BriefTea
Every story in sixty words
Get the free app no ads · no paywallBusiness · 6 July 2026
Jaggery via Wikimedia Commons (CC-BY-SA-2.0)
Customers and investors now have a clearer timeline for Ocado’s future leadership. Tim Steiner will stay as chief executive until the start of the 2028 financial year before taking a founder role through 2029, while the company looks for his successor. Steiner co-founded Ocado in 2000 and owns a 2.35% stake in the business.
Reported by City AM · How we write briefs
More briefs
BusinessPound climbs to $1.3329 after strong August UK growth data BusinessBritish Food and Drink Exports to EU Fall by Over a Third BusinessIMF economist says UK should cut spending, not tax banks PoliticsHealey Rejects Mansion Tax Change That Would Double Homes Affected BusinessOfgem Plans Charge That Could Make Cheap Energy Deals Harder to Find BusinessBank of England's Bailey Says Inflation Pressures Subdued as Rate Rise Looms More business stories → Browse all stories →We would like to count visits and see which links bring readers here. That means storing a random ID in your browser. No cookies, no ads, no profile. How it works.