Ocado's Founder Era Finally Gets an Expiry Date

Ocado has mapped out the eventual exit of co-founder and CEO Tim Steiner after weeks of leadership drama. Steiner will stay in charge until the start of the 2028 financial year, then shift into a founder role through 2029. The move avoids a public rupture. But it also confirms the obvious: after a 90% share price collapse and major customer setbacks, the robot grocery dream needs a new chapter.