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    Ocado CEO Tim Steiner to Stay Until 2027

    2 weeks ago

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    Tim Steiner, co-founder and CEO of Ocado, will remain in his position until December 2027 as the company finalizes succession plans. After his successor is appointed, he will transition to an advisory role until 2029. The decision comes amid pressure due to falling share prices and restructuring efforts, including job cuts affecting 5% of the workforce.
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