Ocado succession talks intensify as share price slump piles pressure on Tim Steiner
Ocado’s search for a potential successor to founder and chief executive Tim Steiner appears to be gathering pace, following reports that the online grocery technology business has approached external candidates about the role.
The company issued a statement this week confirming that its chief executive and board “continually engage in long-term succession planning” and “regularly engage with potential candidates”, after Sky News reported that talks were underway to