The Chonkerton

Spotlight falls on Ocado boss Tim Steiner’s £100m in payouts

business

According to the Guardian, Ocado co-founder Tim Steiner has collected nearly one hundred million pounds in payouts since the company's twenty ten stock market debut — despite its share price now sitting below that flotation level. Steiner, a former Goldman Sachs trader, has drawn intense scrutiny for his compensation package as the company struggles to reward shareholders. Reports now suggest Ocado is exploring replacements, with Steiner in discussions about his future. The situation exemplifies an enduring tension in corporate governance: lavish executive pay that fails to track shareholder value.

Source: https://www.theguardian.com/business/2026/jun/28/ocado-bo...

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