Adam Warby

Tim Steiner, a co-founder and the current chief executive of Ocado, has announced his intention to step down from his leadership role. He is slated to leave his position at the start of the 2028 financial year, which commences in December 2027. Steiner, who established Ocado in 2000 alongside two former Goldman Sachs colleagues, will continue to lead the online grocer until a successor is identified and in place. This announcement comes amid recent speculation regarding the company's leadership. Steiner has indicated he does not intend to act as a 'puppet master' post-departure, emphasizing a smooth transition. His tenure has been significant in shaping Ocado's trajectory in the online grocery sector.