UK's Ocado slips on CEO succession planning
22/06/2026 08:19
BUZZ-UK's Ocado slips on CEO succession planning ** Shares of British technology firm Ocado Group OCDO.L fall 2.3% to 176.7 pence
** Co says chief executive Tim Steiner and board are continuing long-term CEO succession planning and engaging with potential candidates
** Sky News reported on Sunday that Niklas Heuveldop, chief executive of Vonage, a subsidiary of Sweden's Ericsson ERICb.ST, had been sounded out for the role
** As of last close, stock down 23.4% YTD
(Reporting by DhanushVignesh Babu in Bengaluru)
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