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Is Ocado co-founder Tim Steiner set to be replaced as CEO?

Published: June 22, 2026 at 9:13 am

Author: Jonathan Symcox

Ocado Group plc is reportedly set to appoint a successor to co-founder and CEO Tim Steiner.

Steiner founded the company in 2000 with former Goldman Sachs colleagues Jonathan Faiman and Jason Gissing. 

Now, weeks after it unveiled a new online retail partnership with Asda, Sky News reports that Niklas Heuveldop – chief executive of Vonage, a subsidiary of Sweden’s Ericsson – has been approached about potentially taking over as CEO.

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