Ocado appoints non-executive director to board

Ocado has appointed Rachel Osborne to its board as non-executive director.

Osborne joins the retailer from Ted Baker, where she recently stepped down as chief executive.

She has also worked as the chief financial officer of Debenhams and Domino’s Pizza.

Prior to these roles, Osborne worked as finance director of the John Lewis Division within the John Lewis Partnership.

She will start her new role on 1 September 2023, when she will also become a member of Ocado’s Audit Committee and the People Committee.

Ocado has also announces that Michael Sherman will retire from the board with immediate effect providing him more time to focus on his expanded executive role at Barclays UK.

Commenting on the news Tim Steiner, chief executive of Ocado, said: "I am very excited to welcome Rachel to our board. Rachel's significant experience in transformation and her commercial mindset will be a real asset as Ocado Group continues to expand globally and seeks to enter into new non-grocery markets."

Ocado recently announced it is appointing Amit Chitnis as its new chief commercial officer (COO). Chitnis will take over from Rose Price who is retiring at the end of the year.

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