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Bloomberg

Ocado Says Co-Founder Tim Steiner to Step Down as CEO in 2028

Monday, July 6, 2026


Ocado Group Plc announced that Chief Executive Tim Steiner will step down at the start of its 2028 financial year. Steiner co-founded the British online grocery delivery company and has led it since its inception. The company has faced operational challenges and a decline in its stock price in recent periods.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-06/ocado-says-co-founder-tim-steiner-to-step-down-as-ceo-in-2028

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