Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

General · 28 June 2026

Tim Steiner got nearly £100m from Ocado

Tim Steiner got nearly £100m from Ocado

Jaggery via Wikimedia Commons (CC-BY-SA-2.0)

Investors and workers are under growing focus over executive rewards as questions continue about company performance. Since Ocado joined the stock market in 2010, chief executive Tim Steiner has received almost £100m in pay, while the business has begun quiet planning for a future leadership change. One payment reached £59m in 2019 after technology licensing agreements.

Reported by The Guardian · How we write briefs

More briefs

WorldTrump says America might bomb Iran's underground Pickaxe Mountain nuclear site PoliticsAndy Burnham rules out Scottish independence vote while offering more local powers GeneralObama praises Manchester workers who starved for US anti-slavery fight GeneralEnergy firms get winter loss protection if customers switch to cheaper deals SportsWhy HMRC just got £110m from football tax checks BusinessPound climbs to $1.3329 after strong August UK growth data More top stories → Browse all stories →