Spotlight falls on Ocado boss Tim Steiner’s £100m in payouts

Published June 28, 2026 · Category: Markets

Overview

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.

Details

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 approached at least one potential replacement.

Source

Originally published at www.theguardian.com.

Related Articles

• Lost your crypto access code? Be wary, there‘s a scam for that too
• Labour has abandoned the missions that brought it to power. Here's how Burnham could revive them. | Mariana Mazzucato
• Ryan Cohen passes on GameStop payday to keep pushing one acquisition