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Business & Finance

Spotlight falls on Ocado boss Tim Steiner’s £100m in payouts

The Guardian Business Sunday 28 June 2026, 07:00 UTC By Sarah Butler 1 min read
Key Points

Reports claim replacement being lined up for co-founder amid concern over high pay and company’s struggling share priceThe boss of Ocado has collected nearly £100m since the online grocery company floated on the stock market in 2010, despite its share price now languishing below its flotation level, analysis has shown. Tim Steiner, a former Goldman Sachs trader who co-founded the British technology company in 2000, is thought to be in discussions over his future after it emerged Ocado had...

Reports claim replacement being lined up for co-founder amid concern over high pay and company’s struggling share price

The boss of Ocado has collected nearly £100m since the online grocery company floated on the stock market in 2010, despite its share price now languishing below its flotation level, analysis has shown.

Tim Steiner, a former Goldman Sachs trader who co-founded the British technology company in 2000, is thought to be in discussions over his future after it emerged Ocado had approached at least one potential replacement.

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Tim Steiner’s (PERSON) Ocado (ORG) Tim Steiner (PERSON) Goldman Sachs (ORG) British (ORG)
Originally published by The Guardian Business Read original →

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