Ocado founder Tim Steiner to be replaced as CEO in 2028

Ocado Group has confirmed that co-founder Tim Steiner will be replaced as CEO in 2028 following weeks of speculation. Reports suggest that chair Adam Warby and billionaire Tetra Pak investor Jörn Rausing, who sits on the company’s board, had tried to oust Steiner due to its declining share price. Now an agreement seems to have … Continue reading Ocado founder Tim Steiner to be replaced as CEO in 2028