# Tim Steiner

> Tim Steiner OBE is the British co-founder and chief executive of Ocado Group. After eight years in fixed income at Goldman Sachs, he founded Ocado in 2000 with Jason Gissing and Jonathan Faiman, overseeing its development from online grocery retailer into an international supplier of grocery technology. He also chairs Ocado Retail. A July 2026 announcement set out a CEO succession process expected to conclude around the start of FY2028, followed by a Founder role through 2029.

- **Role:** Co-founder and Chief Executive Officer at Ocado Group
- **Organizations:** Ocado Group, Ocado Retail, Goldman Sachs
- **Nationality:** British
- **Education:** Honours degree in Economics, Finance and Accountancy, University of Manchester, Haberdashers’ Boys’ School
- **Known for:** Co-founded Ocado in 2000 and led its development into an international grocery technology supplier., Oversaw Ocado’s 2010 public listing., OBE for services to the economy, 2016.

## Career timeline

- **1992** — Graduated from Manchester University and joined Goldman Sachs.
- **1992–2000** — Worked in fixed income at Goldman Sachs in London, Hong Kong and New York.
- **2000** — Co-founded Ocado with Jason Gissing and Jonathan Faiman; appointed executive director on 13 April.
- **2002** — Ocado opened its first Hatfield customer fulfilment centre and began trading with Waitrose products.
- **2010** — Led Ocado through its London Stock Exchange listing.
- **2013** — Ocado agreed a technology and fulfilment partnership with Morrisons.
- **2016** — Awarded an OBE for services to the economy.
- **2018** — Ocado signed its Kroger partnership in the United States.
- **2019** — Ocado established its UK retail joint venture with Marks & Spencer.
- **2026** — Ocado announced a succession process expected to conclude around the start of FY2028; Steiner to remain involved in a Founder role through 2029.

## Achievements

- Co-founded Ocado in 2000 and led its development into an international grocery technology supplier.
- Oversaw Ocado’s 2010 public listing.
- OBE for services to the economy, 2016.
- Winner of the Grocer Cup, 2020.

## Latest updates

- **2026-09** — A 16 September regulatory notification continued to identify Steiner as CEO and recorded his participation in Ocado’s Share Incentive Plan.
- **2026-07** — Ocado announced a CEO succession process expected to conclude around the start of FY2028, followed by a Founder role through 2029.
- **2026-07** — Half-year results reported 27% international fulfilment-centre volume growth excluding closed Kroger and Sobeys sites.
- **2026-04** — Listed as an Ocado Group CEO speaker at World Retail Congress in Berlin.
- **2025-10** — Ocado published a replay of his GroceryShop 2025 fireside discussion with Chris Walton.

## Links

- Website: https://www.ocadogroup.com/
- LinkedIn: https://www.linkedin.com/in/tim-steiner-2b87a621/

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Profile page: https://yespress.io/tim-steiner
Published by YesPress — https://yespress.io
Last updated: 2026-10-21
