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$2.03B. The average tenure of the management team and the board of directors is 6.5 years and 4.3 years respectively.
Key information
Tim Steiner
Chief executive officer
UK£2.0m
Total compensation
CEO salary percentage | 37.7% |
CEO tenure | 24.2yrs |
CEO ownership | 2.4% |
Management average tenure | 6.5yrs |
Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
May 28 2023 | n/a | n/a | -UK£477m |
Feb 28 2023 | n/a | n/a | -UK£466m |
Nov 27 2022 | UK£2m | UK£755k | -UK£455m |
Aug 27 2022 | n/a | n/a | -UK£405m |
May 29 2022 | n/a | n/a | -UK£354m |
Feb 28 2022 | n/a | n/a | -UK£288m |
Nov 28 2021 | UK£2m | UK£732k | -UK£223m |
Aug 28 2021 | n/a | n/a | -UK£191m |
May 30 2021 | n/a | n/a | -UK£159m |
Feb 28 2021 | n/a | n/a | -UK£147m |
Nov 29 2020 | UK£6m | UK£708k | -UK£134m |
Aug 29 2020 | n/a | n/a | -UK£129m |
May 31 2020 | n/a | n/a | -UK£123m |
Feb 29 2020 | n/a | n/a | -UK£168m |
Dec 01 2019 | UK£59m | UK£661k | -UK£213m |
Sep 01 2019 | n/a | n/a | -UK£196m |
Jun 02 2019 | n/a | n/a | -UK£179m |
Mar 02 2019 | n/a | n/a | -UK£112m |
Dec 02 2018 | UK£4m | UK£606k | -UK£45m |
Sep 02 2018 | n/a | n/a | -UK£37m |
Jun 03 2018 | n/a | n/a | -UK£30m |
Mar 03 2018 | n/a | n/a | -UK£19m |
Dec 03 2017 | UK£1m | UK£589k | -UK£8m |
Compensation vs Market: Tim's total compensation ($USD2.54M) is about average for companies of similar size in the MX market ($USD2.60M).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Steiner (54 yo)
24.2yrs
Tenure
UK£2,004,000
Compensation
Mr. Timothy Steiner, OBE, also known as Tim, serves as the Chief Executive Officer of Ocado Group PLC. He served as the Chief Executive Officer of Ocado Retail Limited until August 2019. Mr. Steiner worked...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 24.2yrs | UK£2.00m | 2.42% MX$ 2.0b | |
CFO & Executive Director | 3yrs | UK£1.39m | 0.0016% MX$ 1.4m | |
Group General Counsel & Company Secretary | no data | UK£1.18m | 0.45% MX$ 377.7m | |
Communications Director | 6.5yrs | no data | no data | |
Chief People Officer | no data | no data | no data | |
Senior Vice President of North America - Ocado Solutions | 6.5yrs | no data | no data | |
Deputy Chief Financial Officer | no data | no data | no data | |
Managing Director of Ocado Logistics | no data | no data | no data | |
CEO of Ocado Technology | no data | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 23.9yrs | UK£2.00m | 2.42% MX$ 2.0b | |
CFO & Executive Director | 3yrs | UK£1.39m | 0.0016% MX$ 1.4m | |
Independent Non-Executive Director | 2.5yrs | UK£79.00k | no data | |
Independent Non-Executive Chairman | 3.2yrs | UK£384.00k | 0.0039% MX$ 3.2m | |
Independent Non-Executive Director | 21yrs | UK£76.00k | 10.25% MX$ 8.6b | |
Senior Independent Director | 8yrs | UK£132.00k | 0.0031% MX$ 2.6m | |
Independent Non-Executive Director | 7.3yrs | UK£88.00k | 0.0021% MX$ 1.8m | |
Independent Non-Executive Director | 5.5yrs | UK£104.00k | 0.00079% MX$ 662.7k | |
Independent Non-Executive Director | 1.2yrs | no data | no data | |
Independent Non-Executive Director | less than a year | no data | no data |
4.3yrs
Average Tenure
56yo
Average Age
Experienced Board: OCDO N's board of directors are considered experienced (4.3 years average tenure).