Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’
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 appro
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Shares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p. Photograph: Toby Melville/ReutersView image in fullscreenShares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p. Photograph: Toby Melville/ReutersOcadoSpotlight falls on Ocado boss Tim Steiner’s £100m in payouts Reports claim replacement being lined up for co-founder amid concern over high pay and company’s struggling share priceSarah ButlerSun 28 Jun 2026 03.00 EDTLast modified on Sun 28 Jun 2026 03.01 EDTSharePrefer the Guardian on GoogleThe boss of Ocado has collected nearly £100m since the online grocery company floated on the stock market in 2010, despite…
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