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IN BRIEF: Ocado confirms looking for successor to CEO Tim Steiner

22nd Jun 2026 08:58

Ocado Group PLC - Hatfield, Hertfordshire-based grocer and warehouse technology firm - Confirms that Chief Executive Officer Tim Steiner and the board "continually engage in long-term succession planning and regularly engage with potential candidates." The statement by Ocado comes after Sky News reported that Ocado is preparing to appoint a successor to Steiner, the founding chief executive officer of Ocado.

Current stock price: 174.77 pence each, down 3.3% on Monday morning in London

12-month change: down 24%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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