Ocado Shareholders Blocked Board Push to Oust Steiner Before Planned Exit

Ocado chair Adam Warby and non-executive director Jörn Rausing sought to force Tim Steiner's early departure after the share price fell. Long-term institutional investors resisted, backing the founder instead. Steiner now exits on his timeline—December 2027—in what amounts to a shareholder victory over board pressure, though Warby's succession-planning expertise may shape the transition behind closed doors.