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

8 hrs ago1 মিনিট পড়া

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 approached at least one potential replacement.

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