Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’

According to The Guardian World, Tim Steiner, the co-founder and chief executive of Ocado, has earned nearly one hundred million pounds since the British grocery tech company floated in twenty ten. That's remarkable given Ocado's share price now trades below its original listing level. The disconnect between his substantial payouts and the company's struggles has raised serious governance concerns. Reports suggest Ocado is considering leadership changes, with at least one potential successor being discussed.

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