Browsing Tag
Tim Steiner
5 posts
Ocado (LSE: OCDO) shares hit 13-year low as closure payments mask weaker technology earnings
Ocado’s first-half results showed stronger retail economics, new commercial opportunities and ample liquidity, but investors focused on falling technology earnings, fewer live modules and continued underlying cash burn.
Ocado keeps Tim Steiner as CEO until 2028 as 1,000 job cuts reshape business
Tim Steiner will remain Ocado chief executive until early 2028 as the technology group cuts 1,000 jobs, reduces costs and searches for its first new leader.
Ocado Group (LSE: OCDO) sets 2028 handover date for founder CEO Tim Steiner as board formalises succession runway
Ocado Group locks founder Tim Steiner in as CEO through 2028 as LSE: OCDO trades near 52-week low ahead of half-year results on 16 July. Read the analysis.
Ocado Intelligent Automation to revolutionize McKesson Canada’s distribution
Ocado Group has revealed a significant deal for its Ocado Intelligent Automation (OIA) division to deliver automated fulfilment…
Ocado, Groupe Casino plan JV for customer fulfilment centers in France
Ocado Group and French mass-market retail group Groupe Casino plan to create a new exclusive joint venture (JV)…