Article
Software & SaaS CEO succession Ocado

Ocado confirms CEO succession planning is under way

Ocado Group has acknowledged media speculation over its chief executive's future, confirming the board is actively engaged in long-term succession planning.

by tickstock newsroom
A delivery truck with a large advertisement featuring colorful plums is parked outside a community shop. A person is seen opening the truck's rear door, indicating a delivery or restocking activity. bImage courtesy of Ocado Group.

Ocado Group (LSE:OCDO) is in active discussions with potential candidates to succeed its current chief executive, the online grocery technology company confirmed on 22 June.

The statement, responding to media speculation, says the CEO and board "continually engage in long-term succession planning and regularly engage with potential candidates."

No timeline, shortlist or incumbent departure date was given.

by tickstock newsroom