Ocado boss Steiner ‘energised on future’ despite succession battle

Ocado boss Steiner ‘energised on future’ despite succession battle

Ocado boss Tim Steiner has insisted he is “as excited and energised” about the firm’s future following a battle over his succession which will see him depart in around 18 months.  The co-founder and chief executive of the FTSE 250 firm is expected to step back from his current role as soon as December 2027 and “transition into a founder role”.  The timeline for Steiner’s departure followed a boardroom plot, led by chair Adam Warby, to remove the…

Ocado boss Tim Steiner denies he will be ‘puppet master’ after CEO exit

Ocado co-founder Tim Steiner has insisted he will not seek to control the business from behind the scenes when he steps down as chief executive. Steiner is due to leave the top job in 2028 before moving into a founder role for a further year, during which he will provide strategic guidance and support to the board. The succession plan follows reports of tensions between Steiner and Ocado chairman Adam Warby, who was said to have started searchin…