Key facts
- Tim Steiner will step down as CEO of Ocado.
- The transition will occur at the start of the 2028 financial year.
- A succession plan was orchestrated by chairman Adam Warby.
- Tim Steiner will move to a founder role.
- He will provide strategic guidance in his new role.
Ocado founder Tim Steiner is preparing to step down from his role as chief executive officer. His departure is scheduled for the start of the 2028 financial year. This transition is part of a succession plan that has been orchestrated by the company's chairman, Adam Warby. Following his stepping down as CEO, Steiner will assume a new position as a founder within the company. In this capacity, he will continue to provide strategic guidance to Ocado. The succession plan indicates a planned leadership change for the online grocery technology firm.