Ocado investors push back against Tim Steiner exit plan

A group of major Ocado shareholders are pushing the board to rethink plans to replace chief executive Tim Steiner, as the retailer faces a growing split over the future of its long-standing boss.
Several top 10 investors have written to Ocado’s board in recent days to express support for Steiner, according to the Financial Times, after the online grocery and technology group confirmed it was working on long-term succession planning.
Ocado said earlier this week that its chief executive and