Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’
Shares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p. Photograph: Toby Melville/ReutersView image in fullscreenShares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p. They said “the majority [of insiders] back Tim.
- ▪Shares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p.
- ▪Photograph: Toby Melville/ReutersView image in fullscreenShares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p.
- ▪They said “the majority [of insiders] back Tim.
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| Original publisher | World news | The Guardian |
| Canonical URL | https://www.theguardian.com/business/2026/jun/28/ocado-boss-tim-steiner-payouts |
| Publication time | Sun, 28 Jun 2026 09:07:49 GMT |
| Retrieval time | 2026-06-28T08:26:35.861Z |
| Last seen | 2026-06-28T09:50:52.125Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | HTh0kFmEdHuA |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
Shares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p. Photograph: Toby Melville/ReutersView image in fullscreenShares in Ocado fell this week on reports of Tim Steiner’s potential exit, sinking to as low as 172.2p, short of the 2010 float price of 180p. Photograph: Toby Melville/ReutersOcadoSpotlight falls on Ocado boss Tim Steiner’s £100m in payouts Reports claim replacement being lined up for co-founder amid concern over high pay and company’s struggling share priceSarah ButlerSun 28 Jun 2026 03.00 EDTLast modified on Sun 28 Jun 2026 03.01 EDTSharePrefer the Guardian on GoogleThe boss of Ocado has collected nearly £100m since the online grocery company floated on the stock market in 2010, despite…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.
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