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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This article was originally published by The Guardian and written by Sarah Butler.
Read original article on The Guardian