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Ocado Group plc is a British business based in Hatfield, England, which licenses grocery technology. It also owns a 50% share in the UK grocery retail business Ocado.com (the other 50% is owned by UK retailer Marks & Spencer). The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Tim Steiner (businessman) Tim Steiner OBE (born 9 December 1969) is a British businessman who is the co-founder and chief executive (CEO) of Ocado, the FTSE 100 online grocery and technology business. As of May 2023, Ocado had a market capitalisation of nearly £3 billion. [1] The 2020 Sunday Times Rich List estimates that Steiner is worth £ ...
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In January 2000, he started Ocado with two former colleagues from Goldman Sachs, Tim Steiner and Jonathan Faiman. [3] [4] He became chief financial officer of the company. [3] The company moved from a start-up to a household name during his 15 years there. In January 2014, Gissing announced that he would retire in May. [5]
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