and chief executive of Ocado, will step down in December 2027, transitioning to a 'founder role' until 2029. The company aims to have a successor appointed by the beginning of the next financial year, following recent challenges including a significant drop in share price over the past year. Steiner holds a 2.35% stake in the company.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 06 Jul 2026, 08:53 UTC · Updated 06 Jul 2026, 09:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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