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Source:
The Guardian
The Guardian
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Shares in Ocado declined this week amid reports that CEO Tim Steiner may exit the company, with the share price falling below its 2010 flotation level. Steiner has received nearly £100 million in payouts since the company's IPO, raising concerns over pay fairness and corporate accountability. Ocado's board is reportedly considering a successor, with discussions involving at least one external candidate, amidst shareholder divided opinions and a significant decline in the company's share value.
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