The Puppeteer's Dilemma: Ocado's Leadership Tussle Raises Questions About Control Ocado's CEO, Tim Steiner, has stated that he "has no intention of being a puppet master" amid an apparent boardroom row over succession.
However, this commitment to supporting his successor and maintaining relationships with clients is tempered by the underlying tensions between him and Chair Adam Warby.
The company's shares have taken a hit, plummeting nearly 15% in recent days, as investors remain skeptical about the timeline for achieving positive cash flow.