Ocado lines up ex-Microsoft executive to take over as chairman, Sky News says (updated)

SoftwareOne Holding AG

21/10/2024 12:17

(Adds details from report in paragraph 2, Ocado's reply in
paragraph 3)
       Oct 21 (Reuters) - Ocado Group  OCDO.L  is lining up
Adam Warby, a former Microsoft executive, to replace Rick
Haythornthwaite as the grocery technology company's chairman,
Sky News reported on Monday.
    An announcement confirming Warby's appointment could come as
early as next month, the report added.
        Ocado declined to comment to a Reuters request.
  
        The Hatfield, UK-based company had announced in April
that 
    Haythornthwaite
     will step down from the board next year due to his
"increasing commitment" at banking group NatWest  NWG.L  as
group chairman.
    A seasoned veteran, Warby has served numerous top positions
at companies such as executive search firm Heidrick & Struggles
 HSII.O , Swiss software firm SoftwareOne  SWON.S  and
U.S.-based investment firm KKR  KKR.N .

 (Reporting by Yamini Kalia in Bengaluru; Editing by Shreya
Biswas)
 ((Yamini.Kalia@thomsonreuters.com;))