Refile: BUZZ-UK's Ocado down as CEO Steiner confirms succession timeline
06/07/2026 08:16
REFILE-BUZZ-UK's Ocado down as CEO Steiner confirms succession timeline Corrects third bullet point to say 2029, not 202
** Shares of Ocado OCDO.L down 3.6% at 177p
** Online grocery technology firm says CEO Tim Steiner will continue to serve through start of 2028 financial year; succession process expected to conclude around that time
** Steiner to transition into founder role following appointment of successor, remaining actively involved through 2029
** In 2026, stock has fallen about 25%
(Reporting by Judes Joseph in Bengaluru)