Ocado CEO Tim Steiner to Step Down in 2028 After Boardroom Dispute
Steiner will remain CEO for at least 18 months before departing in 2028, following a significant boardroom disagreement.
Business & Markets • 3 months ago
Tim Steiner, the founder and chief executive of online grocery technology company Ocado, is set to step down from his role in 2028. This decision follows a period of significant internal conflict, described as a boardroom battle. Steiner will continue to lead the company for at least the next 18 months.
The announcement indicates a planned transition for the leadership of Ocado, which has been navigating internal challenges. Steiner's tenure has been marked by the company's evolution from an online grocer to a provider of technology and logistics solutions for other retailers worldwide.