Ocado Group Management

Management criteria checks 3/4

Ocado Group's CEO is Tim Steiner, appointed in Jan 2000, has a tenure of 24.17 years. total yearly compensation is £2.00M, comprised of 37.7% salary and 62.3% bonuses, including company stock and options. directly owns 2.42% of the company’s shares, worth MX$2.03B. The average tenure of the management team and the board of directors is 6.5 years and 4.3 years respectively.

Key information

Tim Steiner

Chief executive officer

UK£2.0m

Total compensation

CEO salary percentage37.7%
CEO tenure24.2yrs
CEO ownership2.4%
Management average tenure6.5yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tim Steiner's remuneration changed compared to Ocado Group's earnings?
DateTotal CompensationSalaryCompany Earnings
May 28 2023n/an/a

-UK£477m

Feb 28 2023n/an/a

-UK£466m

Nov 27 2022UK£2mUK£755k

-UK£455m

Aug 27 2022n/an/a

-UK£405m

May 29 2022n/an/a

-UK£354m

Feb 28 2022n/an/a

-UK£288m

Nov 28 2021UK£2mUK£732k

-UK£223m

Aug 28 2021n/an/a

-UK£191m

May 30 2021n/an/a

-UK£159m

Feb 28 2021n/an/a

-UK£147m

Nov 29 2020UK£6mUK£708k

-UK£134m

Aug 29 2020n/an/a

-UK£129m

May 31 2020n/an/a

-UK£123m

Feb 29 2020n/an/a

-UK£168m

Dec 01 2019UK£59mUK£661k

-UK£213m

Sep 01 2019n/an/a

-UK£196m

Jun 02 2019n/an/a

-UK£179m

Mar 02 2019n/an/a

-UK£112m

Dec 02 2018UK£4mUK£606k

-UK£45m

Sep 02 2018n/an/a

-UK£37m

Jun 03 2018n/an/a

-UK£30m

Mar 03 2018n/an/a

-UK£19m

Dec 03 2017UK£1mUK£589k

-UK£8m

Compensation vs Market: Tim's total compensation ($USD2.54M) is about average for companies of similar size in the MX market ($USD2.60M).

Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.


CEO

Tim Steiner (54 yo)

24.2yrs

Tenure

UK£2,004,000

Compensation

Mr. Timothy Steiner, OBE, also known as Tim, serves as the Chief Executive Officer of Ocado Group PLC. He served as the Chief Executive Officer of Ocado Retail Limited until August 2019. Mr. Steiner worked...


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Steiner
CEO & Executive Director24.2yrsUK£2.00m2.42%
MX$ 2.0b
Stephen Daintith
CFO & Executive Director3yrsUK£1.39m0.0016%
MX$ 1.4m
Neill Abrams
Group General Counsel & Company Secretaryno dataUK£1.18m0.45%
MX$ 377.7m
David Shriver
Communications Director6.5yrsno datano data
Claire Ainscough
Chief People Officerno datano datano data
David Hardiman-Evans
Senior Vice President of North America - Ocado Solutions6.5yrsno datano data
Andrew Page
Deputy Chief Financial Officerno datano datano data
Brian McClory
Managing Director of Ocado Logisticsno datano datano data
James Matthews
CEO of Ocado Technologyno datano datano data

6.5yrs

Average Tenure

58yo

Average Age

Experienced Management: OCDO N's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Steiner
CEO & Executive Director23.9yrsUK£2.00m2.42%
MX$ 2.0b
Stephen Daintith
CFO & Executive Director3yrsUK£1.39m0.0016%
MX$ 1.4m
Nadia Shouraboura
Independent Non-Executive Director2.5yrsUK£79.00kno data
Richard Haythornthwaite
Independent Non-Executive Chairman3.2yrsUK£384.00k0.0039%
MX$ 3.2m
Jorn Rausing
Independent Non-Executive Director21yrsUK£76.00k10.25%
MX$ 8.6b
Andrew Harrison
Senior Independent Director8yrsUK£132.00k0.0031%
MX$ 2.6m
Emma Lloyd
Independent Non-Executive Director7.3yrsUK£88.00k0.0021%
MX$ 1.8m
Julie Southern
Independent Non-Executive Director5.5yrsUK£104.00k0.00079%
MX$ 662.7k
Julia Brown
Independent Non-Executive Director1.2yrsno datano data
Rachel Osborne
Independent Non-Executive Directorless than a yearno datano data

4.3yrs

Average Tenure

56yo

Average Age

Experienced Board: OCDO N's board of directors are considered experienced (4.3 years average tenure).