General · 22 June 2026
Ocado looks for new boss after share fall
Jaggery via Wikimedia Commons (CC-BY-SA-2.0)
Investors face more uncertainty as Ocado begins planning for a leadership change after its market value dropped back to its listing level. Chairman Adam Warby is leading a search to succeed co-founder and chief executive Tim Steiner, with Sky News reporting that Vonage boss Niklas Heuveldop has been approached. Shares finished Friday at 180¾p, giving the company a value of about £1.6bn.
Reported by City AM · How we write briefs