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Why Ocado has chosen now to settle its CEO succession plans
After nearly two weeks of gathering speculation and reports of an increasingly bitter boardroom battle, Ocado has today laid out its succession plans for chief executive Tim Steiner.
- Ocado co-founder Tim Steiner to stay as CEO until 2028 financial year
- Announcement follows reports of boardroom dispute
- Steiner will then move into a “founder role” in 2029
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